Thursday, 7 January 2016

New development in using GTB Naira Mastercard for foreign transaction

As Nigerian await the implementation of the much talked about restriction of use of debit/credit for foreign transaction, here is a tip when using your Guaranty Trust Bank  debit card.

We would like to inform you of an important point when using your GTBank Naira MasterCard for international payments. At the point of payment, you may be given the option of paying in Naira or the currency of the country you are transacting in.
 

Please be advised that selecting the option of paying in Naira attracts an additional charge, which will make the total amount debited to your account higher than the amount displayed by the merchant.

To avoid the discrepancy or this difference in transaction amount, please always choose to pay in the currency of the country you are making payments. 

 

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