Zenith bank international spending limit 2023
Read all about Zenith bank international spending limit.
It is no news by now that all the major banks in Nigeria have reduced to dollar spending limit, some of them have even totally stopped their naira MasterCard from being able to perform international transaction.
By this time last year, major banks had set a monthly spending limit of $100, which was not well received by Nigerians.
Obviously if you are someone who performs a lot of international transactions, I imagine that this current situation is very frustrating to you.
Zenith bank, which is one of the leading commercial banks in Nigeria has set its international spending limit to $20 monthly i.e. you cannot spend more than $20 monthly on your MasterCard.
Hopefully in the future, we may see a rise in the limits, but as of now, you are left with no other option but to find an alternative.
You can read my post on how to bypass dollar spending limit in Nigeria.
About Zenith bank?
Zenith Bank Plc was founded in May 1990 and began operations as a commercial bank in July of the same year. Following a highly successful Initial Public Offering, the Bank became a public limited company on June 17, 2004, and was listed on the Nigerian Stock Exchange (NSE) on October 21, 2004. (IPO).
Zenith Bank Plc has around one million shareholders and is Nigeria’s largest bank by tier-1 capital. The Bank listed $850 million worth of its shares on the London Stock Exchange in 2013, at a price of $6.80 per share (LSE).
Zenith Bank Plc, headquartered in Lagos, Nigeria, has approximately 500 branches and business offices in important commercial centers around the country, including the Federal Capital Territory (FCT).
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