See The Current GTBank Dollar Exchange Rate On Its Naira MasterCard For Foreign Transactions
The other time we showed you the current UBA dollar exchange rate on its Naira MasterCard for foreign transactions and today we are going to be giving you the current Dollar exchange rate on GTBank Naira MasterCard.
Are you planning to use your GTBank Naira MasterCard to shop on foreign site or use it on foreign POS but you are sceptical because you don’t actually know the exact dollar exchange rate that will be billed to your card? If you currently find yourself in such situation, then we are here to the rescue.
We decided to shop online on foreign site with our GTBank Naira MasterCard to see how much is the current dollar to naira exchange rate on their naira MasterCard and we were rather shocked at the high exchange rate we witnessed.
Even in the parallel market or what is popularly known as black market, the current dollar to naira rate have been hovering around N360/$ for long but to our amazement using the GTBank Naira MasterCard currently on foreign transaction, we were charged exactly N368.30/$, which is more like extortion to us.
In other words, if you are planning to shop on foreign sites or use a foreign POS with your GTBank Naira MasterCard, you should bear in mind that GTbank current dollar exchange rate on its Naira MasterCard is N368.30/$.
And the question remains; why do Nigerian banks charge more than the CBN standard approved foreign exchange rate on their Naira MasterCards?
Are you planning to use your GTBank Naira MasterCard to shop on foreign site or use it on foreign POS but you are sceptical because you don’t actually know the exact dollar exchange rate that will be billed to your card? If you currently find yourself in such situation, then we are here to the rescue.
We decided to shop online on foreign site with our GTBank Naira MasterCard to see how much is the current dollar to naira exchange rate on their naira MasterCard and we were rather shocked at the high exchange rate we witnessed.
Even in the parallel market or what is popularly known as black market, the current dollar to naira rate have been hovering around N360/$ for long but to our amazement using the GTBank Naira MasterCard currently on foreign transaction, we were charged exactly N368.30/$, which is more like extortion to us.
In other words, if you are planning to shop on foreign sites or use a foreign POS with your GTBank Naira MasterCard, you should bear in mind that GTbank current dollar exchange rate on its Naira MasterCard is N368.30/$.
And the question remains; why do Nigerian banks charge more than the CBN standard approved foreign exchange rate on their Naira MasterCards?
See The Current GTBank Dollar Exchange Rate On Its Naira MasterCard For Foreign Transactions
Reviewed by Edwin Akwudolu
on
7:29:00 AM
Rating:
Reviewed by Edwin Akwudolu
on
7:29:00 AM
Rating:
No comments:
Your comment is always appreciated