The suspension of diamond visa cards on foreign sites and POS came as a shock to its customer.
As a matter of fact, it affected me and some of my colleagues who needed to use their visa cards on facebook to pay for ads placement.
In this note we contacted the bank and they gave us some alternatives and thus it reads:
ALTERNATIVE 1: USD or GBP DOMI
"Be informed that you would be required to open a domiciliary account (USD or GBP) to enable you have a USD or GBP Debit card upon request.
ALTERNATIVE 2 - FORM A & M
"The Form A and Form M options are trade options that enable you make international payments in foreign currency.
The Form A is suitable for invisible transactionssuch as school fees for international educational institutions while Form M would apply for any customer that requires to import physical goods into Nigeria through any authorized dealer bank.
"Please be informed that the maximum amount that can be transferred from a domiciliary account is $10,000 daily and as such you can make transfers as desired from your domiciliary account if you open a domiciliary account"
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