• Banks stop international transactions on ATMs over ‘EFCC harassment’

    Banks stop international transactions on ATMs over ‘EFCC harassment’

    Some banks in the country have made real their threat to suspend international transactions on Naira and Dollar denominated ATM cards.

    This followed the earlier protest of the harassment of their staff by operatives of the Economic and Financial Crimes Commission (EFCC).

    Last week, one of such banks announced a temporary shut-down of Mastercard International transactions.

    “Please be informed that all international transactions on your MasterCard Naira and Dollar (Debit, Prepaid) will be temporarily declined, effective May 26, 2016 due to the current […]