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StanChart cancels visa services for Zimbabweans


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by Staff reporter

22 hrs ago | 

Standard Chartered's Zimbabwe-based unit has cancelled the use of Visa cards outside the country as Zimbabwe continues to grapple with dollar shortages.

In a notice published in a local newspaper, Standard Chartered said the bank has cancelled the use of its Visa cards outside Zimbabwe with immediate effect.

The bank explained the action has been taken to "ensure best use of the increasingly scarce foreign currency resources which is disbursed in line with the priority list issued by the Reserve Bank of Zimbabwe (RBZ) if and when available". Source: http://world.einnews.com/article/365462692/W9c4xXtjm4Aogr0D?n=2&code=kIPPYPMcRrtB3ST2


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