First Bank Going Cashless with Travel Kits Offers for Summer MWorld FEATURES, NEWS The Visa Multi Currency Card, introduced by First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider, is an all-in one-card and first of its kind to be offered by any financial institution in the country. Most importantly, it can be linked to all of the four major currencies namely: NAIRA, USD, EURO and GBP accounts. Having worked round the clock since the beginning of the year, it is ideal to take out time to relax and rejuvenate. Well, you do not need to wait until the end of the year to unwind as summer is already beckoning on discerning holiday makers to seek refuge in top travel destinations across the world. If you have not jetted out yet due to the stress of traveling, especially the trouble of settling your travel bills, tickets and sundries, you can now do so and seamlessly too with the FirstBank Visa Multicurrency card, which allows you to go full cashless this summer in anywhere in the world. Beyond the international passport, the card is handy for the Nigerian business traveller and holiday makers, especially this summer period, which comes with lots of expenditures on airfares, hotel accommodations, tour bookings, shopping, theatre/concert tickets among others. The card holders enjoy many benefits including; Point of Sale and online purchases, access to and use of ATMs worldwide, as well, there is no cash collateral requirement prior to its issuance. As expected, FirstBank is delighted in the innovative card, which offers seamless transactions to users, especially holiday makers frolicking in top destinations across the world this summer. Commenting on the offerings, Group Executive, e- Business & Retaik Product, First Bank, Chuma Ezirim, he said he sees the card as a milestone in the bank’s innovation. “FirstBank takes pride in pioneering the Visa Multi Currency Card in the country, as we remain committed to providing products and services that are designed to ensure the banking convenience of our customers regardless of their location. Some features includes the bank’s customers while abroad, enjoy improved daily withdrawal limits of $1,000 on ATM, $2,500 on POS and $6,250 on web-based transactions. At home, they can withdraw as much as N150 on ATM, N500, 000 and N2, 500,000 (from savings and current accounts respectively) on POS – N500,000, and N1,000,000 on web transactions locally. In addition, customers who use the Bank’s Naira Master Card (NMC) have no need for BTA/PTA and stand to enjoy seamless transactions this summer with $5000 monthly spending limit and $300 daily ATM cash withdrawal limit. The seamless experience continues with the Visa Gold Card, which offer higher daily spending limit on ATM ($1,000), POS ($10,000) and WEB ($5,000) anywhere in the world. To ensure seamless transaction while on holiday this summer, the Bank urged customers to change their PIN before travelling out of the country to avoid transaction failures/invalid card. However, the Bank assures its customers of safety with additional protection for web based transactions with “Verified by Visa” (VbV) and Chip & PIN technology with a lifespan of 3 years. With safety, the Bank is consolidating on its huge strength, which it assures the customers should rely on to further do business with it, including transactions outside the country as it watches their back with card security features. Speaking on the Visa Multi- Currency Card, Adesola Adeduntan, Chief Executive Officer, First Bank of Nigeria, said at this time, said it is a testament to the bank’s drive in delivering to its brand promise of putting customers first and continuously improving its business to serve them better. “One of the ways by which we were able to sustain this winning edge is the use of our instant issuance/instant activation technology, which we pioneered about 10 years ago. We have also consistently maintained the highest active card ratio in the industry. “This feat also implies that our customers are becoming more technology savvy and we would continue to encourage this attitude with our commitment to world class service delivery. Therefore, we must work to ensure optimal performance and availability of all our channels such as ATM, FirstMobile among others to guard against customer dissatisfaction”, explained the FirstBank CEO. Once again, the Bank urges customers traveling abroad for summer to walk into any FirstBank branch for their Visa Multi Currency Card for a seamless holiday experience anywhere in the world.