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Nairaland Forum / Nairaland / General / Travel / Withdraw Money From GTB Mastercard In US? (32311 Views)
New ATM/POS Charges On Gtbank Mastercard In America / Pls Can I Make Use Of My GT Bank Naira Mastercard In Nairobi / Anyone Travelled To The UK Without B.T.A But Just Gtb Mastercard? (2) (3) (4)
Re: Withdraw Money From GTB Mastercard In US? by fittty(m): 7:13am On Nov 24, 2013 |
No one forgot to include there's a charge for account balance enquiry. I don't know where the charges come from but its either from GTBank or the US bank ATM you used. |
Re: Withdraw Money From GTB Mastercard In US? by femishow2005(m): 9:01am On Nov 25, 2013 |
webstradamus: Just in case anyone is still looking for a cost-effective (or should I say cost-free ) way of transferring money from their GTB account to their US bank account, simply go to any Walmart and purchase a money order in your name using your GTB Naira Mastercard. You can then pay in the money order to your US bank account. You do not incur any charges from GTB (since it is a POS transaction) and the money order only costs $0.70 (70 cents). If you ask me I'd say this is the cheapest and fastest way to transfer funds to the US from Naija. However, maximum you can go on a single money order is $1000 so if you wanted to transfer say $5000, you would have to purchase 5 money orders (total cost will be $3.50). Imagine how much savings you would be making when compared to doing a wire transfer! Plus you get your money instantly!! |
Re: Withdraw Money From GTB Mastercard In US? by Allohrandy(m): 10:57am On Nov 25, 2013 |
fittty: No one forgot to include there's a charge for account balance enquiry. I don't know where the charges come from but its either from GTBank or the US bank ATM you used.I think its from US banks. Last year, When I used my Wells Fargo ATM card on a Bank of America ATM machine to check my balance; I was surprise when $2 was debited from my account just for checking my account balance on a different bank ATM. They also charge me money anytime money is transfer to my account from another bank. I wonder if Checking account balance with another bank ATM and transferring of money to your account is still free in Nigeria. Anyway, most American banks are crooks. Most Americans don't trust their banks because they believe the banks make lots of money out of them. |
Re: Withdraw Money From GTB Mastercard In US? by kunlebal(m): 11:18am On Nov 25, 2013 |
@mamacita n webstradamous: am coming to the state immediately after xmas and i dont plan to come with large sum of money in my packet, when i land in dallas, i plan to open student account with any bank in the state. this is my question, how can i transfer/move the fund in the Gtbank to my new america bank. please i need clarification about money order or walmart stuff, which one is more better becos i plan to move around $2000 early January 2014 |
Re: Withdraw Money From GTB Mastercard In US? by fittty(m): 10:58pm On Nov 25, 2013 |
Allohrandy: I think its from US banks. Last year, When I used my Wells Fargo ATM card on a Bank of America ATM machine to check my balance; I was surprise when $2 was debited from my account just for checking my account balance on a different bank ATM. They also charge me money anytime money is transfer to my account from another bank. I wonder if Checking account balance with another bank ATM and transferring of money to your account is still free in Nigeria. Anyway, most American banks are crooks. Most Americans don't trust their banks because they believe the banks make lots of money out of them. Its free in Nigeria to Withdraw,Check balance or transfer money from any bank ATM. But here in the US nothing goes for free oh! Some banks even charge as much as $8 to deposit your PayCheck into the same bank. I tire oh! |
Re: Withdraw Money From GTB Mastercard In US? by fittty(m): 11:07pm On Nov 25, 2013 |
kunlebal: @mamacita n webstradamous: am coming to the state immediately after xmas and i dont plan to come with large sum of money in my packet, when i land in dallas, i plan to open student account with any bank in the state. this is my question, how can i transfer/move the fund in the Gtbank to my new america bank. please i need clarification about money order or walmart stuff, which one is more better becos i plan to move around $2000 early January 2014 If you have the cash before you travelling date why not just bring it along because of GTBank exchange rate? But better still you can leave it in your GTB account then come here with your master card. You simply walk into any WalMart store and tell them you want to buy money order of $1,000. It cost just 60cent for the money order. Since you'll be needing $2,000 worth then you buy 2 because the maximum you can buy is $1,000. So the 2 costs just $1.20. You'll by swiping your GTB master card in the walmart store. Then you take it to your new bank account and give them to deposit it. Simple! |
Re: Withdraw Money From GTB Mastercard In US? by kunlebal(m): 5:04am On Nov 26, 2013 |
fittty:Thank pally, so apart of $1.20 charges @ walmart, I hope Gtbank will not charge me a kobo. The reason why I don't want to come with the cash is that I don't want to be tempted to start buying things I don't need b4 school will resume and also which america bank can I open an account with very easy, I want bank that is very ok in terms of charges Oº°˚˚°ºo cos I intend to open an account immediately I land in Obamaland. Thanks |
Re: Withdraw Money From GTB Mastercard In US? by fittty(m): 9:11am On Nov 26, 2013 |
kunlebal: No GTBank wouldn't charge you. Wellsfargo is okay. With as little as $25 you can open an account. Although, your school be in partnership with a bank to give students a checking account that don't charge you monthly. |
Re: Withdraw Money From GTB Mastercard In US? by mavinc4u(f): 10:26am On Nov 26, 2013 |
fittty:how do i buy the moneyorder online. I loggined in to their site and i saw moneygram and xoom and nothing like purchase moneyorder. Can i get it from their store in Nigeria. |
Re: Withdraw Money From GTB Mastercard In US? by kunlebal(m): 11:14am On Nov 26, 2013 |
fittty:Thanks pally, really appreciate your response |
Re: Withdraw Money From GTB Mastercard In US? by fittty(m): 7:00pm On Nov 26, 2013 |
mavinc4u: No you can't |
Re: Withdraw Money From GTB Mastercard In US? by souleymon(m): 8:49am On Nov 27, 2013 |
How long does it take for money order to be cleared at the bank? webstradamus: Just in case anyone is still looking for a cost-effective (or should I say cost-free ) way of transferring money from their GTB account to their US bank account, simply go to any Walmart and purchase a money order in your name using your GTB Naira Mastercard. You can then pay in the money order to your US bank account. You do not incur any charges from GTB (since it is a POS transaction) and the money order only costs $0.70 (70 cents). If you ask me I'd say this is the cheapest and fastest way to transfer funds to the US from Naija. However, maximum you can go on a single money order is $1000 so if you wanted to transfer say $5000, you would have to purchase 5 money orders (total cost will be $3.50). Imagine how much savings you would be making when compared to doing a wire transfer! Plus you get your money instantly!! 1 Like |
Re: Withdraw Money From GTB Mastercard In US? by Wonderfulwoman(f): 2:06am On Dec 02, 2013 |
webstradamus: Just in case anyone is still looking for a cost-effective (or should I say cost-free ) way of transferring money from their GTB account to their US bank account, simply go to any Walmart and purchase a money order in your name using your GTB Naira Mastercard. You can then pay in the money order to your US bank account. You do not incur any charges from GTB (since it is a POS transaction) and the money order only costs $0.70 (70 cents). If you ask me I'd say this is the cheapest and fastest way to transfer funds to the US from Naija. However, maximum you can go on a single money order is $1000 so if you wanted to transfer say $5000, you would have to purchase 5 money orders (total cost will be $3.50). Imagine how much savings you would be making when compared to doing a wire transfer! Plus you get your money instantly!! @Webstradamus you're a real blessing Thanks! @All: Please I have a quick question which anyone who has used the GTB Naira Mastercard in the US may be able to answer. Does the exchange rate for POS transactions/ATM withdrawals fluctuate or is there a fixed exchange rate (as I think there should be)? If there is, how much (in Naira) does GTB exchange 1 USD for? And if it fluctuates (as would be expected), is it possible to get this information from GTB? I have scoured their website endlessly and have just stumbled on this rather interesting link : https://twitter.com/gtbank/status/273835591664300032 Thank you! |
Re: Withdraw Money From GTB Mastercard In US? by Wonderfulwoman(f): 2:08am On Dec 02, 2013 |
souleymon: How long does it take for money order to be cleared at the bank? 2-3 business days, I would say. It will depend largely on the bank, though. It is virtually processed like cheques. |
Re: Withdraw Money From GTB Mastercard In US? by Wonderfulwoman(f): 2:10am On Dec 02, 2013 |
mavinc4u: I am not sure you can purchase a money order from Nigeria but you should probably check with the banks. We used to have (probably still do have) postal orders which were/are sold in post offices and can be used in place of money orders/cheques. |
Re: Withdraw Money From GTB Mastercard In US? by fittty(m): 1:42pm On Dec 02, 2013 |
Wonderfulwoman: Sure it does fluctuate. The exchange rate for the day you make the transaction is what you'll be charged. To get the current exchange rate you'll call GTConnect. In between you're beautiful. Good looking. |
Re: Withdraw Money From GTB Mastercard In US? by dumex: 1:50am On Dec 03, 2013 |
Ikusd daily on a chrg of 2.5usd and 1k from the bank in naija... |
Re: Withdraw Money From GTB Mastercard In US? by Wonderfulwoman(f): 4:04am On Dec 03, 2013 |
fittty: Thanks a lot for the info, Fittty! Thanks too for the compliment 1 Like |
Re: Withdraw Money From GTB Mastercard In US? by kunlebal(m): 8:46am On Dec 03, 2013 |
Wonderfulwoman:OMG, wish i could take u to mama 1 Like |
Re: Withdraw Money From GTB Mastercard In US? by nkkystel(f): 1:44am On Jan 03, 2014 |
Gd day house, pls can someone in the US pay into his GTB naira account and what are the charges like. |
Re: Withdraw Money From GTB Mastercard In US? by Mamacita007(f): 9:08am On Jan 04, 2014 |
nkkystel: Gd day house, pls can someone in the US pay into his GTB naira account and what are the charges like. Yes u can with the accnt number, swift code for GTB & aba or iban number. the charges will be ridiculous becos GTB will also charge u. western union isn't expensive. they charge $8 or so for $100 but i prefer moneygram |
Re: Withdraw Money From GTB Mastercard In US? by prinsaysk: 8:15pm On Jan 07, 2014 |
Please who knows d same info but in regards to Europe, does it make sense withdrawing with the Gtbank card? |
Re: Withdraw Money From GTB Mastercard In US? by nkkystel(f): 3:54pm On Jan 08, 2014 |
Mamacita007:Tnx mamacita, I'll make enquiry about moneygram since you refer it's cheaper. |
Re: Withdraw Money From GTB Mastercard In US? by Nobody: 6:42pm On Oct 15, 2014 |
Please throw more light on this walmart cash back stuff and also those of us who does not have US bank account, how do we cash out our money without attracting much charges? Pls reply! 1 Like |
Re: Withdraw Money From GTB Mastercard In US? by ultrazone(m): 12:25pm On Feb 03, 2015 |
mm |
Re: Withdraw Money From GTB Mastercard In US? by phyler: 6:16am On Jul 22, 2015 |
Two ways that worked well for me and still work. |
Re: Withdraw Money From GTB Mastercard In US? by phyler: 12:07am On Jul 25, 2015 |
As of Today August 24, 2015, 2.86 dollars=643.51 naira that is to say 1 dollar= 225.0034965 naira using GTBank naira master card in US. |
Re: Withdraw Money From GTB Mastercard In US? by SoulMaverick: 8:58am On Jul 29, 2015 |
[quote author=femishow2005 post=19772200][/quote] Hi, Please has anyone actually tried this? I'll really appreciate a feedback as I need to make some payments here in the USA and i jave money only in my Gtbank MasterCard |
Re: Withdraw Money From GTB Mastercard In US? by tobzquest: 4:45pm On Aug 13, 2015 |
I usually go for money order because the charge is only $0.70c but since the CBN cap came in I have not really used it. Has any one used Cashier's cheque of late to purchase above $500 from a naira account? Its the only option left at $4 per transaction |
Re: Withdraw Money From GTB Mastercard In US? by NEROSKY(m): 10:56am On Nov 12, 2015 |
fittty: I thank God you're online... pls i want to come to US with Gtb Dollar Mastercard, i have USD on it already, that's USD Dom Acc.... The question here is, how much will i be changed to get my dollar on ATM's, again the name on the ATM is not my real name that i'm coming with, will i have problem with that |
Re: Withdraw Money From GTB Mastercard In US? by Bamz(m): 2:16am On Jun 06, 2016 |
fittty: Hi there, Is this still valid? And I was wondering if the money order will be processed at the official USD/NGN exchange rate or black-market rate will be used by GTBank. PS. I'm also aware that GT MasterCard has a monthly fx limit of $2000 presently cc: kunlebal,webstradamus |
Re: Withdraw Money From GTB Mastercard In US? by guiddoti: 2:40pm On Jun 06, 2016 |
Mamacita007:if you have registered for BVN, you can withdraw with it. |
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