Foreign Currency Usage Limits on Credit Cards

[Dizzy28]

Eximbank is a businesses bank and the USD they give is in the form of a loan IIRC.

Not loans. they pay suppliers directly. Local businesses never get cash in hand.

[hover11]

So stupid question......why wasn't this done before, why is this being announced 9 days before election day?

[The_Honourable]

So stupid question......why wasn't this done before, why is this being announced 9 days before election day?

They suddenly find the money

[paid_influencer]

So stupid question......why wasn't this done before, why is this being announced 9 days before election day?

this was never the purpose to EXIMBank. In fact it is a molestation

[pugboy]

i’m sure they were consulted

So stupid question......why wasn't this done before, why is this being announced 9 days before election day?

this was never the purpose to EXIMBank. In fact it is a molestation

[Dave]

So stupid question......why wasn't this done before, why is this being announced 9 days before election day?

this was never the purpose to EXIMBank. In fact it is a molestation

Exactly..go and find out exactly what it is. I had the meeting exploring this as an option for a client. You really think they just gonna sell you USD!

[pugboy]

man say soon you will be able to get to go on your vacays and ting
even to go buy a rolex

[The_Honourable]

f44a194b-4fe9-4789-a150-e2a95682e34c.jpeg

man say soon you will be able to get to go on your vacays and ting
even to go buy a rolex

Pnm asking where he getting that money from by chance? or that is just questions for the unc?

[daring dragoon]

float the dam USD and let it be a level playing field for all. stuart only telling people floating the dollar bad, it go be bad for them who getting preferential treatment now to get the USD. Float the dollar and open up the forex trade.

Access will not be made easier through a free float.
You all really think on a free floating system the big business will be put any lower down on a list?

First thing would have to happen would be the equalization of demand and supply. That will take time and average joe still will get limited amount.

It will not have any list. in a free floating system the price fluctuates with supply and demand so if you want a $100 usd you can get it if you want to pay the price at the time. The XM bank that handles the USD for the PNM friends will become obsolete and they will have to go into a regular bank to buy their USD. just like a bag of carrot, price depends on supply and demand.

[Dizzy28]

float the dam USD and let it be a level playing field for all. stuart only telling people floating the dollar bad, it go be bad for them who getting preferential treatment now to get the USD. Float the dollar and open up the forex trade.

Access will not be made easier through a free float.
You all really think on a free floating system the big business will be put any lower down on a list?

First thing would have to happen would be the equalization of demand and supply. That will take time and average joe still will get limited amount.

It will not have any list. in a free floating system the price fluctuates with supply and demand so if you want a $100 usd you can get it if you want to pay the price at the time. The XM bank that handles the USD for the PNM friends will become obsolete and they will have to go into a regular bank to buy their USD. just like a bag of carrot, price depends on supply and demand.

If you all think thats how the world works good for you.

At no time the ppl buying big yranches of usd go to the bank to line up. That's only for us small guys. That's not going to change.

[hover11]

The facts are the facts the forex situation is going to worsen, do you know if you live abroad and come back to apply for pension now , your money cannot no longer be sent to a foreign bank due to the forex situation. You have to open an account down here and fight up..... carry on vote wisely

[pugboy]

that was actually possible before?
no doubt govt party hacks will still get that privilege

The facts are the facts the forex situation is going to worsen, do you know if you live abroad and come back to apply for pension now , your money cannot no longer be sent to a foreign bank due to the forex situation. You have to open an account down here and fight up..... carry on vote wisely

[Redress10]

The facts are the facts the forex situation is going to worsen, do you know if you live abroad and come back to apply for pension now , your money cannot no longer be sent to a foreign bank due to the forex situation. You have to open an account down here and fight up..... carry on vote wisely

Why should forex be used to send people pensions overseas? You actually hearing yourself?

[hover11]

Yea it was all you had to do was send your foreign financial info and we sending to the bank of your choice. Now if you now applying you Hadda make time open an account and however you get the forex you fight up that's no longer our concern

that was actually possible before?
no doubt govt party hacks will still get that privilege

The facts are the facts the forex situation is going to worsen, do you know if you live abroad and come back to apply for pension now , your money cannot no longer be sent to a foreign bank due to the forex situation. You have to open an account down here and fight up..... carry on vote wisely

[hover11]

The facts are the facts the forex situation is going to worsen, do you know if you live abroad and come back to apply for pension now , your money cannot no longer be sent to a foreign bank due to the forex situation. You have to open an account down here and fight up..... carry on vote wisely

Why should forex be used to send people pensions overseas? You actually hearing yourself?

Sooooo.....why was it done before???

[The_Honourable]

Republic again

Starting Today...

All new credit cards issued with Republic Bank will now be capped at $500usd per month.

Also, no new credit cards to be given to you if you already have one.

https://www.facebook.com/share/p/1AJPm2xh66/

[MaxPower]

Hey CC boys,

Anyone with FCB received this?

It’s not saying how much the CC was increased to in the app.

[The_Honourable]

Hey CC boys,

Anyone with FCB received this?

It’s not saying how much the CC was increased to in the app.

I got an increase late last year but it's on the TT side of things. Never received a notification, and I never requested it, but banking systems do this without your consent.

[pugboy]

max a ttd increase ain’t much to boast bout
but carry on

[VexXx Dogg]

Hey CC boys,

Anyone with FCB received this?

It’s not saying how much the CC was increased to in the app.

Yea but I’m seeing how much in TTD alone.

Not sure if they upped the TTD side and reduced the USD side so lemme know if you find out more

[MaxPower]

Hey CC boys,

Anyone with FCB received this?

It’s not saying how much the CC was increased to in the app.

Yea but I’m seeing how much in TTD alone.

Not sure if they upped the TTD side and reduced the USD side so lemme know if you find out more

Yeh b, will do.

They didn’t specify so would let you know if anything.

[j.o.e]

Hey CC boys,

Anyone with FCB received this?

It’s not saying how much the CC was increased to in the app.

Just noticed this email too. Find it a lil sus ….. usually get an increase every 2-3 years or so but I keep my spending the same so doesn’t bother me

[killercow]

Republic again

Starting Today...

All new credit cards issued with Republic Bank will now be capped at $500usd per month.

Also, no new credit cards to be given to you if you already have one.

https://www.facebook.com/share/p/1AJPm2xh66/

I wasn't aware this was coming. I just happened to make a request for an additional CC from RBL a couple of days before this and it was approved the day before this policy came into effect. Well above this $500 cap also.

[*KRONIK*]

Republic again

Starting Today...

All new credit cards issued with Republic Bank will now be capped at $500usd per month.

Also, no new credit cards to be given to you if you already have one.

https://www.facebook.com/share/p/1AJPm2xh66/

I wasn't aware this was coming. I just happened to make a request for an additional CC from RBL a couple of days before this and it was approved the day before this policy came into effect. Well above this $500 cap also.

Isnt it weird, soon as government change
The one bank who was holding firm on CC limits suddenly "cant" anymore?


Just saying....

[pugboy]

like pea was right

Republic again

Starting Today...

All new credit cards issued with Republic Bank will now be capped at $500usd per month.

Also, no new credit cards to be given to you if you already have one.

https://www.facebook.com/share/p/1AJPm2xh66/

I wasn't aware this was coming. I just happened to make a request for an additional CC from RBL a couple of days before this and it was approved the day before this policy came into effect. Well above this $500 cap also.

Isnt it weird, soon as government change
The one bank who was holding firm on CC limits suddenly "cant" anymore?


Just saying....

[mero]

Hey CC boys,

Anyone with FCB received this?

It’s not saying how much the CC was increased to in the app.

Yea but I’m seeing how much in TTD alone.

Not sure if they upped the TTD side and reduced the USD side so lemme know if you find out more

Yeh b, will do.

They didn’t specify so would let you know if anything.

Seems to be like a 20% increase or so across the board. TT only.

Fcb decline in FX coming in a timing

[MaxPower]

Hey CC boys,

Anyone with FCB received this?

It’s not saying how much the CC was increased to in the app.

Yea but I’m seeing how much in TTD alone.

Not sure if they upped the TTD side and reduced the USD side so lemme know if you find out more

Yeh b, will do.

They didn’t specify so would let you know if anything.

Seems to be like a 20% increase or so across the board. TT only.

Fcb decline in FX coming in a timing

Thx bro

[Chimera]

Hey CC boys,

Anyone with FCB received this?

It’s not saying how much the CC was increased to in the app.

Yea but I’m seeing how much in TTD alone.

Not sure if they upped the TTD side and reduced the USD side so lemme know if you find out more

Yeh b, will do.

They didn’t specify so would let you know if anything.

Seems to be like a 20% increase or so across the board. TT only.

Fcb decline in FX coming in a timing

they have been calling around recently asking people what they using their US cards for. especially people who maxing out their cards to car suppliers and other suppliers every month when they arent business people

pressure all around

[MaxPower]

Yeh Phone,

Rel pressure.

All dem Trinis who having relatives withdraw USD cash daily until max out to sell on the black market.

The banks are aware.

[pugboy]

i surprised rbc ain’t clamp down on that yet