7 News Belize

Hard Currency Scarce, Atlantic Bank Lowers Credit Card Limits
posted (May 28, 2020)

In what may be a harbinger of things to come, the Atlantic Bank has sent a message to customers advising them that effective June first their credit card limits will be reduced.

Why? Well the bank says, quote, “foreign currency revenue earnings have all but come to a halt…the bank is obliged to ensure that we meet the foreign currency needs of our essential service providers.â€￾ End quote.

So how much will those credit card limits be reduced? Atlantic Bank says it will be reduced, quote, “in line with your recurrent needs.â€￾

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7 News Belize