bank cards swipe limit

Following FBC Bank‘s announcement that it has increased its daily swipe transaction limits. We thought it would be prudent to look up all the other banks and see how their limits stack up against one another. Here are the figures we got from the respective banks’ customer services representatives.

BankIndividual Daily Swipe Limit (ZWL$)Corporate Daily Swipe Limit (ZWL$)
BancABC500,000500,000
CBZ Bank500,000500,000
EcoBank
FBC Bank300,000500,000
First Capital Bank300,000300,000
Nedbank Zimbabwe250,000500,000
NMB Bank800,0001,000,000
Stanbic Bank
Standard Chartered2,500,0002,500,000
Steward Bank100,000200,000
ZB Bank500,000500,000

We will update this article as soon as we have heard back from the remaining banks.-techzim