24 March, 2019 steades

The new limit for credit cards established in Venezuela

The Superintendency of Banking Sector Institutions (Sudeban) increased the maximum limit for credit cards to 36 million bolivars on Friday.

Resolution N ° 009.18, dated February 9, established the regulations that allow increasing these limits around financing for credit cards, the maximum limit is the equivalent to one hundred and twenty thousand tax units (120,000 UT) , Panorama reviewed.

Banking institutions will determine the limit to approve each client regardless of the number of cards held by the bank.

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