Another move by a local commercial bank, to deal with U.S. currency limits.

Weeks ago scotia bank told its customers of a reduced us spending limit on its visa debit card

Now, Scotia bank has stopped all overseas purchases and withdrawals on that card, while also announcing plans to lower the us-dollar spending cap on its credit cards.

Effective December 1st, Scotia bank customers with personal credit cards, with the exception of the Aero Master Card Black, will face a reduced maximum limit of US$2,000.

And Scotia bank T&T has attributed its decision to “foreign exchange considerations” here at home.