Because of the impressive and impeccable records of E-Gold Ltd over the
years, they have now been licensed to allow their account holders operate
ATM Debit cards which gives them 24 hour access to their funds
anywhere they are in the world. These cards are called ATM Gold Cards.
There are different versions of the ATM Gold Cards - MasterCard version,
Cirrus/Maestro version etc. You can obtain a Cirrus Maestro ATM Gold Card
(or a MasterCard ATM Gold Card) and use it to make withdrawals from any of
the numerous ATM machines in Nigeria. Both companies (i.e. Cirrus Maestro
Cards Inc. and MasterCard Inc.) now have bilateral agreements with banks like
UBA,ZENITH, and ECOBANK. I believe, with the ongoing consolidation of
banks, more mega bank will join this network. Now, with this agreement in
place, you can obtain any of the ATM Gold Cards from
http://www.bluebanking.com for about $10.00! You can upload money directly
from your e-gold account onto the card and withdraw it from any of the
designated ATM machines in the world. The number of ATM machines for
these companies in Nigeria today is increasing by the day and you can get
more information on this from the above listed banks.
The only snag with this Card thing is that the ATM machines won't pay
you in dollars. Instead, they read the amount of dollars that is loaded in
your card and then convert it to the local currency of wherever you are. For
instance, you will be paid in Naira if you use your card in Nigeria and if you
take the same card to Ghana, the ATMs there will pay you in Cedis! You can
load your card from your e-gold account through the several options you will
be given when you order the card. Loading the card usually takes less than 10
minutes! And you do it yourself! I am aware that some big hotels and resorts
in Nigeria have such ATM machines; EKO Hotel, Transcorp Hilton, and
Silverbird Cinema are just a few of them.
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