GTBank freezes FX transfers until further notice

Attempts to transfer funds from the GTBank Domiciliary (DOM) account to the Debit Card on April 5, 2020 were unsuccessful. At first GTBank did not give clear reasons because funds were available in the account. The error message read:

"We are unable to effect this transfer either due to insufficient funds Or transaction will breach regulatory limits. Available fund for transfer is 0."

Another attempt was made on April 6, 2020 and this time the error message was more detailed. The error message read:

"Available fund for transfer is:0 We regret that foreign exchange deposited as cash can only be withdrawn as cash. We regret that we are unable to process FX cash transfers (inclusive to cards) till further notice. We apologize for all inconveniences." 

Covid-19 is really affecting almost all business transactions including online businesses.