A:Yes. The local regulations state that the personal travel allowance for foreign exchange is a maximum of $4000 quarterly. Q: What are the requirements for buying foreign exchange? A:You will need:
A: It is not necessary to have a bank account. Q: In what denominations do you pay? A: Cash in denominations of N100 and above is an acceptable payment method. Q: Can I send someone to buy Foreign exchange for me? A: No. Sales will not be carried out by proxy Q: What is your exchange rate? A: We use the prevailing CBN rate.
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Frequently Asked Questions