FX  Products

Features & Benefits

• Maximum of $10,000 cash deposits daily.
• Transfer amount $50,000
• Transfer charge of 0.5%
• Reduced swift charge of $20 weekly (customer saves $80)
• Reduced offshore charge of $25 weekly (customer saves $100)
• Convenient Foreign Funds Transfer self-service on Access online and Primuslite
• Customers can pay handling charges in Naira at Interbank rate
• Cost effective transactions (Customer saves a minimum of $180 per transaction)

Form Q was introduced by the CBN to improve retail business access to FX by providing ($20,000) quarterly for import payments at zero handling charges.

Requirements

• A completed Form Q
• Proforma Invoice
• Bank Verification Number (BVN)
• Bid request
• Transfer instruction