The Central Bank of Nigeria in an effort to increase access to foreign currency liberalized the foreign exchange market. As a bank we have set up our own Bureau de Change (BDC) to cater for the foreign exchange needs of our customers.

BDC Detail

Sale of PTA (Personal Travel Allowance) to individuals requires the following:
•International Passport (with Visa)
•Air Ticket (Return Ticket)
•Sales can be made to account holders and non account holders.

Sale of BTA (Business Travel Allowance) to business entities requires the following:
•A letter of request/nomination from the corporate body.
•International passport (with visa)
•Air ticket (Return Ticket)
•Sales can only be made to account holders.

Benefits:
•Sales of BTA/PTA in USD, GBP and Euro (depending on the choice of the customer, foreign cash or TC is available in USD, GBP & Euro).
•Foreign cash vending services
•Mortgage Repayment
•Payment of school fees abroad
•Payment of medical fees.
•Utility bills
•Life insurance premium payment, etc.

FAQS:
Q: Can one purchase different currencies at the same time?
A: Yes, provided it is within approved limits.
Q: Can I make payment for a mortgage obtained abroad?
A: Yes, upon submission of all relevant documents.