04/01/ · Nigerian banks are the ultimate currency black market traders in the way they charge users of their Visa and blogger.com the Central Bank sells forex to the banks at N to a dollar and N to the British pound sterling, charges by the banks GTB, others charge black market rate for forex transactions REVISED SERVICE CHARGES ON FOREIGN EXCHANGE TRANSACTIONS W.E.F. 1ST OCTOBER SR. EXPORTS: TYPE OF TRANSACTION EXISTING CHARGES EXISTING INSTRUCTIONS REVISED CHARGES REVISED INSTRUCTIONS 1 For each Foreign Currency and Rupee Bill Purchased/ Discounted/ Negotiated/Collection/Bills under PCFC/ EBRD & Export documents forwarded to other All Charges are excluding GST / Service Tax Page 4 SERVICE CHARGES (Excluding Credit / FOREX related transactions) PART I – GENERAL OPERATIONS Sr No. Particulars 1 Collection of Outstation Cheques - Outward / Inward Upto Rs.5,/- Rs/- Above Rs.5,/- upto Rs,/- Rs/- Above Rs,/- upto Rs.1,00,/- Rs/-
GTB, others charge black market rate for forex transactions
Nigerian banks are the ultimate currency black market traders in the way they charge users of their Visa and Mastercard. While the Central Bank sells forex to the banks at N to a dollar and N One customer of GTB Plc, did a transaction a few days ago for 1. The account holder was debited N By the official rate, the bank should have charged N Even if we allow a margin of 20 per cent profit to the bank, the bank should not have charged more than N The black market rate is at the moment Service charges on forex transactions gtb to a pound.
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FILE PHOTO: President Muhammadu Buhari of Nigeria and Jacob Zuma of South Africa at the AU Summit South Service charges on forex transactions gtb has expressed concern over NSE moves The Nigerian Stock Exchange NSE on Thursday moved The tr Company procuresprepaid metres for customers.
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How to get cheapest transfer charges on GTbank app (N10 for any amount)
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05/01/ · GTB, others charge black market rate for forex transactions. On Jan 5, 0. Share REVISED SERVICE CHARGES ON FOREIGN EXCHANGE TRANSACTIONS W.E.F. 1ST OCTOBER SR. EXPORTS: TYPE OF TRANSACTION EXISTING CHARGES EXISTING INSTRUCTIONS REVISED CHARGES REVISED INSTRUCTIONS 1 For each Foreign Currency and Rupee Bill Purchased/ Discounted/ Negotiated/Collection/Bills under PCFC/ EBRD & Export documents 05/01/ · GTB, others charge black market rate for forex transactions. On Jan 5, 0. Share
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