DIRECT MAIL FROM UBA

Further to the Central Bank of Nigeria’s recent directive on the sale of foreign exchange for PTA and school fees, the following guidelines shall apply at all our Business Offices:



Personal Travel Allowance (PTA):

· Applicants must be at least 18years old and a holder of a Nigerian passport

· Applicants must hold a UBA account with verifiable Bank Verification Number (BVN)

· PTA shall only apply to journeys of minimum 5 hours flight time and the flight must originate from Nigeria

· Travel date must not be more than 14 days from the date of purchase of PTA

· Applicants shall be entitled to $4, 000 per quarter



School Fees:

· Remittances will be made directly to the school’s account

· Requests will be for a maximum of $15, 000 or its equivalent per term/semester

· Only recognised parents/guardians can apply

· Applicants must present verifiable BVN in addition to the following:

a. Duly completed Form “A”

b. Admission letter

c. Invoice from school


We have made our foreign currency debit and prepaid cards available to help secure your foreign exchange. Get one instantly today.

This is part of what salvage the free falling Naira..... #RightStepInTheRightDirection#