datigbogirl:


I exchanged $200

djunit1:
if anyone wants $$ in the US I can help with exchange and you pay me in Naira(GTB account)..... $1=N220.....

makzeze:
mavinc4u, david22uu, Will stopping funding of the Bureau De Change (BDCs) by CBN make the Naira depreciate in the parallel market?

djunit1:
if anyone wants $$ in the US I can help with exchange and you pay me in Naira(GTB account)..... $1=N220.....

david22uu:

not at all, immediately the cbn does this without making any adequate plans especially not for the banks to sale (they are the most corrupt) the dollar @ d parallel market will double while the dollar the interpank will appreciate

tkeod12:
@ discount exchange bureau sent change... $1 =199.25

homebase:


But i called a black market operator (ikeja) and he said $1 = #220.

Because i also have an inflow i want to sell via internet banking but i am in Ijebu Ode.

Beside i have issue with Gtbank not releasing the money over counter except through internet banking.

homebase:


But i called a black market operator (ikeja) and he said $1 = #220.

Because i also have an inflow i want to sell via internet banking but i am in Ijebu Ode.

Beside i have issue with Gtbank not releasing the money over counter except through internet banking.

coderXO:


If your inflow is from overseas you can collect it cash.

homebase:
Many of nairaland threads were i am asking are saying the same thing GTbank is telling me.

That i can't collect foreign inflow in cash via counter, that it is a new CBN policy.

That you can only collect cash only when you deposit cash.

Another guy opened a thread on nairaland business section facing similar challenge with GTbank.

On a serious note, this CBN governor is confused. Because just last August all
Nigerian banks told member of the public that they won't be receiving foreign currencies
as deposit into dom accounts again saying they are acting on the CBN directive.
day the same CBN is saying you can only withdraw foreign currencies cash from
your dom account only if it was cash deposited.

Confusion banking regime.

homebase:
Many of nairaland threads were i am asking are saying the same thing GTbank is telling me.

That i can't collect foreign inflow in cash via counter, that it is a new CBN policy.

That you can only collect cash only when you deposit cash.

Another guy opened a thread on nairaland business section facing similar challenge with GTbank.

On a serious note, this CBN governor is confused. Because just last August all
Nigerian banks told member of the public that they won't be receiving foreign currencies
as deposit into dom accounts again saying they are acting on the CBN directive.

But today the same CBN is saying you can only withdraw foreign currencies cash from
your dom account only if it was cash deposited.

Confusion banking regime.

larez:
Okay, still a little confused about these Policies. I have about 14,000 Euro available for sale in my Domiciliary account with GTB. These are foreign inflows. How do I transfer to a potential buyer in Euro?

larez:
Okay, still a little confused about these Policies. I have about 14,000 Euro available for sale in my Domiciliary account with GTB. These are foreign inflows. How do I transfer to a potential buyer in Euro?

larez:
Okay, still a little confused about these Policies. I have about 14,000 Euro available for sale in my Domiciliary account with GTB. These are foreign inflows. How do I transfer to a potential buyer in Euro?

bigmodo:
How can i send dollar to my supplier in india from nigeria?

egoldman:
For those of us that might be interested in the daily rate of the Naira against the Dollar , i feel it would be a good thing to have anyone with information both from the official bank rates and the black market to post the rates here .
Thanks for the info.
The last rate i was told few days ago with regard to the black market was $1- 128 Naira, does anyone know today's rate , both from the official bank rates and the black market ?

See Also: Pound Euro