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Please Help On Foreign Cheque - Business - Nairaland

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OPINIONS: Ban On Foreign Currencies In Nigerian Market - It's Advantages / Can One Cash An Overseas Cheque in Nigeria? / Is It Possible To Cash A Foreign Cheque Here In Nigeria? (2) (3) (4)

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Please Help On Foreign Cheque by tossyn019: 12:43am On Apr 02, 2012
Please nairalanders,i need help on how to clear foreign cheques in Nigerian banks
Thanks
Re: Please Help On Foreign Cheque by arbitrage: 12:23pm On Apr 02, 2012
Very simple, go and deposit it at your bank but if you don't have DOM account to receive the clearing, then the bank will clear and give you naira equivalent at their own rate.
Re: Please Help On Foreign Cheque by arbitrage: 12:25pm On Apr 02, 2012
When I said give you naira equivalent, I do not mean give you cash by hand but rather paying the naira into your naira account. By the way, was the cheque issued in your name? Just want to know if I can help.

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