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Personal And Business Travel Allowance (PTA/BTA). by naijabanking(m): 6:21pm On May 27, 2017 |
This is allowable travel allowance by Central Bank of Nigeria to any Nigerian traveling on vacation or business outside the country. US$4000 is allowed on a quarterly basis for Personal Travel Allowance while US$5000 is allowed on a quarterly basis for Business Travel Allowance. With the increase in the existing limit on Naira Debit and Credit cards (MasterCard and Visa) usage from $40,000 to $150,000 per annum subject to monthly returns to CBN. Customers who wish to access PTA/BTA must not have Naira Debit / Credit (MasterCard and VISA). To view Requirements to apply for both PTA and BTA. |
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