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Questions About International Transfer - Business - Nairaland

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Questions About International Transfer by sharpwriter(m): 9:03pm On Oct 04, 2018
People in the house; please is it possible to receive $50,000, $100, 000 or more into your account in Nigeria? If yes, how (what is the process)?
I am aware that the limit for Western union or Moneygram that can be received per day is $5000 to $10,000
I am also aware that one may not receive more than $10,000 in his or her domiciliary account or else the account will be charged and taxed by CBN (is that true?)
If one wants to receive high amounts in US dollars like $200,000 from international contract and transfer, what is the way around it?
If CBN policy holds, how then do all these G-Boys get money to land big cars and spend endlessly? Do they receive their money bit by bit through Western Union? Or they used another means.
I asked because it looks ridiculous to receive money that could have been received at once bit by bit. Please, what is the way around this?
I would like experienced and knowledgeable people to attend to these questions one after the other with good explanation please.
Thank you.
Re: Questions About International Transfer by Springsdy456958(m): 9:16pm On Oct 04, 2018
How much is the money you're expecting to receive... And from which country
Re: Questions About International Transfer by sharpwriter(m): 4:05am On Oct 05, 2018
Springsdy456958:
How much is the money you're expecting to receive... And from which country

The country is random... can be from anywhere. Right now I'm not expecting any money. I asked because of future projection. That is, what if? The figures up there might help.

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