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Fx Issues Please Come In. .. - Business - Nairaland

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Fx Issues Please Come In. .. by TakeMeTop: 2:03pm On Dec 10, 2018
Hello guys, please I want someone with good knowledge of Fx to help me with this.

A family member living in the US, recently asked to to open dorm account so that he can wire money into it, for some family business.


Long story short, right now there is about 5000 USD dollars in my dorm account.

Problem is this


How can I convert it to naira at the rate of 360 and above?


Should I meet with aboki/ mallam exchangers, I heard they will buy it lower than the 360 naira exchange rate?


Sorry for my ignorance as this is the first time.


No insults please. ...


Thanks
Re: Fx Issues Please Come In. .. by sholatech(m): 2:33pm On Dec 10, 2018
Very simple. Withdraw the money physically in the bank and then get aboki to buy from u at the street black market rate.
Re: Fx Issues Please Come In. .. by TakeMeTop: 2:56pm On Dec 10, 2018
sholatech:
Very simple. Withdraw the money physically in the bank and then get aboki to buy from u at the street black market rate.


Thanks, I am grateful.


Must the cash be withdrawn physically can't i do transfer ( USD) for the aboki?


Thanks again.

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