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Are Domiciliary Accounts Now The Only Types To Receive International Funds? - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Are Domiciliary Accounts Now The Only Types To Receive International Funds? (201 Views)

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Are Domiciliary Accounts Now The Only Types To Receive International Funds? by Grimdark(m): 10:46am On Jan 29, 2021
In line with CBN's new policy that allows banks to pay customers directly with the foreign currency they received the money on, I was wondering if this only applies to domiciliary accounts?

Direct international transfers used to work on non-domiciliary accounts. Has anyone received funds (via International wire transfer) to an account that is not a domiciliary one?
Re: Are Domiciliary Accounts Now The Only Types To Receive International Funds? by olaric(m): 11:13am On Jan 29, 2021
For now, you can only receive international transfer including WU via domiciliary account.

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