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CBN’s Suspension Of FX Supply To BDCS Boosts Banks’ Income - Business (3) - Nairaland

Nairaland Forum / Nairaland / General / Business / CBN’s Suspension Of FX Supply To BDCS Boosts Banks’ Income (12524 Views)

CBN formalises dollar sales to BDCs as naira improves / CBN announces unification of FX windows, stops Naira4Dollar scheme / Naira Falls After CBN Stops Forex Sales To BDCs (2) (3) (4)

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Re: CBN’s Suspension Of FX Supply To BDCS Boosts Banks’ Income by charlsecy(m): 5:51pm On Nov 09, 2021
Penguin2:
From begging people to open an account with them sometimes around 2007 to acquiring Intercontinental Bank to Merging with Diamond Bank.
I thought it was an acquisition.

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Penguin2:
But GTBANK seems to be fast with processing forex demand
How fast? Do they do direct FX transfers to international beneficiaries from domiciliary accounts. If yes, do you know the monthly limits? How about form Q?
Re: CBN’s Suspension Of FX Supply To BDCS Boosts Banks’ Income by Penguin2: 6:20pm On Nov 09, 2021
charlsecy:
I thought it was an acquisition.

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How fast? Do they do direct FX transfers to international beneficiaries from domiciliary accounts. If yes, do you know the monthly limits? How about form Q?

To answer your first question, no, Access bank did not acquire Diamond bank. They merged. That’s why they had to accommodate Diamond Bank logo in their redesigned logo.

About your second question, I can only talk about their over the counter dispensation of dollar.

For more clarity on other questions you asked, you might wanna visit any branch closest to you to get more details.

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