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Nairaland Forum / Nairaland / General / Business / CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals (46560 Views)
CBN Lifts Ban On Cryptocurrency Transactions / CBN Lifts Ban On BDCs, Introduces New Operational Mechanism / CBN Okays Withdrawals Of Dollars From Domiciliary Accounts (2) (3) (4)
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Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by Ofunaofu: 9:23pm On Jun 18, 2023 |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by blueghost(m): 9:23pm On Jun 18, 2023 |
He always make the moves in the night. No wonder he's a BAT 16 Likes |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by Starships4u(m): 9:23pm On Jun 18, 2023 |
This thing was so rude a decision initially.... 1 Like 1 Share |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by KingOfIsoko1: 9:24pm On Jun 18, 2023 |
Someone care to explain how this is good news 4 Likes 1 Share |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by Biola67: 9:24pm On Jun 18, 2023 |
Igwe9:Cry harder. Wailer 15 Likes |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by NinjaMetahuman: 9:24pm On Jun 18, 2023 |
Like the restriction was absolute madness before. Restrictions on domiciliary account is another reason why that oloriburuku emefiele needs to go to prison for what he did to the economy. Bloody vulture looking saboteur. 13 Likes |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by hamedollar(m): 9:24pm On Jun 18, 2023 |
slawomir:It's nice to you, I thought you are not expecting any good things from tinubu 16 Likes |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by grandstar(m): 9:25pm On Jun 18, 2023 |
Thank God for these further liberalizations. It was a shithole under Emefiele Imagine! 9 Likes |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by morikee: 9:26pm On Jun 18, 2023 |
Next reactivation of Naira Denominated Cards for International translations 11 Likes |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by sainsburry: 9:26pm On Jun 18, 2023 |
hor=Britishcoins post=123884345]It is of no use again.... [/quote] Dey Play |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by davades(m): 9:26pm On Jun 18, 2023 |
Good for us 1 Like |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by Achobaisiochu: 9:27pm On Jun 18, 2023 |
Buhari did all these, still it didn't work. |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by Igwe9(m): 9:27pm On Jun 18, 2023 |
Biola67:Tell that to your out of school children 2 Likes 1 Share |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by toluxe0075: 9:28pm On Jun 18, 2023 |
The koko now is for naira card to start working for international transaction. Chikena 13 Likes 4 Shares |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by jrusky(m): 9:29pm On Jun 18, 2023 |
Donjazet2: Provide evidence to back your claim? I'm a pdp infact I voted for pdp but since May 29 I stand with Tinubu and I'm not regretting it so na you come give me money to stand with Tinubu ba? 21 Likes 1 Share |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by Menclothing: 9:31pm On Jun 18, 2023 |
We all want a vibrant and more robust economy 1 Like |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by Nobody: 9:31pm On Jun 18, 2023 |
Eagle360: It portends well for Nigerians who own foreign currency (domiciliary) accounts. The bottlenecks of limited amounts you can do for international transactions, have largely been removed for the lower and medium class citizens. Next thing is for the CBN to authorise the use of our ATM cards for international transactions, instead of going to a banking hall everytime you need to do one. 9 Likes 2 Shares |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by Heffalump(m): 9:32pm On Jun 18, 2023 |
Donjazet2: You are very correct. The massive attacks confirmed it all. They they're not ordinary people. It's regrettable to think that our attention will shift from getting Nigeria working again through legitimate Electoral system. We'll continue to Choke them until the right thing is done. 4 Likes 2 Shares |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by Yampotatocarrot(m): 9:32pm On Jun 18, 2023 |
ICEWIN:Is any bank card currently working for international transactions? Make e work first before we begin talk about increasing limit 3 Likes |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by Didijiji: 9:32pm On Jun 18, 2023 |
All of you saying Naira should work for international transaction should note that much won’t change You will still buy dollar at prevailing market rate. Almost same as the current virtual card rate 1 Like 1 Share |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by Dialpad: 9:32pm On Jun 18, 2023 |
Allow Nigerians spend dollars on their Naira cards 4 Likes 1 Share |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by yesloaded: 9:33pm On Jun 18, 2023 |
Let there be proper monitoring so that commercial bank will not sabotage this policy thereby makes things more difficult than before 6 Likes |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by Earthquakes: 9:34pm On Jun 18, 2023 |
drizzit: Exactly what we need, why can't I pay for udemy course or pay WES with my dollar card, annoying 1 Like |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by MrMcJay(m): 9:34pm On Jun 18, 2023 |
Igwe9: This is majorly for Dorm account holders. Previously, if you deposit cash into your Dorm account, you won't be allowed to transfer it out except if your inflow was a transfer also. I guess what this directive says now is that you can transfer cash deposits. 8 Likes |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by Nobody: 9:34pm On Jun 18, 2023 |
Nazgul: This is a colossal lie. If you ever need to do a withdrawal up to the stated amount, go to the capital city of the state you're in and head to the major bank branch. It might take a bit of time cause of bank queues, but you'll get $10K without being a politician. I've done it a decent number of times before, when I was executing a building project for a client. You cannot need that kind of amount and walk into just about any First bank branch (for instance), and expect them to have the dollars lying in the vault for you. Even with the naira, there's a limit to how much unit branches are supplied from the headquarters. Let's be objective when we're analysing these things please. 22 Likes 3 Shares |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by airsaylongcome: 9:34pm On Jun 18, 2023 |
Donjazet2: Are you getting notifications of the reports? Also note that they are mostly bot accounts coordinated by their head office. |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by MrMcJay(m): 9:37pm On Jun 18, 2023 |
Nazgul: Tell them you want to close your dorm account and hear what they will tell you. 3 Likes |
Re: CBN Lifts Restriction On Domiciliary Accounts, Allows $10k Withdrawals by teacherbim(f): 9:38pm On Jun 18, 2023 |
Donjazet2: Tinubu has built a house in your brain sha no run m.d oo 12 Likes 2 Shares |
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