Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,152,448 members, 7,816,039 topics. Date: Friday, 03 May 2024 at 12:22 AM |
Nairaland Forum / Nairaland / General / Politics / CBN Discontinues Payment Of BTA/PTA In Cash (25260 Views)
#RevolutionNow: FG Discontinues Treasonable Felony Trial Against Sowore, Bakare / FG Discontinues Funding Of Professional Bodies, Councils / Pension: The Federal Government Discontinues Payment Of Death Benefits (2) (3) (4)
(1) (2) (3) (4) (5) (Reply) (Go Down)
Re: CBN Discontinues Payment Of BTA/PTA In Cash by surgical: 7:09am On Feb 16 |
EponObi:you lack capacity to process information for you to know that, that is not what will solve Nigeria problem, rather it will compound it. |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by ambale(m): 7:17am On Feb 16 |
Didijiji: I just tire for this one ooo, everyday new policy and yet not yielding any positive result |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by Kingzy4pep(m): 7:29am On Feb 16 |
This has been discontinued by most banks since 2022. The PTA I got in 2022 was funded on my card and can only be used when you arrive at your destination country. CBN is just a shadow of itself because it seems the commercial banks take more proactive steps. |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by femicyrus(m): 7:46am On Feb 16 |
Finesse247:When will IMF persuade America to devalue $? Why always Naira? |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by DryMouth: 8:25am On Feb 16 |
EponObi:You are just senseless. How many nations allow banks to determine their exchange rates? You are one of those senseless tinubu supporters who prefers to die than to accept they voted a very useless candidate |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by riches4me(m): 8:26am On Feb 16 |
They know what to do, but they just don't want to hurt themselves. Selfish b**tards! |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by victorsola: 8:26am On Feb 16 |
gaby:do you read the article. Olodo forming economist . The card is not to be used locally , and you are not even getting cash out of it . And with this policies am sure you know you greedy Nigerians will not want anything to work since you are all milking the country, nobody cares so far they see people suffer |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by EponObi: 9:47am On Feb 16 |
DryMouth: This mumu hen came back sha. Like I said, go find folks on your wavelength to argue your kindergarten economics. The problem with people like you is you don't know shit about how global economics works but always have an opinion. With everything Cardoso has been doing, if you still think he's trying to peg the exchange rate, you are a lost cause. You are irredeemable. Again, you don't know shit but want to have an opinion. |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by gaby(m): 11:36am On Feb 16 |
victorsola: People wey dey use electronic payments dey talk mumu wey no know how e dey work dey cook mouth. How quickly are your local banks to resolve local electronic transfer issues? Now, marry and export such ineptitude and inefficiency to transactions made in foreign currencies electronically. Senseless dings. One way traffic. |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by victorsola: 11:49am On Feb 16 |
gaby:dude , this is not working like your usual atm. Because you are dogmatic to a certain idea doesn’t mean that’s how every kind of operation should work . Now let take time to school you at least for the benefit of people wey still get your kind of brain . The reason Cbn is doing this is to make sure who ever bid for foreign currency gets it without the bank hoarding for them selfs at the right time . Initially people will bid and before the money gets to the bank the customer would have gone to black market to sort themselves . By this doing when the money eventually comes out the bank will hoard the money and not give to the person that requested it and they will use it to do thier own illegal business. But with this card thing the cbn is the one to be making the payment directly through a new system in the sector , off course their are other documentations with it but when u get the card , you take it to your school and they activate it the Cbn gets it and make the payment . It’s not like you will get to your school and u collect cash . There is no cash transaction at any point in the process. The wount be working majorly with commercial banks , they can use options like flypay and points like it. It’s very simple. I use flypay all the time and it reflects in seconds. |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by DryMouth: 12:28pm On Feb 16 |
EponObi:You are too dull to speak on an issue like this. You supported hence the reason you're supporting this rubbish policies flying up and down |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by Midex88(m): 2:02pm On Feb 16 |
Finesse247: na so dem be. online wereys |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by Finesse247: 2:29pm On Feb 16 |
femicyrus: I wonder |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by EponObi: 4:37pm On Feb 16 |
DryMouth: Frustrated ipob fowl. Get out of my mention joor. 4x4 shop renter in Lagos claiming economy expert. 😂 |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by DryMouth: 6:49pm On Feb 16 |
EponObi:Thank God I'm not as dull as you. Pornhub has finished your brain |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by adebwalex(m): 3:47pm On Feb 17 |
HBB1: Despite the policies the dollars keep Rising. Why if you want to but from them they give you high price. All this new policies by the CBN federal government still not working. It disavantage is higher than the advantages |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by HBB1(m): 10:52pm On Feb 17 |
adebwalex: In what Country in the world do you see people selling Forex like Gala? |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by Konquest: 3:43am On Feb 18 |
emkz: |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by Konquest: 3:43am On Feb 18 |
emkz:If anyone is travelling, he must approach a bank to get BTA and he must be receipted. At the airport, he must present the receipt to customs and evidence of the cash. If he doesn't have the cash, he must be arrested, tried and jailed. Wicked people use travellers to buy BTA at government rates and resell to the black market. If this practice is not functional, give them pre-loaded debit cards by going into partnership with companies like Travelex and Transferwise or Revolut or Remitly and pay them directly so that beneficiaries can collect their cash when they get to the countries of destination. ~~~~~~~~~~~ Impressive. ~~~~~~~~~~~ |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by adebwalex(m): 9:43am On Feb 18 |
HBB1: Tell your CBN to make it availble at the bank when needed so that people will have no choice visiting the Abokis. My brother needed PTA urgently non of the bank could make it available without going long process. He has no option than to but from the Abökis in high rate. For people not to sell Forex like gala tell your government to make it available to the bank snd stop sitting and typing out of point because you don know how it feel when you needed for urgently. |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by KarlTom: 10:01am On Mar 14 |
Ding! |
Re: CBN Discontinues Payment Of BTA/PTA In Cash by drlateef: 10:31am On Mar 14 |
VeryWickedMan:i Stop giving fake information. Naira has been appreciating for the past 2-3 weeks. It remained stable in last one week. |
EFCC Targets 750 New Employment, Moves To Investigate Diezani / Court Grants Diezani’s Prayer, Strikes Out Fraud Charge Having Her Name / Buhari: Saraki, Dogara Under Fire Over Impeachment Threat
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 39 |