₦airaland Forum

tonytony208:
good morning sir. Pls, i sent you an email since yesterday morning dat i want to sell paypal from freelancer.com. But i haven't gotten any response from you since then. Pls sir, i hope all is ok at your end.

I saw your PayPal fund from Freelancer last night and I have paid your money. Please confirm.

IVORY2009:
[color=#FF6600] Its misleading, yes ofcourse it is, central bank of Nigeria, the apex bank, that controls all commercial bank in Nigeria fixed it price @ 168:00 to $1:00, and you claim to have bought below it @ 163:36$ to $1:00 using some card, and you and I know that banks are out there to make profit, does that make sense? Any reasonable person will not believe you, even if you claim to be using quick tellar, or can you prove it?


As for paypal, that is okay, its possible.... Cbn does not control pp, u transfer to ur us bank ac, den back to ur dom, thats correct.[/color]

I thought it is an information that is not tested or tried that can be misleading. I am talking of something I tried. I am not doing it for people but just sharing what I experienced. Let me know your acceptable proof method so that I can send it.

EUGENE4GOO:
Which PayPal are you using? Is it Nigeria or Us PayPal? For the quickteller platform, which card are you using? All my transactons with quickteller they used debit card. Do they accept prepaid card?

USA PayPal as Nigerian PayPal cannot receive. Visit quickteller.com for all their types of acceptable cards but they are normal naira cards.

N215 per dollar offer.

IVORY2009:
[color=#FF6600]lolz is this a joke? When official cbn price is $168:00 to a dollar, pls stop misleading people! [/color]

I guess the rate CBN gives it to banks and BDC may be less than the official market rate they are "expected" to sell it to us (instead of the extra mark up rate the banks are selling to us using their cards online). May be, not sure of the reason but that was what I got last week Friday. If that is misleading, what of me that is still getting dollars till today at N150/N155 through Paypal route? That means you won't believe me too.

EUGENE4GOO:
#162.36 last week really

Yeah, that was what I got last week Friday when I tested it with N190 and it gave me $1.17 in dom, which is about N162.39 rate.

redvektor:
boss can u help us with a detail explanation

Detailed explanation and requirements are on each site if you visit them.

N199.49 to $1 by using Union card online. But last week I got N162.36 to $1 when I tested to see if Quick teller platform was still working.

N199.49

coderXO:
Anybody been able to get USD from the bank? 2 days straight I've not been able to withdraw with claims "they don't have."

GTB is the bank in question.

Is it for the bank to sell to you or you mean the one you kept in your domiciliary account? Is it acceptable for you to save dollar into your Dom and then the bank gives excuse of unavailability? I thought they must look for by all means since it is your saved money you are withdrawing and not purchasing with naira by CBN form A or trying to get BTA/PTA.

Hope you are aware you can now withdraw your Payoneer fund directly into your Nigerian bank account.

turkish:
Sorry folks, the jamboree ended a long time ago.
I work in the epayments space and the minute we noticed this trend a few months back, some proactive banks tweaked their systems to stop cross currency flows across the switch.

The only cross currency flows allowed are using your NGN cards to transact offshore.

it was an oversight on the part of the banks and Interswitch (quicktellers owners).

while it lasted it even exposed them to possible regulatory sanction.

Cheers.

Surprisingly, I tried it with a little amount last week and it worked, giving dollar at the rate of N162.36 per dollar. But I am not sure if withdrawal would be allowed anyway as they are yet to reverse/refund some of the dollars/pounds they promised to revert to naira card source last year after the domiciliary account restriction.

Sorry I didn't know this thread is still alive. I guess moderators moved it to this section, which I didn't know.

There are survey sites to make money from but they are not easy for Nigerians as you said. Try Vivatic, Vindale and InboxPounds all of them dot com.

Try visiting hoyoyo.com for Japan and Korea.

You don't have to wait till your bank sends the statement before you log onto your internet banking to confirm how much was debited to the card you used. Alternatively, call your customer service centre to give you the transaction information on the card.

This is one of the earliest formats of ecurrencies' scams in the days of egold. May God forgive this poster who is still peddling this kind of lifestyle.

Moderators and their bans have not allowed me to reply since. I opened a thread last year when Access started the transfer between Nigeria and Ghana. I remember that non customers were accepted to use the service. Contact Access Bank to find out.

Which card did you put?

johnzon:
Thank you @bedfordng and @iykepromotions

I have been with them for years and yet they still want to know who I am? I find that to be strange.

I will try and see the manager as you advised and if they are not willing to work with me, it's their problem. I will just move to another bank.

If you take note of a notice posted in each banking hall, you will see that they stated that they are under obligation to report to Financial Authority, FCUA, any transfer to or from individual account of $10,000 and above or equivalent currency also or a higher amount for corporate account, all because of money laundering act. So, receiving $10k regularly into a personal account is what makes them to querry you as demanded by money laundering act. If you cannot open a business account for this regular big amount you are receiving from abroad, it is then required that you will show proof of where the money is coming from or why you are being paid such.

When Zenith bank asked me for such in 2011/12 for just £3000+, I had to ask them to reject the fund and then I received it into my Union Dom account without query. GT bank is still having my Payza withdrawal with them for a month now not because of paper proof but as they claimed the money arrived in Euro and they cannot credit it to my dollar account. So they asked me to apply for euro account separately, which is taking them ages to open now and without feedback or apology. When I was sending out through Access, $10k was the allowed limit per day but Union bank would rather advise me to do it as $9,500 to avoid their paperwork requirements. May be your sender should adopt that or always prepare you invoice for what he is paying you for regularly.

You don't need to hide your IP or buy ebook. Just go to paypal.com and open your PayPal account since Nigeria is now accepted since last year.

At what buy and sell rate?

From China, try Aliexpress, DHGate and Alibaba, etc.
From USA, try TechForLess

I used my card last night and Union Bank gave me N199.62 per dollar for the payment.

I used my card last night and Union Bank gave me N199.62 per dollar for the payment.

Update on withdrawing Payoneer to Nigerian bank account.

ps3o:
there are three main guaranteed partners:

1. green dot MoneyPak
N.B: *Green Dot Purchase Fee: $4.95

2. My Cash My PayPal Send cash to your PayPal account.
N.B: *PayPal My Cash Purchase Fee: $3.95

3. MoneyGram
N.B: *Moneygram Fee: $4.95 for up to $200; $5.95 for over $200

They are certified by PayPal. Check them out!

They are for US persons with SSN or TIN.

Union Bank just charged my visa card now at N190.65 per dollar for Qatar flight.