₦airaland Forum

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Emexnairaland:
I did my documents certification on the public holiday that was held last time and some students also came for their interview that same day at German embassy. So prepare for your interview and ignore those public holidays, is not for German.

God Bless you, please every other person having two appointment date precisely 12th and 13 August try and go on 12th oh. Thank you all as we continue our DE Journey lets all try to be our brother's keeper

SSamuelo:
I also got two appointment date 12 and 13 what are we going to do about it.

just as advised lets go on the 12th, then if it doesnt hold we come back on the 13th

jide4lagos:
Na una way dey wan go free school no allow us way wan pay tution get AD. I hope they could just differentiate us. So so angry.

Bro. All fingers are not equal, you have to be grateful for having money for the tuition and not to make this kind of comment. Hopefully you will get a date, and i wish you well in your DE journey

Kratos14:
My advice, go on the 12th, if ur interview no hold go on the 13th again. If pple tell u 13th n ur interview na 12th ko. Be on a safer side. D extra day hotel money na nothing. If i av AD lik u. I wil not even wori

Thanks, yours will come

Mudi4u:
Please you don't need to hold any meeting, Embassies rarely observe full scale no work public holidays. If it's a Christian public holiday for instance, Christians working at the embassy still go to work but do close earlier. They know what they are doing by giving you an appointment on these dates, prepare for your interview... You will be fine

I guess you didnt get the post right. I have two(2) appointment date (12th August and 13th August) with just one(1) booking and i believe there are people in my shoe

Those who have two(2) AD scheduled on 12th August(Public holiday) and 13th August(Public holiday) identify yourself lets have a meeting. it is really confusing having two(2) Appointment date on Public holidays

lovable85:
Let me book my AM space
May we all testify in this part 7
It ll all end in praise

Amen and Amen. I claim it

I shall testify in Part 7 by God's Grace

Kboy2020:
Obinnafracis and x36DD. Back to my question, my program is MSC English course ,and have not being applied for student Visa bfor,am using SL did not hide anything FM the vo,my interview transcript's is the normal question we have on the thread. Need a respond FM u guy's pls.

You need to give a detailed breakdown of what happened prior and after your interview, stating your transcript (VO and your response), the year you graduated , your work experience, the genuity of your SL, and the VO's final response during your interview. These will enable us know how to help you

evergreen9:
Hey guys, I read about something called FORM A in GTB and that with this you don't need a dorm account to fund your blocked account. Has anyone used this FORM A for funding?

please runaway from form A, my one dollar advice

Tamax:
Good evening to you all, please my sponsor intend to use bank transfer from here to fund my block account, which of the bank can you advise to use for this as regard the CBN form A stuff for normal CBN exchange rate that I won't regret over since he is not interested in opening an Euro account. Please kindly advise. Thanks

. Stay away from cbn form A. Nigeria banks are scammers. They promise you cbn exchange rate for form A and use a rate higher than black market at the end. You can use any other means but not form A. The truth is that banks use your form A to source for funds from cbn at cbn exchange rate then sell it to you at a rate higher than aboki rate and still charge you bank charges.

Bigpapa080:
Please guys how can I fund my blocked account easily without delay..I'll really appreciate your contributions

Any other means but not through Zenith bank FORM A. my one dollar advice except you are rich and you dont mind them using your money to scam you

Advice of the day: Do not fund your block account with form A most especially Zenith Bank. They tell you their exchange rate is CBN Exchange rate then fund your account with a rate higher than Black market/Aboki and still charge you bank charges. My one dollar advice run from them

jide4lagos:
Thanks bro.

I also have another question if you wouldn't mind.

I am spending the first semester in Germany, the second in Sweden the third in Africa and the last back in Germany.

My question is do you think I require a block account for the duration of the first semester or a year block account?

This course strong oh, 3 different countries hmm, All the best, please elders come and help answer this question

Somstevee:
Please bro can you deliberate more on how to fund the account on a cheaper and safer mode cos I Don't know anything about account funding.
Please help me with the full information.
I am lost

i wish I have the answer to your question, but the truth is I can't advice you on that. But stay off from form A except u can afford a rate higher than black market

emirate0:
Bro sorry , hw much did de charge for the transaction ?

they charged me 409.7/euros last week even when the black market rate was around 404/euros. Stay clear form A, form A is pure scam, I mean scam of the highest order. look for other better alternative to fund your block account

Somstevee:
Good morning beautiful people.
I really appreciate the help I have been getting so far here. Thank you all

Am at the process of funding my BA, I learnt that the safest mode of doing that is through bank but it might be costlier. I also observed that a FORM A is need for the transfer in the bank.
My question is, how can one get the FORM A?.

Secondly, what are the possible documents needed while funding d account?

NB, I opened a finitiba account, and intend funding soon but i need possible information on how to do that to avoid mistakes....

Thank you

There is nothing like form A at CBN rate. I am talking from experience except you are willing to fund your block account at a rate even higher than aboki or black market rate then use form A

Yeside20:
The CBN has 6 different FX windows and each have different FX rate. Dangote as a business man will use a separate window from the one students will use. And banks borrowing from each other will also use a separate rate. The 6 windows are:

1. Interbank - banks borrowing from each other (in bulk o). And this is known as the CBN official rate - N349
2. NAFEX - (Nigerian Autonomous Foreign Exchange window)
3. NIFEX - (Nigerian Foreign Exchange window)
4. I & E window - (Investors and Exporters window)
5. SME window - (Small & Medium Scale Enterprise)
6 SMIS window - (Secondary market Intervention sales) and this is where Form A belongs.

The rate at which the CBN sell to banks in the SMIS window is usually close to that of the parallel market. And according to CBN rules, they are not allowed to make more than a certain percentage on the funds, I have forgotten the actual rate but i think they can't mark up more than 200bps (2%) and because of the tight competition within the banks, they can't even maximize the whole 2% sef.

So it's not as if the banks are ripping us off, it's the fact that in Nigeria we have multiple exchange rates. Often times, it is cheaper and easier to buy from the parallel market, and that's where i bought mine before coming.

The only advantage of buying from the banks these days is the fact that you are guaranteed that it's not "fake money" and that you are buying from real source as some banks don't allow you invest the money if it's gotten from the "black market".

I hope this helps.

NB - I am not a staff of Zenith Bank

Oga abi Madam spokesperson of Zenith bank, you don't tell people you are using CBN Official rate for the day for form A and later use a rate even higher than black market when doing the transaction.

In my case I have written to zenith to refund my money then I copied cbn on the mail. Zenith bank is scam on using CBN form A, I authorize them to fund my account with 8829 euros after they told me the rate for the day is 342/euros so I had to transfer the equivalent of 8829euros at the rate of 342/euros into my zenith taking into consideration slight change that might occur during the processing of CBN form A, rather they went and funded my block account with just 7500euros at the rate of 409.7/euros without my consent

kingpaddysfarm:
Bros what was the CBN rate they gave you and what rate were you finally given/ how much did you transfer?

They told me 342/euros which was even the cbn rate for that day and I was given at 409.7/euros(even higher than aboki rate) . The truth is stay away from banks that promise heaven and earth to scam you with the use of CBN form A. Example Zenith bank, they end up using a higher rate

OdiEma:
Bros at what rate.... It's the rate that matters not the transfers.... Form A means Currency would be sold at official rates.. If the rates are above 400 naira then it is not Form A transfer

You are correct, zenith bank lure people with the use of form A telling you they are using cbn official rate and later funds your account with a rate even higher than the parallel market. Currently I am having a legal battle with them, I was given cbn official rate before the transaction and they ended up using a rate higher than even the parallel market rate. I have written cbn with all the proof and my next line of action is to write to cpc,efcc etc and publish it in national daily. We wouldn't continue to be duped by these banks, they use your document to source for funds at official rate from cbn with the use of form A and sell it to you at exorbitant rate and still collect bank charges for the transaction. This scam and injustice will have to stop and I am ready for this battle

DBestDoc:
Unfortunately, the last time i used the form A to pay school fees abroad, the transaction was not done using the official rate. A rate of 360/USD was used.

For me, the CBN Form A shi.t is as good as useless.

. That's so terrible. This country is messed up. My anger is that I was told and assured that the cbn officially exchange rate will be used and I requested they transfer a 8829euros rather 7500 euros was transferred with the exorbitant rate without my consent of the high rate

oyinthread:
That's ridiculous, which bank pls

. Trying to hide that for now for security purpose, but I don't know If I am taking the right step by not disclosing that now

Good day all, please I need your advice on this. I recently requested to make a student transaction abroad with the use of CBN Form A last week from a bank in Lagos. Three forms were given to me to fill(i.e cbn form A, authorization form and one other form) and I was also requested to submit my admission letter, passport copy, etc. Prior to the transaction I was made to know that the exchange rate for Form A is cbn rate, I was also given a breakdown of the approved rate for different currency for the transaction by the bank customer care service(which I confirmed from CBN portal as their official rate, euro - 342, dollar - 305 etc) I submitted the required document and the form late last week and a debit of 5000 naira was debited from my account with description of transaction by the bank as CBN form A processing and 250 as VAT and also 5000 yet to be debited. To my greatest surprise this evening I got an alert that my account was debited at 409.7 naira /euros and my transaction was not fully completed because of the crazy rate applied by the bank. I also noticed the description of the transaction from the debit email as "FX sales" meaning the bank sold foreign exchange to me at exorbitant rate rather than sourcing the fund from CBN with my documents and form A. I have called the bank and I requested they cancel the transaction and refund my money since they decided to rob me of my hard earned money without doing the right thing and I was told to write a letter and that the process will take a long time. Please I need advice on how to get my money back fast as I have limited time in completing the transaction abroad before the start of winter semester. I also want to know how to channel this to the FG and CBN as these banks are out to exploit people of their hard earned money after recently getting a lot of foreign exchange allocation for form A and form M

Good day all, please I need your advice on this. I recently requested to make a student transaction abroad with the use of CBN Form A last week from a bank in Lagos. Three forms were given to me to fill(i.e cbn form A, authorization form and one other form) and I was also requested to submit my admission letter, passport copy, etc. Prior to the transaction I was made to know that the exchange rate for Form A is cbn rate, I was also given a breakdown of the approved rate for different currency for the transaction by the bank customer care service(which I confirmed from CBN portal as their official rate, euro - 342, dollar - 305 etc) I submitted the required document and the form late last week and a debit of 5000 naira was debited from my account with description of transaction by the bank as CBN form A processing and 250 as VAT and also 5000 yet to be debited. To my greatest surprise this evening I got an alert that my account was debited at 409.7 naira /euros and my transaction was not fully completed because of the crazy rate applied by the bank. I also noticed the description of the transaction from the debit email as "FX sales" meaning the bank sold foreign exchange to me at exorbitant rate rather than sourcing the fund from CBN with my documents and form A. I have called the bank and I requested they cancel the transaction and refund my money since they decided to rob me of my hard earned money without doing the right thing and I was told to write a letter and that the process will take a long time. Please I need advice on how to get my money back fast as I have limited time in completing the transaction abroad before the start of winter semester. I also want to know how to channel this to the FG and CBN as these banks are out to exploit people of their hard earned money after recently getting a lot of foreign exchange allocation for form A and form M.
Note: 409.7-342 = 67.7 naira/euros which amount to 67.7*7500 = 507,000 naira was stolen by the bank with the use of CBN form A without my consent

Good day all, please I need your advice on this. I recently requested to make a student transaction abroad with the use of CBN Form A last week from a bank in Lagos. Three forms were given to me to fill(i.e cbn form A, authorization form and one other form) and I was also requested to submit my admission letter, passport copy, etc. Prior to the transaction I was made to know that the exchange rate for Form A is cbn rate, I was also given a breakdown of the approved rate for different currency for the transaction by the bank customer care service(which I confirmed from CBN portal as their official rate, euro - 342, dollar - 305 etc) I submitted the required document and the form late last week and a debit of 5000 naira was debited from my account with description of transaction by the bank as CBN form A processing and 250 as VAT and also 5000 yet to be debited. To my greatest surprise this evening I got an alert that my account was debited at 409.7 naira /euros and my transaction was not fully completed because of the crazy rate applied by the bank. I also noticed the description of the transaction from the debit email as "FX sales" meaning the bank sold foreign exchange to me at exorbitant rate rather than sourcing the fund from CBN with my documents and form A. I have called the bank and I requested they cancel the transaction and refund my money since they decided to rob me of my hard earned money without doing the right thing and I was told to write a letter and that the process will take a long time. Please I need advice on how to get my money back fast as I have limited time in completing the transaction abroad before the start of winter semester. I also want to know how to channel this to the FG and CBN as these banks are out to exploit people of their hard earned money after recently getting a lot of foreign exchange allocation for form A and form M