₦airaland Forum

feelme3:
Sis, d thing no funny o. That bank and their greed eh

feelme3:
GTB charged me 253 to dollar yesterday

Mizzzbeee:
I suggest you shud get checked

feelme3:
GTB charged me 253 to dollar yesterday

feelme3:
GTB charged me 253 to dollar yesterday

tradeplusib:
You folks just saved me N26,500!

Normally transact using GTB card though i have a stanbic linked to another paypal acct. Had to make a payment of $500 since friday, transfer from gtb to stanbic did not go through till this morning (guess stanbic was having issues with there online platform). Just had a feeling GTB was going to go ballistic so i just waited till i could transfer the funds. Just made the payment via stanbic...........(muttering to himself......choi N26,500! )

Drinks on me folks!

just2endowed:
How much to open a saving account in stanbic into bank

temitimx19:
its free! just walk in to any branch then ask for CC.

just2endowed:
Una mean no minimum balance

temitimx19:
yes. last time I checked I had #200 in my acc

nnamokenna:
Does anybody know FCMB's current exchange rate?

Tompeters:
What about access bank

modath:
@Ymodulus ,

Thanks a million, i did ask for the form A,( did a few years in banking ops, so know a thing or two ) even filled it with my details to then get here & scan the other docs but last minute enquiries, i found out the hospital doesn't take overseas transfers & card transactions., they only do CASH, MGR's CHEQUE & MONEY ORDER..

On the branch thing, i got that from their staff after we asked for PTA,but its great you corrected that.

In the US, cash back is free, they are even happy to do it to avoid paying cash handling fees, @ALDI, they give back as much as 200$, that has been my way out.

Ymodulus:
@Stanley08 , Nice thread.

@Modath , cool. You know the truth.

I think there are several things people here don't understand about currency and banks. A bank can have 3different exchange rate for once currency. Different rates apllies to platform.

Fidelity exchange rate of 199.45 applies only to Business Traveling Allowance which are either ( Business travelling allowance or Personal travelling allowance ).

For you to get the Business or personal travelling allowance some documents needs to be provided as proof e.g Visa , flight tickets in case of business travelling allowance you need to provide a Proforma Invoice from the company with company stamps and Contact.

If you are a Chinese importer you will understand what I mean. But note there are requirements by the bank for a valid Proforma invoice from china ( Speaking based on experience with first bank ).

Also note that most banks will not hand over cash but configure your account in such away that you can redraw more than the CBN Limit of $300 per day outside Nigeria.

PTA is limited to $4000
BTA is limited to $5000


@Modath allejo branch is not the only branch that offers PTA there are 5 stanbic branches that of PTA or BTA. And they are


1. Awolowo Branch of Stanbic Bank
2. Lekki Admiralty Branch
3. Idejo Branch
4. Allen Avenue Branch
5. Water Carrinson Branch.

All branches are located on the island except one I think that's awolowo ( not so sure ). Phone numbers of the personnel in charge of PTA or BTA in this branches are as follows

1. 0814227962 - Lekki Branch
2. 0814226821 - Allen Avenue.

Call only working days. From 8 am.



The other option of getting funds is through Form A and Form M.

@ Modath why didn't you apply for Form A

Form A - For intangible things ( school fees , hospital / medical bills etc )
Form M - For tangible things ( mostly importers ) .

Getting a form M ( hehe you can try sha. But I no discourage you. )
Getting a Form A. ( is relatively easy ), in form A first bank doesn't hand over cash but their procedures is not fail proof. They can send it to a person on the other end. All you do is since you can hand over the cash to your relative over there. Though I heard some banks give the cash.

But for you to get Form A you have to give them a proof of your booking with the Hospital.


Form M is really not as hard as they paint it. It's just that the Godwin emefiele government has made it extremely difficult. Customs alone will frustrate you. And note do not try bribing any dick and Harry you see at custom office.


The other cheap way is Money Gram and Western Union. In fact I will stop here. I think, I just got motivated to share my Outbound money transfer of 47Million in one day two weeks ago. On a new thread I will write detail experience sufferings set back and how I bribed my way through. Will post it this evening.

From my experience you will understand what sahara reporters meant when they said saraki laundered money via cards. I will explain. But will not publish bank staff names or keep anything secret secret.







In some countries, I don't know of western countries but in countries like China, some people provide service of POS for Money.

You slot your card on a POS machine and the owner gives you equivalent cash for a fee. Now note that The limit of $300 does not affect POS or web transaction this means you redraw more than you get.

feelme3:
I have $4,000 for sale at 240=$1

feelme3:
I have $4,000 for sale at 240=$1

Ymodulus:
While it's business. But don't you think you reduce the price. Belief me am not boasting but I can get that way cheaper. And their are source to get it too

Ahmed4002:
kana da PayPal funds? or any person? urgently

feelme3:
I have $4,000 for sale at 240=$1

gowaga68:
If I were you I would just keep it till it reaches 250 or more.

feelme3:
I have $4,000 for sale at 240=$1

modath:
To be fair with you I don't see dollar going anywhere near there. Down it goes..
Bros, naira don enter valley reach that level?

@gowaga68,
Please, pray better prayer for naija abeg.

@Ymodulus,
I still bought something @ 7 11 today @ 199.45, how on earth will it now get to 250 @ BM..

God help your pikin, bad thoughts are begginning to creep in ooo