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Current Information Consigning Bdc Exchange About Dollar To Naira Rate. - Business - Nairaland

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Current Information Consigning Bdc Exchange About Dollar To Naira Rate. by ifyan(m): 9:01am On Dec 01, 2015
This is an important information, rules, roles, directive etc.

For now (currently) as CBN impose rule to it suppliers (BDC operator).

1.In Market Chain



CBN. = Manufacturer(only 1 producer in the country)

ONLINE
BANK. =WHOLESALERS
BDC operator

PARALLEL operator (A.K.A BLACK MARKET)=RETAILER

YOU. =Final consumer

2. CBN only sale once to a BDC operator no longer twice as before a week.

3. For a consumer to buy from a BDC operator, he/she need to come with his/her following documents.
A. BVN NUMBER
B. Valid International Passport
C. Current Visa
D. Current Ticket

4. To calculate the actual price of a BDC operator is like this.
3.5% × CBN Rate +CBN Rate.
Example.
CBN rate for $1=N197
While BDC will be calculated this way
3.5/100 ×197 +197
6.895 +197= 203.895
But no BDC operator will sell it to you that way.

5. After a BDC operator stamp your passport, it takes 3 month before it expire.

6. BDCs operator have a strong union plus good relationships with CBN

7. CBN also know the reason for your trip if you are genuine.

8. BDCs operator play a major role in exchange market.

9. Though there are due process but it reliable and safe

10. Information is power don’t be deceive and make enquiry

Nigerians be wise

Written by IfyAn

Source:http://www.nairausd.com/2015/11/current-information-consigning-bdc.html?m=1

Twitter@nairausd

Re: Current Information Consigning Bdc Exchange About Dollar To Naira Rate. by ifyan(m): 9:04am On Dec 01, 2015
Cc .TonyeBarcanista
Re: Current Information Consigning Bdc Exchange About Dollar To Naira Rate. by ironheart(m): 9:08am On Dec 01, 2015
thanks for the heads up
Re: Current Information Consigning Bdc Exchange About Dollar To Naira Rate. by TonyeBarcanista(m): 9:12am On Dec 01, 2015
Thanks for the info...
Re: Current Information Consigning Bdc Exchange About Dollar To Naira Rate. by ifyan(m): 8:24pm On Dec 01, 2015
TonyeBarcanista:
Thanks for the info...

You are welcome
Re: Current Information Consigning Bdc Exchange About Dollar To Naira Rate. by ifyan(m): 8:24pm On Dec 01, 2015
ironheart:
thanks for the heads up

Nice
Re: Current Information Consigning Bdc Exchange About Dollar To Naira Rate. by david22uu(m): 10:01am On Dec 03, 2015
frontpage

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