freakky:

Buy euro from aboki and transfer the euro to the block account

thanks, please how do I go about that

Please house,anybody applied to TU bergakademie Freiberg or studying their currently or knows stuff about it?...I wanna make enquiries

3T:
2 rejections in Monday. Bayreuth and one other schl like that


3rd and 4th AL drop on Tuesday.
OVGU - Data & Knowledge Engineering
Rhine-waal - Information Engineering and Computer Science

Please what did you use as proof of English proficiency for DKE in OVGU

alexdedon:
Hello family please what's the cheapest way to transfer money to block account, I need to transfer 8829€, I called fidelity bank I was told their exchange rate is 432 . Which is on a very high side (I. e 432 x 8829 = 3,814,128naira) excluding service charges. Oh my goodness where will I get such

That's too much, I bought 2000 euros last 2 weeks at 405....even at yesterday, it was trading for about 403, 402..

alexdedon:
thanks, please how do I go about that

You can do that by doing what @Eldee mentioned earlier which is( Euro as at today is 403 naira per euro, enter street look for one aboki man, negotiate well since you are buying in bulk, ie let's say 400 naira. Carry the aboki man go your bank to avoid stories that touch, give am the naira and collect the euros, then pay it in a domiciliary account. It will get to your German account the following day or at most two days depending on the bank)

alexdedon:
Hello family please what's the cheapest way to transfer money to block account, I need to transfer 8829€, I called fidelity bank I was told their exchange rate is 432 . Which is on a very high side (I. e 432 x 8829 = 3,814,128naira) excluding service charges. Oh my goodness where will I get such

Have you tried the optiion of form A? using CBN official rate

Go to your bank and tell them you want transfer money for your school. They will ask you of some basic documents such as Admission Letter, the stated fee(you can use the Visa check list where it 8,640 is stated and ur AL where u have ur semester contribution stated), Beneficially bank details,passport data page. Please go with all neccesary documents u used in opening the BA
The money will be lodge in your account while they bid for Euro from CBN. After getting the euro, they will send it to the account.

I have not done it but i asked from standard Chartered bank and they told me its possible.

You can also get Euro for 400 as said, but do a trial for the Form A and compare

For you to buy Euro from aboki, you must have a domicilary (euro) account with bank. Most banks dont open Euro account as they convert from dollar to euro during the transfer. In that case, do well to transfer above the amount you want to send cos the rate fluctautes. There are few that open Euro account find out cos it will be straight forward

Best Wishes

campichristian:
Hey gurus second AL dropped yesterday, sorry I wasn’t online to testify.
I just say make i check my mail for interview date naso i see AL... see as God dey do en things like Jesus christ

Financial Economics, Otto Von Guericke Universität Magdeburg.
Thank y’all for the contributions and those expecting AL, you’ll receive yours soon

Congrats fam. I applied to same school and course. Expecting a decision soon. What’s the deadline for enrollment on the AL?

Pls can you share more info about this method

freakky:

Buy euro from aboki and transfer the euro to the block account

Tommynaku:


Have you tried the optiion of form A? using CBN official rate

Go to your bank and tell them you want transfer money for your school. They will ask you of some basic documents such as Admission Letter, the stated fee(you can use the Visa check list where it 8,640 is stated and ur AL where u have ur semester contribution stated), Beneficially bank details,passport data page. Please go with all neccesary documents u used in opening the BA
The money will be lodge in your account while they bid for Euro from CBN. After getting the euro, they will send it to the account.

I have not done it but i asked from standard Chartered bank and they told me its possible.

You can also get Euro for 400 as said, but do a trial for the Form A and compare

Best Wishes

Hello sir, CBN’s Rate does not apply to Form A. If he’s using that option, then he’s going to have to pay the bank’s rate, which is currently higher than parallel market rate. Best advise is to source for own euros and make a transfer to his block account.

3T:
2 rejections in Monday. Bayreuth and one other schl like that


3rd and 4th AL drop on Tuesday.
OVGU - Data & Knowledge Engineering
Rhine-waal - Information Engineering and Computer Science

Congrats bro

I have a dollar Domiciliary account can I deposit dollar and transfer to my block account in Euro? I guess there should be a convertion

IF it's possible would the charges for either dollar or Euro be the same ?

Pls I need your advise
Thanks

Ghostk:


Hello sir, CBN’s Rate does not apply to Form A. If he’s using that option, then he’s going to have to pay the bank’s rate, which is currently higher than parallel market rate. Best advise is to source for own euros and make a transfer to his block account.

Please can you kindly break it down for me. As regards to this form A and the transfer method. I would like to know every detail, the process involved, the cost(bank charges) etcetera.

To make a transfer to BA.... there will be a need to have a domiciliary account... right?

Ghostk:


Hello sir, CBN’s Rate does not apply to Form A. If he’s using that option, then he’s going to have to pay the bank’s rate, which is currently higher than parallel market rate. Best advise is to source for own euros and make a transfer to his block account.

Good day all, please I need some clarification...I notarized my documents but noticed there is no emblem in the middle of the seal. Will schools in Germany especially TUM accept it? Thanks for you kind answers

ejighikepat:
I have a dollar Domiciliary account can I deposit dollar and transfer to my block account in Euro? I guess there should be a conversation

IF it's possible would the charges for either dollar or Euro be the same ?

Pls I need your advise
Thanks

Yes you can

Coitus:


Please can you kindly break it down for me. As regards to this form A and the transfer method. I would like to know every detail, the process involved, the cost(bank charges) etcetera.

You should know that form A takes a longer time and it's almost the same rate as Buying euro from an aboki but u can try each one out and choose which one works best for you

Ghostk:


Hello sir, CBN’s Rate does not apply to Form A. If he’s using that option, then he’s going to have to pay the bank’s rate, which is currently higher than parallel market rate. Best advise is to source for own euros and make a transfer to his block account.

Any way I cant really tell now, but asked my bank and was told that will be the cheapest. Please let him still ask and compare as i adviced

Thanks for this, I will have to find out more on this

Ghostk:


Congrats fam. I applied to same school and course. Expecting a decision soon. What’s the deadline for enrollment on the AL?

Thanks bro! The enrollment period is September 24th-October 11th, classes start 7th October ..
Don’t worry you’ll be admitted...

freakky:

You should know that form A takes a longer time and it's almost the same rate as Buying euro from an aboki but u can try each one out and choose which one works best for you

.

Foreign currency is not scarce now. Its towards August/sept that you have scarcity. But like I said, He should ask questions and compare. Ask question from the bank as the Rate, duration, all charges using Form A and funding your account and transfer. With this he could know the best option having in mind other factors(interview or resumption dates)

Tommynaku:


Have you tried the optiion of form A? using CBN official rate

Go to your bank and tell them you want transfer money for your school. They will ask you of some basic documents such as Admission Letter, the stated fee(you can use the Visa check list where it 8,640 is stated and ur AL where u have ur semester contribution stated), Beneficially bank details,passport data page. Please go with all neccesary documents u used in opening the BA
The money will be lodge in your account while they bid for Euro from CBN. After getting the euro, they will send it to the account.

I have not done it but i asked from standard Chartered bank and they told me its possible.

You can also get Euro for 400 as said, but do a trial for the Form A and compare

For you to buy Euro from aboki, you must have a domicilary (euro) account with bank. Most banks dont open Euro account as they convert from dollar to euro during the transfer. In that case, do well to transfer above the amount you want to send cos the rate fluctautes. There are few that open Euro account find out cos it will be straight forward

Best Wishes

Thanks alot

freakky:

You should know that form A takes a longer time and it's almost the same rate as Buying euro from an aboki but u can try each one out and choose which one works best for you

OK sir. So since aboki is the best. Put me through certain things.

We have different banks in Nigeria so which is most flexible for this transaction?

How much exactly would the bank collect for the transaction? This is important so one knows how much to carry.

Good day. For raising Euro, pls note
1. You can ask the local forex guys (aboki) to exchange and transfer euro to your domiciliary euro acct. Note that there is difficulty with cash transaction. There is a cap to how much euro cash you can pay into your acct per day. This online transaction will come at a higher cost usually about 5 naira above buying euro as cash
2. You can also do form A from your bank. The rate varies depending on Bank. Shop around. StanbicIBTC allows you to do this even with a saving account.

alexdedon:
Thanks alot

Ask your bank to take their transaction cost from your naira account. GTB/Stanbic allows you to give this instruction. That way your Euro transferred is intact.

Coitus:


Please can you kindly break it down for me. As regards to this form A and the transfer method. I would like to know every detail, the process involved, the cost(bank charges) etcetera.

FORM A
Go to your bank and request to do transfer for your upkeep using Form A. Find out the following 1. requirements which i believe you have, 2. the rate they use and charges for the transfer 3. The entire duration(getting the fund from CBN and transfering.

TRANSFER
You must open or have a domicilary account with the bank either euro or dollar. If dollar, there is a converstion and in this case make sure you ask or you transfer above the amount u wanted to. If Euro its staight transfer.
Go to aboki and negotiate either dollar or euro that you want to use. euro sholud be 400 in PH since its much.

Pls and Pls don not carry cash to them. MAKE ALL your transction in the bank (Account to Account) He transfer the cash to you and you transfer the equivalent to him. Make sure you ask the bank charges for your transfer

Compare this two methods and see the best for you

ejighikepat:
I have a dollar Domiciliary account can I deposit dollar and transfer to my block account in Euro? I guess there should be a convertion

IF it's possible would the charges for either dollar or Euro be the same ?

Pls I need your advise
Thanks

I stand to be corrected but you MUST ask your bank.Tthe charges should be 0.5% of the amount, Telex charge and overseas charge.

Pls Sir ASK OOOH

ejighikepat:
I have a dollar Domiciliary account can I deposit dollar and transfer to my block account in Euro? I guess there should be a convertion

IF it's possible would the charges for either dollar or Euro be the same ?

Pls I need your advise
Thanks

Yes you can. There’s a bank cross rate would would be used to effect the transfer. However I’ld advise you to open a euro account and fund it to make your transfer. It’ll be more direct and cheaper since there won’t be a cross-rate conversion

The charges are almost uniform across all banks for the transfer method. I’m not too sure of the form a method tho. Just walk into your bank of choice to make your enquiries.

Coitus:


Please can you kindly break it down for me. As regards to this form A and the transfer method. I would like to know every detail, the process involved, the cost(bank charges) etcetera.

Yes. You would need to have a Dom account

chekz169:
To make a transfer to BA.... there will be a need to have a domiciliary account... right?

https://myscholarshipsnetwork.com/fully-funded-daad-scholarships-germany-2019/
Good afternoon. Please follow the above link for those interested in scholarships. Good luck