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CBN Cancelled Charges on the Sale of Foreign Exchange for Invisible Transactions

Forex
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Monday, February 12, 2018/   04:00 PM / CBN

All Authorized Dealers are hereby informed that the charging of commissions
on retail foreign exchange transactions such as Business Travel Allowance (BTA), Personal Travel Allowance (PTA), Medical and School Fees have been abolished.


Consequently, all Authorized Dealers are advised to note for immediate
compliance.
 

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