2011-06-24 | TED.FEM.FPC.GEN.01.010

Re: foreign Exchange Cash Sales to Bureaux De Change (BDCs) By Banks

The Central Bank of Nigeria's Trade & Exchange Department has issued an amendment allowing Authorised Dealers to sell a maximum of US$250,000 per week to Bureau de Change (BDC) operators. This must be from one AD per BDC weekly and is effective immediately. Non-compliance will result in appropriate sanctions.

Nigeria

Central Bank of Nigeria

Show thumbnail