How to get Form A (School Fees) done in banks these days

(689 reads)

This section is all about banks, banking, products, services, news, trends and customer experiences
Comment
User photo
Jared
Verified
Answers: 5
Contact:

#1

 

These japa days, it's easier for a camel to pass through the eye of the needle than to get Form A done in Nigeria commercial banks. All inthe name of fx scarcity, banks don't have enough fx to fund customer's requests.

And the Form A is the only payment means to enjoy cheaper official rates. Yet if it will be eventually approved, can take months after application. Most times they never get approved after logging on the CBN tradeserve.gov website.

What is the solution?

Alternatives like Flywire.com are 3rd party, and although fast, is very expensive as it comes at parallel market rate.

Share your experiences please.
Share: Azaland DM Direct Message
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°

Invisible
Answers: 0

#2

 

It's tough o. Just use flywire.com at black market price :mrgreen:

User photo
Jared
Verified
Answers: 5
Contact:

#3

 

Jared wrote: ↑January 12th, 2023, 9:05 am These japa days, it's easier for a camel to pass through the eye of the needle than to get Form A done in Nigeria commercial banks. All inthe name of fx scarcity, banks don't have enough fx to fund customer's requests.

And the Form A is the only payment means to enjoy cheaper official rates. Yet if it will be eventually approved, can take months after application. Most times they never get approved after logging on the CBN tradeserve.gov website.

What is the solution?

Alternatives like Flywire.com are 3rd party, and although fast, is very expensive as it comes at parallel market rate.

Share your experiences please.
Full guide article: topic268.html
Financial Literacy is the possession of knowledge, skills and behavioral traits that help an individual make informed decisions regarding money. đź’°



User photo
YoungA
Answers: 0

#6

 

I actually don't have a personal experience to share on this matter


Post Reply