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