CBN Abolish Charges on Sale of FOREX for BTA, PTA, School Fees, Medical

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February 12, 2018/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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