Tectono Business Review: STANDARD CHARTERED BANK: CBN SPECIAL FOREX WINDOW FOR SMEs

Friday 5 May 2017

STANDARD CHARTERED BANK: CBN SPECIAL FOREX WINDOW FOR SMEs

Please, see below the revised documentation requirements for accessing foreign exchange for SMEs:

-Complete Form Q

-Application letter from the client

-Applicant must be an account holder with Standard Chartered Bank Nigeria Limited and must have operated the account for at least 6 months.

-Foreign Bank transfer details

-Proforma invoice from the offshore supplier/beneficiary

Kindly note that the amount is capped to $20,000 per quarter and access to this window does not preclude clients accessing any other foreign exchange windows.

Importers of items classified as ‘Not valid for Forex’ with transaction value of $20,000 and below per quarter shall now qualify for allocation of FX subject to completion of Form Q and submission of above listed documentation.

Visit any branch of Standard Chartered Bank Nigeria Limited for further details.

Contact us on:

012704611-4 and callcentre.nigeria@sc.com

www.sc.com/ng

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GOF AD

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EXPORT

Hmmm!!! Folks, let us say the truth and shame the #devil. Many #Nigerian #non-oil products #exporters have been defrauded of huge amount of #money in the process of #exporting #agricultural #commodities and solid #minerals to #foreign #countries. Do you know why? They were not trained on #export #operations, #management, #documentations and the best methods of #payment in export #trade. This is terrible!!! Nigerians cannot continue to lose money to #foreigners in the course of export #business. Exporters, would you like to keep on being scammed? Why don’t you get a practical manual that explains the stages of export trade from processing and #packaging of commodities to receipt of payment by the foreign buyers? It explains export operations, export management, export documentations and methods of payment in export trade? Yes, it is a #contemporary step-by-step #guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on this link: http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

EXPORT

Fellow #Nigerians, are you aware that our #crude #oil will soon become useless? Yes, it will, in no distant time, become #valueless owing to the fact that the #countries that rely on it as their only source of #energy are developing more affordable #alternative sources of energy. When this finally happens, what will we do? How are we currently preparing for this imminent #economic doom? Which other sector will continue to stabilize our economy? Nigerians, the only #solution is developing the #agricultural sector. In fact, this is the only #solution. Very soon, the major source of revenue will become agriculture and #agro-exports. How are you positioning yourself to play big in agro-export #business? Why don’t you get a practical manual that explains the stages of export trade from #processing and #packaging of #commodities to receipt of #payment by the #foreign buyers? Yes, arm yourself with the #contemporary #trends in #export #trade. This manual explains export #operations, export #management, export #documentations and methods of #payment in export trade? Yes, it is a contemporary step-by-step guide to export trade. It tells all the contemporary dynamics in export trade. To get it, click on this link: http://www.tectono-business.com/2016/02/contemporary-step-by-step-guide-to.html

IBEJU-LEKKI PLOTS OF LAND

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Friday 5 May 2017

STANDARD CHARTERED BANK: CBN SPECIAL FOREX WINDOW FOR SMEs

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