foreign exchange regulations

  1. New Regulation Requires Bank Customers to Present 3-Year Tax Clearance for Dollar Purchases Starting April 1

    Nigeria New Regulation Requires Bank Customers to Present 3-Year Tax Clearance for Dollar Purchases Starting April 1

    Nigerian banks have implemented a new requirement for customers seeking forex transactions through Form A, demanding the submission of the last three years' tax clearance certificates (TCC). Standard Chartered Bank notified its customers via email, confirming this mandate effective from April 1...
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