Oceanic Bank: Currency Trading


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Services

Currency Trading

Currency Trading


The under-listed services are available at all branches of Oceanic Bank nationwide. Services are available to both Oceanic Bank account holders and non account holders.

For further information, please contact Bureau De Change by e-mail: bdc@oceanicbank.com telephone: 01 4484126-8

Personal/Business Travel Allowance (PTA/BTA)

• Maximum of US$4,000 for PTA and US$5,000 for BTA (or equivalent in other currency) per quarter.

• Combination of multiple currencies (US$, GBP, EUR) within the permitted limits is allowed.

• Traveler must be at least 12 years old, with
• Unexpired Nigerian Passport (For BTA, traveler can be a foreigner)

• Valid visa, residence permit, right of abode or other entry permit to destination country.

• Air Ticket for return journey to and from Nigeria (outward one-way ticket acceptable for outgoing emigrant or resuming Student).

• For BTA, sponsor company’s Certificate of incorporation/registration

Educational Fees

You will need the following:

• Bill from educational institution

• Admission Letter

• Unexpired means of Identification

• Bank transfer details

Medical Bill

You will need the following:

• Bill from hospital abroad

• Referral letter from specialist in Nigeria

• Unexpired means of Identification

• Bank transfer details

Mortgage Dues

You will need the following:

• Demand Note/Invoice from lender

• Duly executed assignment

• Unexpired means of Identification

• Bank transfer details

Credit Card Bill Payment

You will need the following:

• Demand Note

• Card Account Statement

• Completed Form A (to be obtained from the branch)

• Unexpired Nigerian International Passport

• Bank transfer details

• Limit of US$5,000 per quarter

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