CBN Bans Withdrawing and Sending Dollars Through WesternUnion, WorldRemit, MoneyGram, RiaMoney...
Attention Nigerians & Businesses Operating in Nigeria! 🇳🇬 ## New CBN Guidelines Impacting IMTOs Explained!
Just made a video on a critical topic for everyone sending or receiving money overseas! In this video, I break down the recent changes to IMTO guidelines by the Central Bank of Nigeria (CBN) and what they mean for you:
Outbound transactions stopped: Sending money out of Nigeria through IMTOs is no longer possible.
Inbound payouts only in Naira: You can only receive the Naira equivalent of foreign currency remittances. ₦
Cash payout limits: Cash pickups are restricted to less than $200.
Impact on businesses & individuals: Explore potential consequences and alternative solutions.
This video equips you with vital information to navigate the new landscape of international money transfers in Nigeria.
Don't miss out on:
Clear explanations of the new rules.
Expert insights on potential impacts.
Alternative options for businesses and individuals.
Hit that subscribe button and stay informed!
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