Tag: “The maximum limit for foreign currency transfers by cash deposits is now $5

  • Banks place limits on domiciliary accounts transfers

    Banks place limits on domiciliary accounts transfers

    —

    by

    Starnews NG
    in

    Banks have begun to place new limits on transfers domiciliary accounts holders can make from cash their cash lodgements. The limits range from $5,000 to $10,000, according to findings by our correspondents. A circular from one of the banks obtained by one of our correspondents on Friday said, “The maximum limit for foreign currency transfers…