BDCs Still Providing Forex Services ― ABCON


The Association of Bureaux De Change Operators of Nigeria (ABCON) has assured members of the public that Bureaux De Change (BDCs) are still providing foreign exchange services to the public.

ABCON President, Aminu Gwadabe gave this assurance stressing that the recent pronouncement of the Central Bank of Nigeria (CBN) does not stop BDCs from providing foreign exchange services as allowed by their operating licenses and also in their operating guidelines.

He said: “BDCs are licensed to provide retail forex services, including buying from the public and also selling to end-users for allowable transactions namely Personal Travel Allowance (PTA), Business Travel Allowance (BTA), payment of medical and school fees.

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