All importation into the country must be done by opening a form M, whether valid for FX or not. Customs duty payment can only be processed at the bank where the form M was opened except where the Bank that approved the form M is not a Duty Collecting Bank.

Payment Instruments: A customer can pay duty using any of the following:

  • Cash
  • GTBank draft
  • The customer’s GTBank cheque
  • Other banks' drafts and cheques (receipt is issued after draft or cheque has cleared)
  • Electronic transfers