Form A
It is an application form designed by Central Bank of Nigeria to pay for service transactions (invisible trade)
The form allows customers to purchase funds at the CBN or interbank rate to make payments for eligible services as predetermined by the Foreign exchange manual.
The prevalent services it’s utilised for are:
- School fees
- Medical bills
- Training Courses
- Mortgage and others
All FX requests for Form A transactions are made on the CBN Trade Monitoring System Website www.tradesystem.gov.ng
To Apply:
- Visit the Application Portal on the website to register
- Select Form 'A' application for School Fees
- Choose Guaranty Trust as your preferred processing Bank
- Attach necessary supporting documents and submit your application.
Please note that transactions are treated on a first come, first served basis.
For other related trade services kindly contact fopsgroup@gtbank.com