Cash Purchase Sales Forex
Call Sebastian BDC for your cash purchase and sales of Forex to discuss and agree rates for immediate payment.
Sale of Personal/Business Travel Allowance
Sebastian BDC is authorized by the Central bank of Nigeria as a BDC for the sale of Business Travel Allowance (BTA) and Personal Travel Allowance (PTA). This means that all intending travelers can now purchase foreign currency from us up to a quarterly limit of $5,000 and $4,000 respectively or its equivalent in GBP and EURO.
Also, kindly note the following:
- Customers cannot purchase both PTA and BTA on the same trip, but may purchase both within the same quarter
- Customers traveling to West African countries and places that do not require visa will not be allowed to purchase BTA/PTA
- Customers can only purchase PTA for members of their immediate (i.e. nuclear) family which includes husband/wife and a maximum of two (2) children over 12 years old.
Foreign Exchange Remittance Services
Sebastian BDC also arranges foreign exchange remittance services in respect of the following:
- Business and Personal Travel Allowances
- Mortgage payment
- School fees
- Medical fees
- Credit card bills
- Utility bills
- Hospital bills
- Rent bills
- Professional fees
- Life insurance premiums
We have a very strong network that allows us to source for larger than normal wires for direct credit purposes. Customers sometimes prefer a credit/inflow rather than cash deposits.
Sebastian BDC provides delivery services for customers that purchase larger amounts of currency. For customers that require delivery below this amount, we usually request they pay a small delivery charge. Clients want to avoid getting into traffic gridlock and for this reason they appreciate this service.
Deposits in Banks
We also help customers deposit forex bought in banks. Most customers that require this service usually need it to pay for a foreign good or service so they ask for their forex to be paid straight to their forex accounts in a local bank. This service allows them to complete their transaction at a faster pace.
Sebastian BDC also has bank accounts in all the major banks in the country. Such banks include GTB, First Bank, Fidelity Bank, UBA etc. This makes it easy for our customers to transact with us.
Sebastian BDC does not require customers to pay cash for forex. Customers can wire funds or deposit in our accounts as they please.
Our main office is located in Lekki phase 1 and this makes it easy for customers to come to our office