Accessing Foreign Exchange for PTA and School Fees
The Central Bank of Nigeria introduced new guidelines for the purchase of Forex for Personal Travel Allowance (PTA) on the 21st of February, 2017. This move tends to increase foreign exchange availability and the need to ease the difficulties faced by Nigerians in getting forex for some invisible transactions. The challenges of funding personal items, paying school fees, paying for medical bills, waiting on a tiring queue are reduced when one uses PTA. This can be got from authorized dealers and commercial banks.
