perambulator:
if you are regularly depositing and withdrawing $10,000 in CASH, Your source of funds is not legit and you do not want to leave a trail!!!!!! FACT! if it was legit you would have no problems doing electronic transfer like most legitimate people transacting such sums.

bigtt76:
And the banks will tell you they don't have enough dollar for you to cash out. So if you have $20k they will give you $5k in cash and advise you to convert to Naira the balance so you don't forfeit it to the government

When CBN came denying plans to convert all dollars to Naira, I knew this day would come. Reason why my dom account has less than $20
I

Nobody is converting your dollar Aunty!

COMPAQ:


That's FALSE! People are forced to transact in cash because Naira is not a convertible currency. I can only buy USD from the mallam and then pay it into my account. Not everything I want to pay for abroad is school fees or medical.

I work for a multinational (very legit) and to fund my investments abroad I buy usd cash regularly to pay into my account and then transfer.

smeag0l:
You're a wise man. Mine is in usdt too. I even opened a thread on how people can trade forex themselves and earn dollars instead of giving all these charlatans their hard earned naira to waste in ponzi schemes

BusinessDream:
A typical APC bastard again even in the face of glaring evidences that they have destroyed Nigeria beyond what PDP did in 16 years, this one is still here defending something that can kill him tomorrow as if the people he is replying to are blind.

Drdreluv:
link sir

perambulator:
if you are regularly depositing and withdrawing $10,000 in CASH, Your source of funds is not legit and you do not want to leave a trail!!!!!! FACT! if it was legit you would have no problems doing electronic transfer like most legitimate people transacting such sums.

smeag0l:
What is this one saying? I work for a multinational and I do this whenever I need to send money abroad as need arises. Does that mean I'm not doing a legitimate job?

perambulator:


stop talking nonsense, how much is a multinational paying you in this your imaginary job that you have $10,000 a month to change into forex. No multinational is paying you $10,000 a month....60m naira a year? You dont even think before you post!!!! The few that are at that level do not need to deal in cash. if you are at that level, you call, they transfer no cash involved.

if indeed you work for a multinational and have $10,000 a month to convert to cash then your money is not coming from your job in which case what does working for a multinational have to do with anything. people just think they can just come on nairaland and lie.

Stop playing fantasy job on nairaland. Multinational ko multidimensional ni!!!

smeag0l:
Now I see you don't know what you're talking about. Who told you no multinational pays $10000 per month? And who also says that if I dont earn up to $10000 per month I can't do a transaction worth that amount in any particular month? Mods , please how do you get people like this signed up on NL? For your information, there are hundreds if not thousands of Nigerians who earn $10000 in a month with multinationals in Nigeria. Get that into your head

perambulator:

how much is a multinational paying you in this your imaginary job that you have $10,000 a month to change into forex. No multinational is paying you $10,000 a month....60m naira a year? You dont even think before you post!!!! The few that are at that level do not need to deal in cash. if you are at that level, you call, they transfer no cash involved.

perambulator:


Where did I say no multinational pays $10,000 a month? please show me. You keep exposing yourself by your failure to read and comprehend the fact that you fail to understand what I said just goes to prove you cannot pass the kind of aptitude test required at the bottom rung of the ladder to get you to that level of paid income in the 1st place. What I said is YOU definitely do not because you clearly have little exposure to the ways of corporate people who earn at that level. I said if you are earning such that your life style requires $10,000 a month in forex, then you will be at a level that you dont need to deal in cash. for you to be able to afford to but $10k every month, yo must be earning well above 60m naira from your job because you will have tax and expenses and still be able to transfer $10k a month. Furthermore at that level of income in Nigeria you dont get involved in these things because it is undue stress, you either have someone at your bank (account officier) who handles these things for you, you have a regular forex person etc. You have no time at that level to be visiting a bank talk less of wasting your time with cash transactions. Next time you go to bank, look at the calibre of people you typically see...they are not people earning $10,000 a month and above. people who earn that kind of income especially the corporate types dread going to banks because banks are full of riff-raff and would even before this announcement be very unlikely to deal in cash especially if they needed forex regularly.

As per what i said, Let me refrsh your memory again



I know for a fact based on our interaction that you definitely do not earn that kind of income because you wouldnt last long in a multinational organisation at a level that pays thast much with the level of criticial thinking you have displayed so far. if by some miracle you do work for a typical mutinational, based on what I see you are at a a very junior level. Like i said i even fail to beleive you do because i cant see you passing an aptitude test.

smeag0l:
You're the one with infantile comprehension. You just asked me which multinational is paying me $10000 in a month. There's no need to brag. You've not been on this forum long enough to know what people do here do there's no point arguing with you. This year alone I've done more than $70000 in transactions and there are some I had to go to the bank to do and some I had to call people. That you're daft and inept enough not to get a good job after graduation is nobody's fault but yours and you don't need to take out your frustrations on anyone. Simply double your hustle. I would have been able to help you but people like you are, unfortunately, incorrigible.
We are not on same level so I will no longer dignify you with a response after this

iwaeda:
Dear Customer (Name),

This is to inform you that effective Monday, 23 August 2021 the cumulative cash deposit on USD accounts will be revised to a maximum of $10,000 (USD) monthly. While you will be able to make multiple cash deposits within the month, the total cash deposit summation will be capped at $10,000 (USD) in any calendar month.



We assure you of our continued commitment to serving your best interest as much as possible.



Thank you for your continued patronage.



Best Regards,



Stanbic IBTC Bank

iwaeda:
Dear Customer (Name),

This is to inform you that effective Monday, 23 August 2021 the cumulative cash deposit on USD accounts will be revised to a maximum of $10,000 (USD) monthly. While you will be able to make multiple cash deposits within the month, the total cash deposit summation will be capped at $10,000 (USD) in any calendar month.



We assure you of our continued commitment to serving your best interest as much as possible.



Thank you for your continued patronage.



Best Regards,



Stanbic IBTC Bank

joedave:


No not at all! You're entitled to any inflow into your account. However, you're not entitled to if I may break it down "physical cash deposit of above $10k monthly". You can't take the cash to the bank and begin to deposit from God knows where you've stashed it in the past. This is to monitor many who's got it hidden in one safe crib.

Transfer of any amount is acceptable either by instant wire/swift provided there's proof.

macjireh:

Can I receive $1million as an instant deposit

joedave:


You can receive much more inasmuch as the fund is clean, you don't have worries.