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Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Konnektions146(m): 10:00am On Mar 19, 2016
mavinc4u:


what first bank is doing is money gram. they some issues with their western union. ask them very well.

First bank does both, but each branch has an allocation to do just 190k in a day for western union but moneygram is 199k(Except for 2 or 3 branches in Nigeria that has allocation to do 380k-benin King Square branch follow)

I read a lot of argument about WU exchange rate here, the truth is , the exchange rate is just about 205 but the extra charges gets it to about 224/NGN.

the Issue is: when will it be your turn.....moneyGram is about 280 excluding charge (which is criminal[/i]l); i hear some people talk about charges...for me, i don't care about charges, all i do is sum up the principal and charges and dived by the Dollar payout, i will get my real figure which WU is always better a deal.

what i think FBN does with WU is that they use the WU inflow to finance a fraction of the WU outbound, they also need USD for there day-to-day running of the FX business and owing to the fact that they are the biggest WU agent in Nigeria, they make a lot of money from these.

in this Dollar Naira war, the banks are the winners, if you see how much is made , you will swear for them([i]i don't blame them, they are there to make money, though thunder fit fire person as dem no get pity dey comot monthly maintenance from my account
).

3 Likes

Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by blym4real: 10:26am On Mar 19, 2016
lordmayor4:

If you are on BBM we can chat pin:2BBE98A8
okay will chat you up
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by mavinc4u(f): 11:08am On Mar 19, 2016
mavinc4u:
who is using standard chattered bank here? urgent response.

does it mean that nobody uses this bank

okay, i heard that they are now charging N197
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by mavinc4u(f): 11:14am On Mar 19, 2016
Konnektions146:


First bank does both, but each branch has an allocation to do just 190k in a day for western union but moneygram is 199k(Except for 2 or 3 branches in Nigeria that has allocation to do 380k-benin King Square branch follow)

I read a lot of argument about WU exchange rate here, the truth is , the exchange rate is just about 205 but the extra charges gets it to about 224/NGN.

the Issue is: when will it be your turn.....moneyGram is about 280 excluding charge (which is criminal[/i]l); i hear some people talk about charges...for me, i don't care about charges, all i do is sum up the principal and charges and dived by the Dollar payout, i will get my real figure which WU is always better a deal.

what i think FBN does with WU is that they use the WU inflow to finance a fraction of the WU outbound, they also need USD for there day-to-day running of the FX business and owing to the fact that they are the biggest WU agent in Nigeria, they make a lot of money from these.

in this Dollar Naira war, the banks are the winners, if you see how much is made , you will swear for them([i]i don't blame them, they are there to make money, though thunder fit fire person as dem no get pity dey comot monthly maintenance from my account
).



my dear take it or leave. Firstbank is no longer doing western union. people always confuse themselves with WU and MG
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Konnektions146(m): 11:44am On Mar 19, 2016
mavinc4u:


my dear take it or leave. Firstbank is no longer doing western union. people always confuse themselves with WU and MG

I am not really confused, check my post, you will see i am very well informed .

In the past 2 weeks, i have done 6 times from different branches for transfers raging from 194USD to 921USD

I even did 40,000NGN on Tuesday before i left for work.

1 Like

Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by mavinc4u(f): 12:00pm On Mar 19, 2016
Konnektions146:


I am not really confused, check my post, you will see i am very well informed .

In the past 2 weeks, i have done 6 times from different branches for transfers raging from 194USD to 921USD

I even did 40,000NGN on Tuesday before i left for work.


okay, what i have been using is money gram as i was told they have issues with western union.
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Nsonaso(m): 12:37pm On Mar 19, 2016
mavinc4u:


does it mean that nobody uses this bank

okay, i heard that they are now charging N197
Nice move my dear... But you should have use a more convincing and thought provoking rate like ₦248 to $1 or ₦253 with that everybody gonna get curious.. But with ₦197 everybody knows is a lie and even if it exists, it's the return of GTB ₦199 to $1 ministry

2 Likes

Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Konnektions146(m): 12:41pm On Mar 19, 2016
mavinc4u:


okay, what i have been using is money gram as i was told they have issues with western union.

They just migrated from the old WU platform to a new one,

It could be that the branch u went to hasn't been setup on the new platform or the software is not working for that branch

Ria is the cheapest but the bank doesn't make as much as they make with WU and MG. It's been suspended
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by mavinc4u(f): 12:56pm On Mar 19, 2016
Nsonaso:
Nice move my dear... But you should have use a more convincing and thought provoking rate like ₦248 to $1 or ₦253 with that everybody gonna get curious.. But with ₦197 everybody knows is a lie and even if it exists, it's the return of GTB ₦199 to $1 ministry

lol, you will not understand. don't stay inside water and allow soap to enter your eyes
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by tosinjay(m): 1:45pm On Mar 19, 2016
....
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by tosinjay(m): 1:47pm On Mar 19, 2016
mavinc4u:


okay, what i have been using is money gram as i was told they have issues with western union.
Madam, abeg what branch have you been using that does money gram, or is it still queueing level, for their branch at ogba am on queue since last week for WU they've not called. Although will check back on monday. I can see you're @ilupeju.
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by checkmateman: 3:02pm On Mar 19, 2016
mavinc4u:


lol, you will not understand. don't stay inside water and allow soap to enter your eyes

Please shed more light on the 197 naira ish
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by agarawu23(m): 4:27pm On Mar 19, 2016
Konnektions146:


I am not really confused, check my post, you will see i am very well informed .
[size=13pt]
In the past 2 weeks, i have done 6 times from different branches for transfers raging from 194USD to 921USD
[/size]

I even did 40,000NGN on Tuesday before i left for work.

shocked

you dont mean it

location pls.......

1 Like

Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by calddon(m): 4:46pm On Mar 19, 2016
Just nw GTbank 294 to a dollar

2 Likes

Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Nobody: 8:33pm On Mar 19, 2016
calddon:
Just nw GTbank 294 to a dollar

Thread carefully

3 Likes

Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by breeze23: 9:40pm On Mar 19, 2016
Hello house, can neteller vitual master card used on alibaba trade assurance?
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Eghosa1(m): 4:55am On Mar 20, 2016
breeze23:
Hello house, can neteller vitual master card used on alibaba trade assurance?

Yes.
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by breeze23: 9:43am On Mar 20, 2016
But alibaba did not want to accept my own
I am using it on aliexpress
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by lordhugo(m): 1:23pm On Mar 21, 2016
Quick question fellows.

I am looking to make a paypal payment with a mastercard debit card linked to my Ecobank account.

What is the current 'range of rates' of such a transaction per dollar? i.e. How much do i get charged at the moment in Naira from my account for a Dollar.

P.S. I am not exactly a noob in these issues. Just haven't used paypal since the current forex crises.
Was charged around N220+ in January 2016.

Current rate now?

cc. Dragnet
Alakara
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Pasca07: 1:25pm On Mar 21, 2016
pretts:
It's 197.50 to $1 but I was charged at #284.03 to £1 on Tuesday (3days ago)
is the form A still active to pay school fees abroad?if yes pls kindly suggest a gud bank I can use and their exchange rate
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Nobody: 2:02pm On Mar 21, 2016
Pasca07:
is the form A still active to pay school fees abroad?if yes pls kindly suggest a gud bank I can use and their exchange rate

Yes, I asked someone to help me pay fees for a friend. Unity Bank processed it in 2days.

All you need to provide is ur admission letter and certificates

Rate : N199 to $
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by toluhere(m): 4:26pm On Mar 21, 2016
Please when was this?
GTB has got me waiting since January
kaydguru:


Yes, I asked some to help me pay fees for a friend. Unity Bank processed it in 2days.

All you need to provide is ur admission letter and certificates

Rate : N199 to $
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by Nobody: 8:58pm On Mar 21, 2016
toluhere:
Please when was this?
GTB has got me waiting since January

Two weeks ago. Early March
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by ceaser: 9:49pm On Mar 21, 2016
gbodimowo:




i have always wondered y people act in such odd ways y il i borrow money to pay for a banks gross incompetence the email states clearly its an anormally so am i the cause of the anormally ?

and FYI no one i repeat no one knows d rate he or she il be charged until d transaction flies

so kindly quit d sermon about you all know the rate bla bla bla

The way the guy holds brief for GeeBeeTee (jibiti) Bank here, one would believe that he either works for them or he is their eye on this thread. Mstcheeew.
Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by sirlop(m): 11:00pm On Mar 21, 2016
mavinc4u:


okay, what i have been using is money gram as i was told they have issues with western union.
I used western union to transfer cash to a frnd in Dubai on Thursday.

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