By 
A Note in form of a circular shared by CBN Say’s..
This is to inform you that on January 31st, 2024, the Central Bank Of Nigeria (CBN) issued a circular which states that all in-bound money transfers will now be paid in following ways. ..
1. All Transfers Will Be Received Only In Naira, Either Directly Into The Account Or Received In Cash.
2. Transfer Above They Naira Equivalent Of $200 Will Be Credited The Beneficiary bank account, While Cash Payment Equivalent To The Amount Below $200 Will Require They Following Means Of Identification…
A. INTERNATIONAL PASSPORT
B. DRIVER’S LICENSE
C. NATIONAL IDENTIFICATION CARD
D. INEC PERMANENT VOTERS CARD (PVC)
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