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Link for CBN Foreign Exchange Price Verification System Portal

Central Bank of Nigeria (CBN) Foreign Exchange Price Verification System Portal: We are delighted to inform the general public that Central Bank of Nigeria (CBN) has launched Foreign Exchange Price Verification System Portal se more details under.

The link portal will be live from 31st of August, 2023. Meanwhile, all applications for Forms M shall be accompanied by a valid Price Verification.

Mr. O. S. Nnaji, Director of Trade and Exchange Department, made this known in a statement titled “Go-live of the Central Bank of Nigeria Price Verification System Portal”

CBN FX Price Verification System Portal

According to Apex Bank from August 31, 2023, all applications for Forms M shall be accompanied by a valid Price Verification Report generated from the Price Verification Portal, adding that the Price Verification Report has become a mandatory trade document precedent to the completion of a Form M.

Following the successful conduct of the pilot run and various trainings held with all the banks, the Central Bank of Nigeria hereby announces the Go- Live of the Price Verification System (PVS).

Consequently, with effect from August 31, 2023, all applications for Forms M shall be accompanied by a valid Price Verification Report generated from the Price Verification Portal.

For the avoidance of doubt, by this circular, the Price Verification Report has become a mandatory trade document precedent to the completion of a Form M.

CBN FX Price Verification System Link Portal for Importers

The link portal for Central Bank of Nigeria (CBN) Foreign Exchange Price Verification System will be out before FX Price Verification System effective. Check for update here.

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Vera

Blessed Vitus is the Founder and a Publisher at Efficiencyview.com. A seasoned online Publicist and a Geologist