Answers
Hi,
Most probably she is trying to defraud me. Her story is about foreign exchange in nigeria. There is more detail but not necessary to write here. She says she came to Nigeria from America. But the banks don't approve american dollars to exchange. Only I wanna know that is exchange foreign money in Nigeria impossible? What is money exchange conditions and rules in Nigeria? Can't we exchange our dollars or euros in banks?
Thanks in advance.
Any bank in Nigeria will readily accept USD in exchange for Naira (the local currency).
In addition, you have currency changers in most large towns, but they are generally less favourable.
Finally, you have Western Union franchisees nearly at every corner, where you can sell/purchase USD against Naira, also at a price. In these offices, you can also receive monies from abroad (but not send money abroad).
Also, if you are travelling abroad, you are entitled to a Personal Travel Allowance or a Business Travel Allowance, i.e. you can purchase from a bank USD or any other foreign currency at reduced (as in more favourable) terms.
Unformally, you will find money changers at every street corner of the business district. You change there if you want, at your own risk. I prefer to ask established businesses with which I trade on a normal basis. If they can't help me, they will recommend someone trustworthy.
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Ok so i just asked the question about going to Japan on foreign exchange, and I decided that I DO want to do it. But the money problem still lies and I don't know how to save $12,000 by my sophomore year. Since I am 14 I can't hold a part time job, because no one will hire anyone that young. I don't think asking people for money will help nor fund raising because don't they take the majority of the profit anyway? Any ideas?
Speak to your guidance counselor. They may be aware of scholarships that could help you out.
Good luck and Hope this Helps
I have a bunch of foreign money, mostly euros, left over form previous vacations and I want to know where I would go to exchange it for USD. Would my regular bank do it??
I assume Devonte is mentally retarded?
What about Pounds to USD?
Any FDIC bank will convert the money for you.
I want to do the foreign exchange and go to Spain next april. However, it's going to cost more that $2,000 and my parents are making me pay for the whole thing myself. Are there and organizations that give money or contests that give money to kids who want to travel or do foreign exchanges?
I have some foreign bills, what's the fastest way to exchange them to American dollars, like for someone who doesn't live in New York with exchanges on every corner? I went to the bank, but they have to mail them off and it can take 1-2 months. So do most airports have foreign exchange or what should I do?
most airports do or find a Federal bank
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