Seamlessly access foreign exchange services for travel, tuition, medical payments, and other CBN-approved needs with secure digital onboarding and verified support.
A Bureau De Change (BDC) is a financial institution licensed and regulated by the Central Bank of Nigeria (CBN) to buy and sell foreign exchange within Nigeria. BDCs are permitted to process FX for specific, approved purposes such as international travel (PTA/BTA), overseas education, and medical expenses abroad, in line with CBN guidelines.
Individuals and businesses who have legitimate foreign exchange needs and can provide the required supporting documents may apply. This includes customers requesting FX for Personal Travel Allowance (PTA), Business Travel Allowance (BTA), international school fees, medical treatment abroad, and other CBN-approved transactions.
The documents required depend on the type of FX request you are making. Generally, customers are required to submit valid identification, BVN, proof of address, and transaction-specific documents such as travel tickets, admission letters, or medical invoices. Please refer to our KYC Guidelines section for a detailed and up-to-date list tailored to each request type.
KYC verification typically takes between 24–48 hours once all required documents have been submitted correctly. After approval, FX processing and disbursement timelines depend on CBN funding availability and regulatory schedules. We will keep you informed at each stage of the process.
Yes. Subject to regulatory approval and availability, customers may choose from approved collection methods such as USD cash pickup (where permitted), FX card funding, or direct USD transfer to a foreign account. The final method approved will depend on compliance checks and transaction type.
FX limits are determined by the Central Bank of Nigeria and vary by transaction type. For example, PTA and BTA requests are commonly capped at USD 4,000 per quarter, but these limits are subject to change based on current CBN policies. Approved limits will be clearly communicated during your request review.
Yes. Hazon Capital BDC Ltd uses secure systems and encryption protocols to protect all customer information and uploaded documents. Your data is handled strictly for compliance and transaction processing purposes and is not shared with unauthorized third parties.
You will receive email notifications as your request progresses. You can also log in to your My Dashboard at any time to view your current request status, upload additional documents if required, or read messages from our support team.
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