TOPIC

FILLING A Remittance Form 

PURPOSE

This form is used by an Individual or Organization that requires foreign exchange to pay for Services such as BTA, PTA & Estacode, outside Nigeria.

PROCESS

  1. Applicants login into the applicant portal and click on the Transaction category. See figure 1

FIG: Selecting the Transaction Purpose

 

 

1. Select category

 

2. Click on Transaction Purpose

 

a. Select purpose

 

3. Applicants must fill all the required fields properly before moving to the next stage.

a. Select Valid for FOREX as YES

b. Fill out Bank Details 

c. Attach Documents

4. After Applicant fills all the fields, he/she submits a Form.

USE CASE SCENARIO

  • An individual/Company wants to travel for business or Vacation in Spain. 
  • The individual logs into the TRMS portal and clicks on Form A to start an application
  • Individual clicks on PTA/BTA/Estacodes.
  • The individual input all the required information. See figure 2

FIG 2: Inputting the required information.

 

  • Once submitted the individual receives an email notifying him/her that their form has been submitted.
  • The bank processes the application or rejects.