Cancelling an Application
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Modified on: Sat, 20 Nov, 2021 at 7:13 PM
Topic | Cancelling an Application |
Purpose | An applicant cancels an application in order to end the processing of the on the TRMS PORTAL. |
Use-Case Scenarios |
In the case of Form A, an applicant can request for cancellation if the invisible trade is no longer required.
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Process | Applicant logs into TRMS, pulls up the form and clicks on the Action button selects CANCEL from the dropdown(see FIgure below).
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Applicant inputs reason for cancellation, attaches necessary documents and clicks on SUBMIT.(See Figure below)
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Notes |
The cancellation request is subject to approval by the processing bank when the application is cancelled before it’s initial approval by the bank (before it gets a form number).
The cancellation request is subject to approval by the CBN TED when it is cancelled after the initial ADB approval (after a form number has been issued).
The applicant must attach a letter requesting for cancellation as well as other supporting documents.
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