Thursday, November 26, 2009

Post-Export Documentations (Exchange Control Documents)

Upon shipment of the goods, the following documents (called exchange control documents) are required by CBN to be submitted to the bank;

  1. NXP form duly endorsed and stamped by the Nigeria Custom’s Service, evidencing shipment of goods.
  2. Receipt of payment for Nigeria Export Supervision Scheme (NESS) fees i.e naira equivalent of 0.5% of the FOB value of the shipment
  3. Single good declaration (SGD) form issued by Customs
  4. Clean Certificate of Inspection (CCI) issued by Cobalt

Other documents

  1. Bill of lading
  2. Invoice
  3. Packing list

7 comments:

  1. Dele thanks for your educative info,please i'd like to know the products that are traded all year round.

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  2. Are you still wth Diamond bank?

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  3. Are you still wth Diamond bank?

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  4. No sir, I have left Diamond Bank to start an export consulting firm.

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  5. Dele thanks for your educative info,please i'd like to know the products that are traded all year round. -Most products on this blog can be traded year round as long as its available.

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  6. I hate to comment but i am going to for this post. Thanks for your challenging work, please maintain it up.:)

    ReplyDelete