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MBC Financial Services BDC Limited

Meeting your FX needs

MBC Financial Services BDC


MBC Financial Services BDC Ltd (formerly Chilk Dum BDC) is a member of the MBC Financial Services. It is a CBN registered Bureau de Change. The Company offers our diverse clientele foreign exchange services which cut across business and personal needs. We offer convenient, cost effective foreign exchange services, offering cash and electronic wallet solutions under the rules and regulations released by the CBN.

MBC Financial Services BDC Ltd provides competitive rates across major international currencies. We are competitive and responsive, with full realization that delivery and performance are essential to our client’s satisfaction.

 

Service offering


Foreign Medical Bills
Foreign currencies purchased to meet financial obligations attached to medical treatment abroad.

Requirements

  • Completed Form A
  • Letter of reference from a Specialist Doctor
  • Valid international passport
  • Relevant visa
  • International return ticket
  • Letter from overseas Specialist Doctor stating the cost of treatment and maintenance.

– Other services under the Global Remittance Service offering include Travel Insurance, Mortgage and Education Fees

Business Travel Allowance (BTA)
BTA refers to foreign currency purchased to meet necessary expenses of traveling away from home for your business, profession, or job.

Requirements

  • Letter of request from corporate body stating the purpose of the visit
  • Certificate of business registration/Incorporation
  • Valid international passport
  • Travel ticket
  • BVN

PTA refers to foreign exchange purchased in respect of travelling expenses not to have been expended on business travelling to the extent that it has been spent on private travelling.

Requirements

  • Valid international passport
  • Relevant valid visa
  • International return ticket

Service offering


Toyin AYOADE

Toyin AYOADE

MD, MBC Securities Ltd

Toyin joined the firm from Morgan Stanley (U.K). He is a fellow (FCIB) of the chartered institute of bankers of Nigeria and an associate (ACS) of the chartered institute of stockbrokers of Nigeria (CIS). He is an experienced investment banker and has garnered a wealth of experience working with various firms in Nigeria and the United Kingdom (UK), spanning securities trading, investment management and Corporate Finance.

 

Godspower Aigbedion

Godspower Aigbedion

Investment Advisor

Godspower Aigbedion is an Investment Advisor.

Frequently Asked Questions


Cash Transactions

Our service is offered to clients wanting to buy and sell Forex where we offer a wide range of currency pairs.

All products are subject to a maximum of USD 5,000 per quarter and restricted to eligible transactions only.

  • Personal Travel Allowances
  • Business Travel Allowances
  • School Fees abroad
  • Mortgage payment
  • Utility bills
  • Medical bills
  • Life Insurance Premium Payment.
  • Get our prevailing rate
  • We accept cheques and fund transfer

All cash product purchased are picked up from our office with official identifications.

  • Valid international passport with relevant visa
  • International Return ticket

Yes. We buy FX cash from Individuals and Organizations.

Transfers

Our service is offered to clients wanting to buy and sell Forex where we offer a wide range of currency pairs.

All products are subject to a maximum of USD 5,000 per quarter and restricted to eligible transactions only.

  • Credit card payment
  • School Fees abroad
  • Mortgage payment
  • Utility bills
  • Medical bills
  • Life Insurance premium payment

You can either give us your mandate via email or hard copy delivered at our office stating the necessary account details.

  • Account Name
  • Account Number
  • Purpose of transfer
  • Bank Name
  • Bank Address
  • Bank Sort Code/Routing #
  • IBAN
  • BIC

We accept cheques and fund transfer.

It usually takes between 72 hours for a transfer to clear into a beneficiaries account from the day that MBC Financial Services BDC Ltd receives your funds

Yes. We buy inflows from Individuals and Organizations.

Yes. We do currency swap with a service charge.

  • Affordable- Our rate are very competitive
  • Security-  Our services are rendered with utmost confidentiality
  • We are fully registered and regulated with CBN 
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