- Zone A, Favour Plaza, 16 ASPAMDA, Lagos
- +234 802 300 8324
- info@coolforexbdc.com
Absolutely. CoolForex BDC Limited is a fully licensed Bureau De Change authorized by the Central Bank of Nigeria (CBN). We operate in strict accordance with the 2026 Revised Regulatory Guidelines, ensuring that every transaction you make is legal, secure, and transparent.
is for individuals traveling abroad for leisure or personal reasons, while BTA (Business Travel Allowance) is specifically for employees or business owners traveling for corporate purposes. Both are available to Nigerian passport holders for flights originating from Nigeria with a duration of at least 5 hours.
To process your application, you will need:
A valid Nigerian Passport.
A valid Visa for your destination.
A confirmed return flight ticket (travel must be within 14 days of purchase).
Your Bank Verification Number (BVN).
For BTA, a Letter of Invitation from your international business partner and a Certificate of Incorporation.
In line with current regulations, individuals are entitled to a maximum of $4,000 per quarter for PTA and $5,000 per quarter for BTA. Payments for professional examinations or subscriptions are capped at $2,000 per transaction.
We typically load your funds onto a secure prepaid travel card or transfer them directly to your foreign account for school/medical fees. Cash disbursements are strictly limited to small-ticket transactions as defined by the CBN.
Yes. We facilitate educational payments. You will need to provide a duly completed Form A, a valid admission letter, and an invoice from the educational institution. Payments are remitted directly to the school's account to ensure speed and compliance.
Not at all. CoolForex BDC serves all eligible Nigerians and residents regardless of where they bank. As long as you have a valid BVN and the required travel/payment documents, we can process your request.
We pride ourselves on agility. For walk-in customers with complete documentation, most PTA/BTA transactions are processed "on-the-spot" or within the same business day.
Forex for travel (PTA/BTA) must be purchased by the traveler themselves, who must be 18 years or older. However, parents or legal guardians can apply for educational payments on behalf of their children/wards.
Your security is our priority. We use advanced encryption and are directly integrated with the NIBSS and CBN reporting portals. We strictly adhere to Data Protection laws and Anti-Money Laundering (AML) protocols to ensure your information and funds are never compromised.
CoolForex BDC Limited is a premier, CBN-licensed Bureau De Change (BDC) firm headquartered in the commercial heart of Lagos, Nigeria.
