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How to Pay School Fees Abroad from Nigeria

Nothing has change. You can pay your school fees abroad while still in Nigeria. So, everything I’m going to discuss here will cover how to pay for tuition fees abroad from Nigeria.

Paying School fees abroad from Nigeria
Image credit: US Embassy & Consulate in Nigeria

The Central Bank of Nigeria (CBN) has started allocation and sale of Foreign Exchange for purposes of payment of school fees and settlement of medical bills overseas. We shall see how  CBN Form A is use for various international payments including School fees.

According to channelstv, the apex bank claimed that despite assurances it had given, some persons had continued to suggest that the Bank had stopped the allocation of Foreign Exchange to Nigerians seeking to pay school fees and medical bills overseas. The CBN also urged all genuine users desiring to obtain foreign exchange for payment of school fees and settlement of medical bills abroad to approach their banks with their requests and appropriate documentation.

Many Students seeking to pay for their tuition fees UK, China, USA, India, Austria, South Africa, Ghana, and so on from Nigeria have asked me here severally how to pay for school fees abroad as it very difficult sending money abroad now. The suggestions I make to them that work perfectly is what I want to share here with you too.

So if you are among those seeking to study abroad; whether for an undergraduate degree programme or postgraduate programme (PGD, MSc. Phd.). Here are some fast ways to pay school fees abroad from Nigeria!

Ways to Pay school fees abroad from Nigeria

There are several means to pay for tuition fee aboard from Nigeria. The current cheapest means to pay for school fees abroad is through:

A.   Use of CBN Form A/e-Form A


  • Visit the customers’ care of any of these Nigerian banks: Firstbank of Nigeria, Guaranty Trust Bank, Stanbic IBTC, Diamond bank, Zenith bank, and Fidelity bank; if you have an account with them that would be better. Take alongside the bank detail of the school that offer you the admission.
  • Once you’re in the bank, tell the bank customer care you would like to pay for the school fees abroad with Form A.  You will be directed to the appropriate desk where you will be given Form A to fill and sign. Please, make sure you fill the form correctly; ask questions where you are not clear.
  • The bank will communicate to you after proper filling and documentation of Form A, the day the payment will be made.
  • Scan the payment receipt and email it to your school in abroad, they will notify you when they received the payment.

If you don’t have account with any of the bank mention above; you may need to first, visit any CBN office close you to present your evidence of your school admission abroad.  After authentication by CBN, you will be given an official exchange rate waiver.

After given a waiver; visit any of the bank mention above or if possible, visit GTbank with this official exchange rate document from CBN

  • Tell you them you want to pay for your tuition fees abroad. Present the CBN paper to them.
  • You will be given Form A to fill and sign. The procedure continues as in above.
  • GTBank may take up to 2 months to make the payment.
  • Stanbic IBTC may take maximum of 72 hours to make the tuition fee payment.
  • Firstbank of Nigeria may take maximum of 48hours to make the payment.

The exchange rate for Form A is currently at N360/$. CBN does not allow any other hidden charge from the bank on your request. The maximum amount allowed for Foreign School Fees is USD15,000 or its equivalent per session.

Please note: The Central Bank of Nigeria (CBN) has introduced the electronic Form A (e-Form A). So, starting from November 30, 2021, the e-Form A replace the hardcopy Form ‘A’ for transactions covering PTA/BTA, medicals, education, and other related remittances.

What is e-Form A

e-Form A is an electronic form of CBN hardcopy Form A

  • Form A transactions is now being process electronically as e-Form A on the CBN Trade Monitoring System –
  • A valid Bank Verification Number (BVN) is required to access the Trade Monitoring System for e-Form A applications.
  • The e-Form A is an online portal which means you can submit your request and upload your supporting documents from the comfort of your home or office.
  • A ₦5,000 fee is payable for each e-Form A application.

See Also: Guideline for Zenith bank international School fees payment

My Advice on use of CBN Form A to pay for school fees abroad

  1. My candid advice here is this; don’t wait till when it is remaining 2 months, 1 month or weeks before you starting seeking for means to pay your school fees abroad. Start at least 3 months earlier.
  2. Any of these bank mention above may claim to make the tuition fees payment within 72hrs, 48hrs or even 24hrs, I rather suggest you visit them often to make sure they keep to their promise.

Read Also: CBN Policy on PTA, BTA, school fees & medicals – all charges stopped

B. Use of Domiciliary Account


Here, you have to open a domiciliary account or use a domiciliary account of someone you know to make the payment for the school fees.

Some Nigeria banks to open a domiciliary account with are GTbank, Firstbank, Diamond bank, and Zenith bank.

See : how to open a domiciliary account with Gtbank, Firstbank and Zenith bank

  • Once, you open a domiciliary account let say with GTBank; the next step is to fund the domiciliary account with the require amount you wish to pay as school fees abroad.
  • To fund the account, foreign exchange Company, like Travelex may offer better foreign exchange rate option than the black market (BDCs).
  • Show GTbank staff the admission letter and they will give form to fill the university bank details and to also add your student name and student ID number.
  • You need to have extra money on your domiciliary account for bank transfer charges. The bank charges include; telex transfer charge (optional but necessary), off shore charges
    and £10 if the correspondence bank need to deduct.

C. Through Agents

How to pay school fees abroad from Nigeria through an Agent

There are many agents (both local and international agents) that claim to offer the service of helping students who are offered admission abroad to pay for their school fees. I wouldn’t want to start mentioning them here because I don’t trust any of them. However, it doesn’t mean that there are no good Agents that runs school fees payment for Nigerians that goes abroad to study. In Lagos, you’ll find many of them.


To conclude,  I will suggest you go through the above options when paying for school fees abroad from Nigeria. Select the most convenient. They may still be other ways to pay for school fees abroad from Nigeria but the 3 options above are the fastest!

324 thoughts on “How to Pay School Fees Abroad from Nigeria”

  1. I applied for form A with Gtbank. I was debited but it was a negative debit because I had not paid the money into my account. I want to know there is a negative debit? I want to know if the money movement had been initiated?. If i should go ahead with transferring the money into my account to enable it to move?

  2. Thank you for the write up. I plan to pay for the initial deposit few days time using form a, can I still pay part of the school fees using form a few weeks after using form a to pay for initial deposit?

  3. Thank you for your response Emma.
    Please, is it that there is no longer the option to go to the bank and pick up the Form A?
    Do i have to fill in and print the online version? I hear there is a fee of N5000 attached for the e-Form A.

  4. Hi Emma. Good Evening. Thank you so much for this platform.
    2 things please
    1. I want to pay my deposit of 4K pounds to a UK School. Which Nigerian bank currently offers the best FX transfer service?

    2. I have a dollar account, can i use a dollar card to pay the deposit which is in Pounds?

    Please reply? Thank you!

    1. 1. I can’t vouch for any bank when it comes to FX transfer services. Only try will convince you.
      2. To your second question, it is your bank that will tell if that will work.

  5. I submitted my form A at GTbank on the 24th of March and got debited on the 30th but the money is still in my ledger balance it’s no longer in my main balance please I want to verify why i have not recieved my telex copy. Thanks

      1. Thanks so much much but I want to know why I have not recieved my telex copy and why the money is still in my ledger balance

        1. That the money is still your ledger balance, does not mean that it has not leave your account. The money has leave your account. So relax, as soon as it leaves your ledger balance, you’ll get your telex copy.

          1. Ok thank you.
            One more thing please i would like to know how long it will take for the money to leave my account

          2. Good day. It’s about the fee I told you about, currently the money has cleared from my ledger balance on Tuesday been 26th of April but the bank said i will get another debit for the telex itself please I want to know how long it will take to get the debit for the telex

    1. banks (gtb, for instance) usually block the required funds in your acc so that there would be no tampering with the funds while the payment processing is going on, hence the reason it’s still appearing in your ledger balance. it is not until when the process has been completed before the money is moved finally out of your account. i hope this helps!!!

  6. Thanks for this information. I like to ask if GTB will still take 2 months to send the school fees abroad as you noted in the write up.

    1. Good morning, please I will like to ask that can I use Stanbic IBTC bank to pay for my tuition fees. Because someone told me not to use the bank but rather, I should use UBA bank which I don’t have an account with them. Thanks

  7. Emma thanks for all the effort you make to answer questions regarding various payments. Please, I made a payment using Form A via Fidelity bank and I was told I will be debited within 2-3 working days but nothing yet. Please, I want to know how long it takes currently because I have barely a week deadline left for the payment to be made?

  8. Hello Emma. Please the bank says that there’s a CBN directive that’s restricting processing of payment of tuition for diploma programme. Please how do I resolve this?
    Thank you

  9. Hello EMMA, I have read your responses so far about questions been asked and I must tell you you really did a good job answering those questions…..big thumbs to you. I would like to know, I want to make a payment deposit into a UK school account. Please which options do you think is best now considering CBN restrictions and policies.

      1. Good afternoon Emma.

        Please can you tell me another way to pay a deposit to schools in the UK? I went to 5 different banks today to make a deposit, but none have a reasonable price even though they call it CBN form A. Here is the information from the different banks:

        Zenith Bank: 540.58 pounds excluding their service charge.
        Diamond Bank: 577.83 Pounds.
        FCMB Bank: 580 Pounds
        First bank: 578.26 Pound.
        Fidelity Bank: 601 pounds.
        This information is at today being 28/4/2021. I am stressed out. please can you recommend the cheapest bank or other means. Thank you.

        1. Another way to pay for your school fee in UK is to pay using domiciliary account. If you have one that fine but if you don’t, you can look for someone that has one to assist you.

          1. Hello Emma. Please the bank says that there’s a CBN directive that’s restricting processing of payment of tuition for diploma programme. Please how do I resolve this?
            Thank you

        2. Hello Emma, I want to ask concerning requirement for formA now, Polaris demanded for the student BVN, is it all banks that requested for the BVN even if the student does not have an account in Nigeria before leaving

            1. Gbeminiyi odediran

              Hi Emma,I want to pay for my school fees in the USA but on the form A it requires Iban and USA banks don’t use iban,what should I do?

        3. Hello emma..thanks for your response this far..
          I filled a form for payment through zenith bank form A to uk for over a week now and am yet to be debited..except the cbn processing fee..pls do you know how long this will take?

      2. Hello Emma , thanks for the good work on here ,
        please i want to ask do i still need to go to the bank to get form A if i am sending from a personal dom account or a frined or cani just proceed with the payment ? i mean since i can pay with internet banking ?

      3. All the Bank rates are really different…I visited about 5 banks today all with different rate and sending terms…9ja is fucked up, imagine banks advising me to go and purchase Euros from the black market which is extremely expensive

        1. pls about the sch fees payment transaction you did at Polaris bank then hope the transaction went thru pls let me know cause am abt doing same process thru polaris bank

      4. Kabuoh Uchechukwu Lawrence

        Hello please i Dont really understand this because my school in Canada said I should use Western Union,but I got to my bank and it was form a transaction I used.please how many days would it take before my school in Canada receives my is first Bank I used and the deadline is fast approaching

        1. It depends on the bank and the money in the queue to be sent out. For Firstbank, it will take them like 2 – 5 working days but sometimes up to 2 weeks if they have less money in queue.

      5. Hello Emma, I must commend you for making payment process easy and accurate directions too. However, I made a pre-enrollment deposit to a school in Canada through Form A in Zenith bank. A week after the payment is yet to be done.

          1. Bro, the payment was later made on 27th April. Uptill now the Canadian school is yet to receive it. What do I do?
            Do I get someone in US or Canada to pay on my behalf.

      6. Please I want to know what an invoice is, because I used form A to pay part of the fee, when I went the second time, to pay CBN rejected it saying they need an invoice attached, I have no idea…

      7. Good day, I would dis platform has been really helpful, I’m trying to pay my fees to a university in the Uk..they said they are partners with Western Union Business Solutions. Tried using it but first bank and zenith said they don’t do that kind of transaction..I had to call the school for their bank details which they sent to me, I filled my Form A already but my questions are: 1)Do I get the Telex copy immediately 2) Will they use the black market rate or the official rate? I followed your advice I’m paying 4months before deadline

        1. Once the payment is made, get the telex copy. The payment might or might not be done immediately, it depends on the bank. Find out from the bank. They will use the official bank rate.

          1. I’m using Zenith bank and the official CBN exchange rate for pounds is really high.. the bank said 490.. is this ryt

      8. please, how can I pay fees with my dollar Visa Gold card, issued by first bank. I have a domiciliary account with them. I am already in Russia. All the substantial amount for fees is in the card. I have online banking platform withe bank too. how do I go about payment as authority is no longer allowing me freedom.

        1. You need to find out the different payment methods from your school. This will help determine if your dollar Visa Gold card will work.
          I’m afraid; I may not be able to ascertain that considerable other factors which may come into play.

      9. pls, may I know how long it takes Zenith bank to effect my Tuition payment to be made on the 9th of october? Destination is New Zealand. Thank you

      10. Good evening Emma. Please how much is the Cbn exchange rate to pay school fees abroad. And is there any related charges. As well as how long does it take to process the transfer

      11. Good afternoon, I would like to know the documents required for Form A. My bank is insisting I drop my university certificate before they do the transaction. I’m of the opinion this isn’t necessary. All that is need is the admission letter from the school and the invoice. Am I wrong?

      12. Hello Emma, very good work here really helpful and problem and solving, please I want to know the role of cbn in getting money back when you decide to cancel a transaction while paying with westerunion business solution for school fees to Australia. I wanted to pay the school fees for Sydney university but it didn’t go according to the bank and now I want to pay for flinders but they keep telling me that the money is with cbn and they are waiting for cbn to return it, please explain to me how cbn can hold the money and for how long. Thanks.

      13. Hello Emma
        Please.. can I withdraw pounds cash in UK with a dollar card of a *dollar* domicillary account I opened in Nigeria?

      14. thank God ooo, first Bank sent me my TELEX COPY today, is dat shows dat the school has received the payment

        1. Hello Sulaimon.
          Please can you confirm if your school has received your payment because i just got my telex copy from my bank today but do not know yet if the school has received the payment.

      15. Sulaimon Babatunde

        EMMA good day sir,
        is there any way I can track my FORM A status to check whether it has been treated or not

        1. Hello Sulaimon Babatunde,
          Your School should be able to send you an acknowledgement message confirming the reception of your school fees payment once it reflects.
          If you don’t not receive message from them after 7-14 days, please contact your school to find out what happened.

      16. Sulaimon Babatunde

        Hello Emma,
        I paid $2000 through “FORM A” yesterday and First Bank deducted my money today, as they have deducted my money today, how long will it take the payment to reflect in the school account

              1. Sulaimon Babatunde

                yes u said it see it here

                JULY 28, 2016 AT 2:54 PM
                My bank had just sent me an alert for debits after months of submitting my form A. How long will it take to reflect in my University account? Will CBN send me an email or something?
                 REPLY
                JULY 28, 2016 AT 4:36 PM
                Hello Habila Haziel,
                Your university account will be credited immediately once your bank has debited you. CBN will NOT send any email to you.

        1. Sulaimon Babatunde

          Emma pls I would like to know all the required documents to take along to the bank if am paying through CBN form A, and how long would it take First Bank to remit the payment

          1. All you need to do is visit Firstbank if you operate account with them and then present your evidence of your admissions. Every other thing can be sorted out. In terms of how long it will take for Firstbank to remit the payment, I wouldn’t be able to say that because it depends on;
            1. the number of school fees to be paid that are on queue.
            2. if the bank has forex for the payment.
            So, all you have to do is to find out from them.

        2. hi Emma,..I wanna know if domiciliary acct charge at the exact exchange rate,if I wanna pay my fees in South Africa.

        3. Sulaimon Babatunde

          Hello all,
          I would like to hear from anyone who had used GTBANK or ZENITH form A, to pay school fee abroad and how fast it was then

        4. My school is resuming September 18 2017 and my feed is quite high, I want to know if I can use cbn to get d exchange rate for 305 which I saw earlier on, pls advice me asap


          Hello all am about to pay my school fee to an University in USA through form A and want the payment to reach the school within a month, please I want know the bank with the fastest form A and more so what’s the exchange for form A if am paying $3,000

          1. Hello SULAIMON BABATUNDE,
            There are a lot of factors that determines how fast the bank will send school fee. Example 1. if there are already too many school fees on the queue. 2. if the bank does not have enough forex. Find out from the bank you wish to use how fast they will send the school fees and their exchange rate.

        6. Please can someone tell me what Form A exchange rate in euro , I apply for form A using 1st bank for 1771 euro I deposit 750 thousand over 1 month now today the called me that I have to add 70 thousand now I calculate western union is for cheap and that’s impossible because Form A suppose to be cheap please I need to know the exchange rate for form A in euro

          1. Hello Wilson midawa,
            You have the right to ask them the exchange rate and the charges they are deducting. 750,000 naira should be enough no matter the exchange rate and the charges.

        7. Please, How long does it take zenith bank to transfer tuition fees to canada in canadian dollars. coz av paid since last week and they av nt sent it to my school.

        8. Hi Emma, I filled the form A today to pay a UK university tuition fee but I’m surprised they calculated the amount in dollars, the bank said I can’t bid for pounds that they had to convert d amount in pounds to dollars which I filled in the form. Now I’m afraid the money may not get to the school in pounds. is that how it is done ?

        9. How long does it take a domiciliary transfer to hit the designated bank and how can one know when the school has received it.

        10. Morning Emma, I spoke with the bank and they said they will be able to reach my deadline which is this Friday. Even though they said that I’m still concerned because at first they said it will be done in two weeks and now it’s d fourth week and yet nothing has been done and the deadline is around the corner. I don’t understand. Pls what do I do?

        11. Good day Emma, about my payment of fees dis is d third week and d transfer has not been done and I have only wk left. I called my bank and dey said cbn has not got d allocation of funds they were expecting. Pls do u know wen cbn will get d allocation?

        12. Gud day Emma, I tried paying try form A to a college in Canada,but i got a call from first bank DAT the money in my account won’t be enough for the transaction,I funded the acct based on the official CBN rate I saw on a broad in d bank DAT is 316,but d bank official told me first bank send money tru form a at 375 per dollars.his true is dat,I thought dey do it at CBN rate.

        13. Morning Emma, Pls I wanted to ask how long will take for d money to reflect in d receiver’s account after my account has being debited

        14. Bro. I applied for form A on the 6th of March, money was just withdrew from account 14th March. Till now my student account is still 0 ,what’s happening?

          School says it takes 10 working days to reflect on the student account. Does that really matter, isn’t supposed to appear immediately as the money has been withdrew already.

        15. thanks for ur response.. I mean.. like how much will cbn allocate for one pound if I use the form A? I’m just trying to see the difference between the normal interbank rate and that of form A.
          I want to pay £3000 to a school in uk this month.

            1. Hello Emma. My bank which is first bank said two weeks but I’m kinda concerned of how people are complaining of how their payment takes so long to reach the school they are paying for and I don’t have the luxury of time.
              Though I applied for it on the 6th, I just want to know how long it would take for it to be transferred.

        16. I was given an unconditional offer in a school in uk and i was told to pay 1000pounds b4 March 30. Pls which is the fastest way to make the payment b4 d date as i currently operate an account with UBA.

        17. Please if you really need to use form A go to urr bank currently all form A have been allocated forex except if ur application wasn’t well done,on friday 17th February 5people i guided said theirs have been allocated fx at 380 per dollar

        18. Emma please since 2nd February i was debited of form A by first Bank,4000pounds plus bank charges, firstbank hvnot given me my telex copy each time i go there they say they hv technical problems wl send it soon,this is 15th February, 13days now,even when they claim they have transmitted the payment, the school haven’t received the money, do i hv anything to worry about?

        19. Hello Emma
          I will leave for Australia by weekend and I’m still in dilema as to how to pay my school fees. I got my visa last Monday. What do you suggest? Please this is urgent

            1. Hi Emma
              The problem is the policy against moving naira out of the country. Only dorm account is acceptable means of transfer which i do not have

              1. @Keff John, does your school accept payment by cash? If yes, I’ld advice you to buy some bitcoins amounting to your school fees or half of it. When u get there, sell ur bitcoins for AUD. Go to the bank and make your payment

        20. Dear Emma Onyeka,

          Good day,
          Kindly I would very appreciate if you can assist me in confirming the value of 14,000 Australian dollar which is amount for my tuition there.
          Please bear in mind that I just want to know the estimational value and not specific or exact.

          Thank you

        21. Please i have Dom account with STANBIC IBTC and i intend funding it by getting USD through the black blacket. the issue is i have a tuiton deposit of 7500 Cad dollar to make in a school in Canada, at what rate will this tuition be paid in canadian dollar since i have USD in my account?

        22. Pls advice me, l want to pay for my Application form
          for a program in Canada , l intend to use GTB with my ATM but is not going through. Can u enlighten me the procedure and what is requested to do

        23. Good day, Thank God i found this site. I was surfing information on how to pay for my brother’s acceptance fee in canada CAD2000. Can i pay this through my dollar dorm account? Got rumour that you can’t send pass a specified amount/limit. Can dorm account do the transaction as at now?

        24. @Emma, Thank God i found this site. Welldone! Can I use GTB naira master card to pay for my Australian school fees or better still which banks Naira cards can work, I have barely 3 weeks to do this. Thinking of best options I have now. Kindly Advise.

          1. Hello Michael Ayidu,
            It all depends on your school. Some schools abroad accept payment via MasterCard card while others don’t. So, find out the school fees payment options from your school. Outside that, you can pay via domiciliary account, form A and other third parties.

        25. Hello, please can I pay my rent fee abroad with the form A with my Gtb Nigeria account? I’m a student and I have my admission letter with me, but I need to pay accommodation fee to my school housing agent.

        26. Hello Emma, with domiciliary account transfer how long does it take before the school receive the payment. Was it immediate?

        27. Incase u know anyliable agent who can help me with cheaper rate of pounds to pay tuition of 5000 pounds to a school in Uk,do u know any bank their form A is working currently,

          1. Asalu Uche,
            I can help you inn paying your tuition fee in UK, we use current the exchange rate as at the date of transaction. we are based in london. All you need do is to pay in our Nigerian Bank Accout while we pay the equivalent pounds to your University.

            1. Hello Praz,

              My name is Akin and, please, I will like to know what your exchange rate to the Sterling is.
              I need to pay for goods bought in the UK real fast.

              Your swift response will be appreciated.

        28. Hello Emma,
          i want to pay my school fees($7000) . The school is located in the USA. The school accepts mastercard/visa credit or debit card.
          My question is can i use my GTB Naira mastercard for this payment?since there is a $100 limit per day on gtb cards.

        29. hi, i must say you are doing a very great job on your forum here, and i am sure a lot of Nigerians including me appreciate your selfless advice’s towards the payment of international fees , now to my dilemma , i recently applied to a school in Scotland for my post graduate studies and i was offered a conditional admission which will become permanent on the payment of 40% percent of the fees , i intend on paying about 5000 (pounds)using first banks form A before the 17th of December because the deadline for the payment is the 19th of December, now from the comments here and from what i have heard i am worried that the fees might not reflect before the deadline given ( dec 19) of which i am expected to process my visa application using the cas that would be sent if i intend on resuming by January 22 2017 . What i want to know is , would the fees reflect in about 3 days using first banks form a or i should just go ahead and use a domiciliary account funded by pounds from the black market ?. i look forward to your earnest reply . Thank you.

        30. hi,I made a form A payment of 19,000(5000 x 3 & 4000)to my UK university on the 17th of September,till date the school is yet to receive payment.

            1. Mr Onwuka,
              i have the same issue with Austine. I have contacted my BANK severally but they keep telling me its not their fault but CBN is the one delaying the release of my tuition fee to my UK university.
              So what is your advice

          1. Hello Muyiwa,
            1. The institution you are paying to can provide their bank details and you pay through your domiciliary account if you have one.
            2. You can also pay using MasterCard depending if the institution accepts MasterCard.

        31. On 23rd October, 2016 I received an e-mail from GT Bank telling that the international limit on my Naira Mastercard has been reviewed downwards to $100 /month (POS & Online) and ATM withdrawal is restricted abroad.
          Today i tried to make an online transaction of $100 but the transaction was declined telling me that daily limit exceeded. I wonder what does it mean. Please do you know why it was declined?

            1. The same statement made by the bank but to open a domiciliary (dollar) account i need to travel home (Nigeria) or is there any other way to do it while abroad?

        32. My school in uk accept MasterCard, I was told in bank that MasterCard can no longer pay tuition fees abroad. If I decided to use my MasterCard to pay my fees, if the payment declined, will the money get missing or it will return back to my account. Awaiting your reply urgently.

        33. I applied for form A through First Bank since 24th September and I am yet to get a response from the bank. The bank called me a few days ago to say that the form was declined because there is no AUD available( I applied for payment of tuition in Australia), they asked it be converted to USD. The bank official used their converter and converted it to USD and relaunched the application. I have some concerns however, he converted 19013 AUD to USD and it ampunted to 11800 USD. All the other exchangers I used for the convertion were between 14000-15000 USD. My questions are.
          1) I hope when the money gets to the school it wont be less than I was supposed to pay thereby putting me through the whole process of waiting again for my form A to pull through.
          2) Does this form A usually take this long? from 24th September till now is over a month and I am running out of time.
          3) What other reasonable alternative do I have and how do I go about it.?

          1. Hello Somto,
            1. It won’t be less than what you are suppose to pay.
            2. Yes, form A takes that long. So, it is advice you start earlier.
            3. Depending on the institution, you can via your credit, Visa or MasterCard. You can also pay through third parties like skrill, Payoneer etc.

            1. Hello I saw many answers given by with relate to send school for those study abroad. My question is that, how much does dollar cost when it come pay school fees or medical issue durectly to abroad ?

        34. Hello I’m trying to understand how people pay tuition fee when most banks cut their POS/internet limit on cards to $100-300 per month

        35. Hi,i am applying for postgraduate program in some schools in US. I am supposed to pay for my application fees with a mastercard or visa. Banks have stopped foreign transacation with naira mastercard. Please how can i go about paying for my application fees?

            1. Mr Emma Onwuka
              Please, i want to be frank with you. Since October 10, 2016, i cannot make any transaction with naira mastercard in U.K uptill now. So what is responsible?

        36. Mr. Emma, Morning sir,
          Kindly brief me if you have any knowleged of paying tution fee through Micostarmall. How long does it take Micostarmall to process a fee to an european university?
          Also, in case of using GTB Dom account which was newly opened. if its funded, can one perform outflow transfer fund with it immediately its funded ?

        37. Hello sir, please do you know how long it will take for my school fees to be paid by using the Form A at First Bank?

          Also I can I use travelex to fund a domiciliary account?

          1. Hello Great,
            I am not quick in talking about international money transfer operators (IMTOs) (whether online or offline) especially those that does not domicile or operate in Nigeria

        38. It is neither a business account nor a third party involved. I did it online successfully on the website. What do you mean by a third party because I don’t understand how the money was exchanged at that rate? What I think is all Nigeria master cards should be exchanged at the official rate no matter where it is being used. What do you think could have happened since you are still insisting it is exchanged at the official rate when used for online international transfers.

            1. Ok thank you. You haven’t given a reply to my comment about the master card payment. You can reply it to my email address since I’ve provided it. Thank you!

                1. The one you said you were going to reply to in the next two days about why the first bank master card which was used for paying application fee online on international level was exchanged at the black market rate and not at the official exchange rate. Thank you!

        39. Are you sure it is at the official rate that bank master cards use for online international transfers because I used my first bank master card to pay for my application fee and I was charged at the rate of #460 per dollar which I think should be the black market rate and not at the official rate of #315 to a dollar as at today. Thank you!

        40. Thanks for your reply, I appreciate! Since you stated that Banks naira master card is at the official rate that means I can use my Skye Bank master card to pay for my tuition and I will be charged at the official rate and not at the black market rate. Another reason I will like to use it is because it is faster than using form A which takes month to deliver. Thank you once again.

        41. If a person were to use form A to pay for the international tuition fees, is it at the official rate the person will be given to pay for the the tuition? If not, how will the person go about it to pay for the tuition using the Cbn rate?
          If a person were to use the domiciliary method of payment, what foreign exchange company gives the Cbn official rate of dollar to naira or any other lesser rate so that a person can use it?
          Do you know banks in Nigeria in which their naira master card foreign exchange rate in which their exchange rate is slightly different from the official rate because I know no bank will want to give the Cbn official rate and you know the dollar is not smiling against the dollar at the moment.
          My last question is that is there limit of amount per day to pay for international fees using naira master card and what is the limit of amount if there is or do you know of any bank which their master card has no limit? Thanks in advance and thanks for the beautiful write-up.

          1. Hello Femi,
            1. You ask and I quote; “If a person were to use form A to pay for the international tuition fees, is it at the official rate the person will be given to pay for the the tuition?”
            Answer; Yes! It is at the official exchange rate.

            2. You ask and I quote; “If a person were to use the domiciliary method of payment, what foreign exchange company gives the Cbn official rate of dollar to naira or any other lesser rate so that a person can use it?”
            Answer; No foreign exchange company gives at the CBN official exchange rate in Nigeria. You can only buy from parallel or black Market to deposit into dom account.

            3. You ask and I quote; “Do you know banks in Nigeria in which their naira master card foreign exchange rate in which their exchange rate is slightly different from the official rate because I know no bank will want to give the Cbn official rate and you know the dollar is not smiling against the dollar at the moment.”
            Answer; Every bank in Nigeria uses the official exchange.

            4. You ask and I quote; “My last question is that is there limit of amount per day to pay for international fees using naira master card and what is the limit of amount if there is or do you know of any bank which their master card has no limit?”
            Answer; I don’t know.

        42. Pls sir firstly about the dom account . Like how many days can the transaction reach the school ?
          Also about the third party can you help me with anyone I can meet here in Ogun state sagamu or Lagos state.
          lastly whether dom account or the third party how much in naira can they collect for 250Canadian dollars for buying a form?
          flash me with this number so I can call u to ask more. 08026576994

        43. Hello Emma,
          Pls is the ban for form A lifted, and how long does it take to make payment using form A because I hv applied for almost a month now from Firstbank and there is no reponse yet.

        44. Hello Emma, your platform is so informative and I love it. Please I want to know what rate is used when you pay your school fees with naira master card, how high are the charges from the bank?

          1. Hello Emmanuel Edise-emi,
            You will be charge at the official bank rate. Remember, this exchange rate changes every 4 minutes. The charges varies depending on your institution location.

        45. @Emma, I think the only acceptable means of payment is through bank wire. Best thing is to get the Domicilliary account funded. Brother, how about Payza, do you know things about it?

        46. Hello Emma,
          In fact the issue of Form A, I don’t think it’s effective any longer. Having tried both First bank and Stanbic IBTC, me man still expecting. Please if to use travelex in order to get my Dom act funded cos that’s seems to be the last resort now. How do I go about it, means of transaction,becos on there site, these are not clear. Or any mean that you suggest to the euro paid.

        47. I am also looking for a way to pay tuition to Australian school. They accept card payment online. Is there any restrictions as to the amount one can pay using a Naira funded cards? Also which card is better visa or MasterCard? The school accepts both. Finally, which bank charges at the official rate. I called Fcmb customer care and the exchange rate for card payment is even higher than black market price N440/$ as of yesterday which is 14/09/16.
          I’m thinking of using eco bank or sky bank.

          1. Hello Uche,
            Yes, there is a limit that you can transfer online using your Naira MasterCard. The limit will probably vary ( as in when transferring from personal account to a corporate account, personal account to personal account, corporate account to personal account). You can find that out from your Bank.
            Use your MasterCard for this transaction. If you have GTBank account, use it.

        48. First bank finally sent me details that my Form A has cleared and the amount debited. However, this was on the 7th of September and the school has not confirmed they received the amount yet. Moreover I was asked to fill a Form M as well, and also a form to authorise the crediting of any charges/problems from the transaction.

          What do you think?

            1. No I am not doing any other transaction. How long will this Form A transaction take? They have deducted the money from my account and are debiting extra charges.

              1. Pls Kay when did you apply for school fees payment using form A with Firstbank? Because I have applied and my aplication is still pending.

        49. talk about naira master card coz am going to china for study so am asking which bank is good to use their master card and
          please explain how do i do it in china just like guide me please

          1. Hello ETUK,
            It depends on the Canadian School. Some of the Schools in Canada accept Naira MasterCard while others don’t. So, find out from the Canadian School. The best and fastest means would have been wire transfer via domiciliary account if you have one. Another means would have been through Form A but, Oosh! you have to queue up until it reaches your turn.

          1. Hello Sadiq,
            Which type of MasterCard are you talking about-Dollar MasterCard, Naira MasterCard etc. Anyway,, whichever one; GTBank MasterCard remain the best for me.

          2. yes naira master card i going to study in china so i want to knw and if i can withdraw with naira master card in china please just guide me explain how i will do it

        50. Thank you for that very informative article.
          But I need to ask. In my own case, since I am resuming for my first year, students are not allowed wire transfer, just cash only until second year and I have to pay in dollars, but my parents are in Nigeria and have naira.
          So I was wondering since the money is for my tuition fees and I already have an account here where I live in Hungary, can my parents put down my own account details in the form A that they have to fill or must it be a school account.

          Thank you

          1. Hello Mini,
            Your parents can NOT put down your own account details in Form A, it must be a school account. The school account is a corporate account not a personal account. Since you have personal account over there, let your parents open a domiciliary account here in Nigeria and then send wire transfer to you.

        51. Sorry that was duplicate but man, according to Zenith bank, Fidelity bank and Keystone bank officials, I was told that international transaction is restricted on naira Mastercard, so how will that work?
          Thanks brother.

          1. Hello Ifeany,
            In this recent time, GTBank Naira MasterCard has been used to pay school fees abroad. What those bank officials say does not matter. What matters is, does your institution accept Naira MasterCard? If yes then check the naira MasterCard that they accept. It is possible that they can accept GTBank and Diamond Naira MasterCard and reject Zenith bank, Fidelity bank and Keystone bank.

            Some institutions abroad even accept third party payment like Skrill Payment, BTC etc

        52. Man you got good information here. I love that. My institution accepts Mastercard but I heard that there is suspension on naira Mastercard, can the school be able to source tuition fees from naira Mastercard? Is Australian dollars available in CBN as the use of form A depends on the availability of the host countries?
          I look forward to hearing from you at your earliest convenience.

        53. Emma, am so happy to have come across your article, it’s really helpful. I have 2 questions and please I need ya advice. 1) My school accept Mastercard and I want to supply my card details to the school so they can source the fees from it but it I was told that naira Mastercard won’t work oversae due to the ban on it by CBN. Can the school be able to source the tuition fees from my naira Mastercard? 2) With the use of Form A, is Australian dollars available in CBN? Bank officials told me that it depends on the availability of the currency. Please I need ya advice ASAP. Thanks and remain blessed.

          1. Hello Ifeany,
            1. “Can the school be able to source the tuition fees from my naira Mastercard?” The answer is YES! They can.
            2. The issue is NOT Australian dollar being available in CBN; the truth of the matter is that Form A is not working (as it supposed). The window is always close.

        54. Please can you confirm if the temporary suspension of the Form A has been lifted now? What is most viable to pay school fees for a foreign school from Nigeria ? What is the current status of the CBN policy on repatriation of funds to say a foreign school from Nigeria

          1. Hello Deniel,
            The ban has not been lifted though banks can accept your form A when filled pending when the window is open. Those who have filled form A for school fees payment since 2 months ago, their payment are still pending. There are many viable means to pay school abroad but it all depends on your institution.
            Some institutions accepts MasterCard or VISA card.
            Some institutions also accept third party payment like Skrill money payment
            But the most sure ways I know all institutions accept school fees payment via international wire transfer through domiciliary account and form A.
            The status of CBN policy on repatriation of funds to say a foreign school from Nigeria has NOT change.

        55. This is so informative, Am a bit at rest. Intend paying my UK tuition fee today Through Diamond bank Domiciliary Account. Also gather more information about paying tuition fee abroad. My school Accepts Master and Visa card. Hope to know the transfer limit and which has lesser charges.
          Good work man.

          1. Hello Demmy,
            The transfer limit via domiciliary account is $10,000 per day. The charges are;
            for outflow = 5% commission and inflow = 0.5% commission. But, you can pay with your Master card since your school accepts it.

        56. Please can you confirm if the temporary suspension of the Form A has been lifted now? What is most viable to pay school fees for a foreign school from Nigeria ? What is the current status of the CBN policy on repatriation of funds to say a foreign school from Nigeria

        57. Hello
          Please I’d like to know the exchange for naira to pounds when using travelex to fund my domiciliary account and also how long it takes for the account to be funded.

        58. Emma,
          Please how do I exchange my naira to dollars from travelex in my dorm account so as to pay my school fees from Nigeria?
          Also,what is there rate of exchange parallel rate or official rate?

          1. Hello Wizdave,
            I don’t understand your first question. Please, re frame it.
            As of yesterday, naira crash to N390/$ at black market while the official rate is N318.5/$. We waiting to see changes today.

        59. I Submitted my Form A for payment in Firstbank since first week of JULY but till now nothing has been done and I ssuppose to start school by September , don’t know what else to do

          1. Hello Chika,
            I will rather suggest you visit Firstbank to know what is going on. If the temporary suspension of form A is not lifted, it is likely that the payment will not be made unless Firstbank gave you guaranty that the payment will be made.

          1. Hello Nathaniel,
            I have seen people who use GTBank, Fidelity bank, and Firstbank (relatively slow) to pay their school fees abroad. I have NOT seen for that of ECO BANK.

        60. My bank had just sent me an alert for debits after months of submitting my form A. How long will it take to reflect in my University account? Will CBN send me an email or something?

              1. Hello Asalu uche,
                There is no place I specify days it will take banks to get the money to school. What I said is that you have to start earlier; at least 3 months earlier before resumption after-all banks school fees payment duration varies.

        61. Thank u very much, I guess using d master card will b faster in processing than the form A. Cuz am suppose to resume by August 30

        62. What about paying via credit card like visa or master card. Bcuz in d payment form i receive for Thompson Rivers University in Canada, they sent a form that I can fill and input either a visa card, master card or an American express card no: in d form it also contain d amount am paying. Am ask to fill n returned d form to their email……….My question now is, is dis medium reliable n free from cyber theft. Also will it b done using my naira account?

          1. Hello Kris,
            You can use your MasterCard to pay for the school fees since the University specifies that.
            Once, you are sure that you are dealing with the University directly then you are 100% safe. They can not just deduct your money without your bank notifying you via SMS alert.
            Your Naira MasterCard will possible work.

          2. Hello ,i also applied in thompson rivers and i have been having difficulties in paying.pls can we tok beta my wotsapp no is 07064702364.tnx will be expecting u to chat me up.

        63. I just paid my wife 4500 Euro school fees here but I still need to move 1.2m naira to my account here, it’s so sad what’s happening to our country because…… I sent 5k Euro home to get that one million and now it can only trade at 3000 euro, now i need to add up 5k Euro for block payment , that’s how i came across ya site and it’s very informative ….. Thanks brother

        64. To me i think first bank is the best with the form a process they are fast and reliable unlike othee banks……I made school fees payment through zenith bank using form a since on may 18 I scanned and sent the telex they gave me to the school but I got a mail from the school yes2day stating dat they have not received my payment resulting to dem advicing me to defer my admission to Jan when I already got a visa for sept.

          1. Hi John, Hw did d embassy gave u a visa? Did d school sent u an acceptance letter after receiving the telex of ur payment, even wen d money has not entered their account???
            Pls I want to knw

        65. I went to different banks today and they confirmed there is a suspension for FORM A payment since last week ,apart from a Dom. Account ,can I arrange with the school to use western union and the currency is Euros . about 3200euros

          1. Hello Roy,
            You’re right! Sorry for the inconveniences. The information has been confirmed.

            In terms of Using Western Union
            You can NOT use Western Union money transfer to pay for school fees.
            1. the amount (about 3200 euros) has exceed the western union maximum transfer limit.
            2. the western union money are received by individual in person or individual account not on companies’ or corporate’s account

            1. Hey,

              Please, do you have any idea regarding the status of form A? Are there any suspension or delay in its processing time? My dad informed me of filling the form A form, since last month for my tuition fee. However, my school has yet to receive the funds. He was informed by first bank today that they haven’t gotten a response from CBN. I am hoping you can share light on my situation or perhaps, offer me any viable suggestions for paying my school fees without much hassle.

              I hope to hear from you.

              1. Hello Sophie,
                the Form A is still temporary not available. There are many ways you can pay your tuition fees abroad depending on the University.
                1. Some school payment system can accept MasterCard.
                2. Generally, bank Wire transfer via domiciliary account is the best. However, not everybody has domiciliary account.
                3. We have third parties who are into that but I don’t talk third parties here unless those I am sure are sincere.

                1. Thanks for the information, but I was to know. How is the exchange rate when you pay with your masters card?

        66. This issue is quite sad oooo i know of a family who their child had to return back to Nigeria because of this. Well like you said i think starting early enough is just the only way forward

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