Monday, December 20, 2021

Fidelity introduces e-Form for non-commercial exporters - ITREALMS

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Fidelity Bank Plc has introduced an electronic Form (e-Form) for the non-commercial exporters (NCX) effective November 30, 2021, reports 
ITREALMS.
The bank in an outreach to the customers available to ITREALMS, said this would allow non-commercial exporters to initiate the form from anywhere they are and submit same to the bank.
The bank also cautioned about the processing of e-form NCX, which it said shall only be done on the Trade Monitoring System.

“There will be a charge of N5,000 as fee per declaration of e-form ‘NCX’” the bank informed.

In addition, Fidelity said that all hard copies of Forms ‘NCX’ established on or before November 30, 2021, shall be utilized within 90 days of the establishment of the form.

All established hard copies of Forms ‘NCX’ for which shipment has not taken place within the transition period of 90 days shall be deemed cancelled.

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