- No. 3, Aso Drive, Maitama, Abuja, Nigeria
- info@brimstonebdc.com
+2348033208503 +2348084500756 +2348163915705
info@brimstonebdc.com
No. 3, Aso Drive, Maitama, Abuja, Nigeria
08:00AM - 06:00PM
09:00AM - 05:00PM
We're Closed
Yes. Brimstone BDC is a fully licensed and regulated financial institution. We operate in strict accordance with the Revised Regulatory and Supervisory Guidelines for BDC Operations in Nigeria, ensuring all transactions are legal, secure, and documented.
In line with CBN AML/CFT (Anti-Money Laundering/Combating the Financing of Terrorism) regulations, every customer must provide a valid Bank Verification Number (BVN) or National Identification Number (NIN), alongside a government-issued ID (Passport, Driver’s License, or Voter’s Card) for all transactions.
Eligible individuals can access up to $4,000 per quarter for personal travel. To comply with regulatory standards, applicants must be at least 18 years old and provide a valid Nigerian passport with a relevant visa and a confirmed return flight ticket originating from Nigeria.
Following the latest CBN digital transition directives, BDCs are mandated to cap physical cash disbursements. Currently, customers can receive up to 25% of their approved allowance in cash, while the remaining 75% is loaded onto a multi-currency prepaid card for secure international use.
Corporate travelers can access up to $5,000 per quarter. In addition to standard travel documents, a formal letter of request from the corporate entity, the company’s Certificate of Incorporation, and a valid Tax Clearance Certificate (TCC) are required for compliance.
Yes. BDCs are authorized to process forex for overseas education. You may purchase up to $10,000 annually for tuition and upkeep. This requires a duly completed Form A, an admission letter from the overseas institution, and a formal invoice for the fees.
For healthcare needs abroad, you can access up to $5,000 per transaction. Compliance requires a letter of reference from a specialist doctor in Nigeria, a formal invitation/invoice from the overseas hospital, and evidence of travel.
Absolutely. To ensure transparency and eliminate "round-tripping," all transactions are recorded in the CBN’s automated reporting system (FIFX). Payments for foreign currency are settled via bank transfer or POS to ensure a digital footprint within the formal financial system.
Providing misleading documentation or utilizing forex for purposes other than those declared is a violation of the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act. Defaulters risk being blacklisted and reported to the Nigerian Financial Intelligence Unit (NFIU).
We trade at the prevailing market rates as determined by the Nigerian Foreign Exchange Market (NFEM). We are committed to price transparency and adhere to the maximum 1% margin allowed by the CBN on retail transactions to ensure you get fair value.
