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Wednesday, January 12, 2011

Post-Export Documentations (Exchange Control Documents)

Upon shipment of the goods, the following documents (called exchange control documents) are required by CBN to be submitted to the bank;
  1. NXP form duly endorsed and stamped by the Nigeria Custom’s Service, evidencing shipment of goods.
  2. Receipt of payment for Nigeria Export Supervision Scheme (NESS) fees i.e naira equivalent of 0.5% of the FOB value of the shipment
  3. Single good declaration (SGD) form issued by Customs
  4. Clean Certificate of Inspection (CCI) issued by Cobalt
Other documents
  1. Bill of lading
  2. Invoice
  3. Packing list

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