Stanford Bureau de change is an affiliate of IMFB. It was licensed on October 20, 2006 by the apex bank (CBN). Its activities include:
Bidding and purchasing foreign currency (usually dollars) from the CBN for its customers and the onward sale to private companies or end users
International money transfer for the payment of school fees, mortgages etc
Exchange of foreign currency for local currency and vise versa
Payment of local currency for money transfers from London through a dedicated agent – Doveland UK Limited.
OVERDRAFT INFORMATION
IMFB offers overdraft facilities to our esteemed customers for effective business growth and recapitalization. However, there are basic conditions to qualify a customer for an overdraft facility namely:
Customer must have operated a current account for a minimum of 3 months
The account must have recorded a high turnover on transactions
The monthly turnover must exceed the overdraft amount by at least 200%
Customer must present a minimum of 2 guarantors
Each guarantor’s net worth must be 5 times in excess of the overdraft amount
Customer might be expected to present collateral, which vary from company shares, landed property etc. This is dependent on the overdraft amount and terms of repayment.
DOVELAND UK LIMITED – MONEY TRANSFER SERVICES For money transfer services, please contact us at the address and phone number below: Office Address: Unit 50, Brockley Cross Business Center, 96, Endwell Road, SE4, 2PD, Brockley, London
