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FAQ: Do I Need to Fill out Exchange Control Forms (A or M) When Paying International Suppliers Through Juicyway?
FAQ: Do I Need to Fill out Exchange Control Forms (A or M) When Paying International Suppliers Through Juicyway?
Updated over 2 months ago

Question:
Hi there, I just want to confirm something. My company would like to pay a supplier in the US โ€” we normally use traditional bank channels and always have to fill out Form A or M for exchange control reporting. So I wanted to confirm if we'd still have to do exchange control reporting if we were to use Juicyway.

Answer:
Not at all! ๐ŸŒโœจ

With Juicyway, paying a supplier in the US (or anywhere globally) is as simple as paying any supplier in Nigeria. ๐ŸŽ‰ No need for tedious paperwork or filling extra forms like Form A or M.

Hereโ€™s how you can pay a supplier in the US:

  1. Transfer: Go to the Transfer section on your Juicyway dashboard.

  2. Select Currency: Choose the desired currency (e.g., USD).

  3. Add Recipient: Input the recipient's details (business or supplier in the US).

  4. Enter Amount: Specify the amount you want to send.

  5. Send: Review the details and hit Send.

And thatโ€™s it โ€” no fuss, no forms! โœ…

Weโ€™ve simplified the process so you can focus on growing your business while we handle the heavy lifting.

Go global, the Juicyway! ๐Ÿš€

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