The Trade Monitoring System, hosted at Tradesystem gov, empowers authorized dealers with a comprehensive tool for reviewing exporter submissions and validating trade forms. The site can be reached at tradesystem gov ng/ login, where users may enjoy a safe and secure account with the added option of recovering a forgotten password through an email process on the page itself. Currently, TRMS is compatible with such popular browsers as Microsoft Edge, Google Chrome Internet Explorer, and Firefox. A training manual for the submission of information on Form A is available at trms.freshdesk.com and provides complete instructions about how to proceed with steps 2-5 in detail. Controlled by the Central Bank of Nigeria (CBN), it is responsible for reviewing applications, including forex requests.
Registering on Tradesystem gov ng for E-Forms
Hey there! Applying for foreign exchange to pay fees or travel abroad? The process just got easier with the new online e-forms at Tradesystem.Gov.Ng. I’ll walk you through how to register and apply in a few easy steps.
Getting Registered
First things first – create your account. Have your BVN-linked email or company TIN number handy and visit tradesystem gov. Click “Register Now” and choose either Individual or Organization.
Enter your personal BVN or company TIN and set a password. Check your email for a verification code to complete the signup. So far, so good!
Applying for E-Forms
Once registered, you can apply right online for:
✈️ PTA/BTA – Travel allowance
🎓 School fees
📦 NCX – Non-commercial exports
💰 NXP – Export proceeds
Make sure to have documents like IDs, invoices, statements, etc on hand to upload. Answer all questions thoroughly too.
The e-form then goes through review, verification, and disbursement by bank teams. Check your status regularly in your TradeSystem account. Once approved, foreign cash or transfers get issued straight to you!
The new digital process makes getting foreign currency easier, faster, and more transparent. No more paper forms or long bank queues! Let me know if any other TradeSystem or e-form questions come up.
Applying for PTA/BTA on Tradesystem gov ng
Follow this simple process to apply for your travel allowance:
🔑 Log into your TradeSystem account
📝 Click “Start Application” and select “PTA/BTA”
✈️ Enter your trip details like dates, destinations, etc.
📎 Upload supporting documents – flight tickets, visa, passport page
🏬 Add letter of nomination and incorporation docs (for business travel)
🏦 Enter the bank account number to debit the funds from
🏛️ Choose your bank and branch to process the transaction
📤 Submit your PTA/BTA e-form application
You’ll get an AF number to track your status. Processing takes 1-3 business days.
Applying for School Fees on Tradesystem gov ng
Follow this straightforward process to pay your education fees abroad:
🔑 Log into your TradeSystem account
📝 Click “Start Application” and select “School Fees”
🏫 Enter student personal and school details
📎 Upload docs – passport, admission letter, waec certificate, etc
💵 Indicate school fees amount (max $15,000 per semester)
🏦 Enter the bank account number to debit the funds from
🏛️ Choose your bank to process the payment
📤 Submit your school fees e-form application
You’ll get an AF number to track your status. Processing takes 1-3 weeks.
Applying for Upkeep on Tradesystem gov ng
Here is how to apply for living expenses while schooling abroad:
🔑 Log into your TradeSystem account
📝 Click “Start Application” and select “Upkeep”
🗒️ Enter student personal details
📎 Upload supporting documents
💵 Indicate upkeep amount (max $3,000 per semester)
🏦 Enter the bank account number to debit the funds from
🏛️ Choose your bank to process the payment
📤 Submit your upkeep e-form application
You’ll get an AF number to track your status. Processing takes 1-3 weeks.
Step-By-Step Instructions For Applying For Medical Payments On Tradesystem gov ng
Applying for Medical Bills on the Trade system
Follow this easy process to get foreign exchange for overseas medical treatment:
- Log into your TradeSystem account
- Click “Start Application” and select “Medical Allowance”
- Enter details like a medical condition, hospital location, etc
- Upload supporting documents:
🎫 Flight tickets
📄 Visa
📇 Passport page
🩺 Doctor’s referral letter
🙋 Optionally attach a sponsor letter to debit their account
- Enter the bank account number to debit funds from
- Choose your bank to process the payment
- Submit your medical e-form application
You’ll get an AF number to track your status. Processing is 1-3 weeks.
Cancelling and Re-applying on Tradesystem.Gov.Ng
Did you make a mistake on your submitted e-form? Here is how to cancel and re-apply:
- 🔑 Log into your TradeSystem account
- 📝 Go to Form A > History
- 🔄 Locate the application on the right and click the dropdown menu
- 🚫 Select “Cancel” and enter reason + supporting docs
- 🆕 Start a fresh application with the correct details
Be extremely careful when first applying since changes can’t be made after submitting. Double-check all entries!
Recovering Your Forex Limit After Cancelling
So you canceled an application on tradesystem gov ng to correct some mistakes. But now your remaining forex allowance won’t reset! Annoying, but here’s the deal:
The system won’t automatically restore your limit because it depends on if your BANK or CBN approves the cancellation. Confusing, I know.
Here’s how to get back to square one:
🔸 If you canceled BEFORE getting a form AA number, your PROCESSING BANK must approve it.
Important – The reviewer should reject and the supervisor should approve rejection!
🔸 If you canceled AFTER getting a form AA number, CBN must give the green light.
🔸 Attach a letter explaining why you cancelled plus any other supporting docs. Some banks don’t need this though.
Once your bank or CBN officially approves the cancellation, your forex limit will go back to normal. Then feel free to reapply smoothly.
It’s a tricky system, so reach out if any other TradeSystem questions or hiccups come up! Stay calm and get that foreign currency.
Conclusion
In closing, the Trade Monitoring System portal at tradesystem gov ng offers a streamlined way for individuals and organizations to apply for foreign exchange e-Forms online. By creating an account linked to your BVN or company TIN, you can submit applications for travel allowances, school fees, medical payments, and export proceeds. The site guides you through entering the required details and uploading supporting documents for robust review by bank verification teams. Applicants receive reference numbers to track their status through the approval stages. Once validated, funds get successfully disbursed into your chosen bank account.
Faqs About Tradesystem Gov Ng
Ans. The Trade Monitoring System is a portal that hosts trade forms (Forms NXP, A, and NCX).
Ans. You can fill out the trade forms (Forms NXP, A, and NCX) on the Trade Monitoring System portal.
Ans. ADB stands for Authorized Dealer Bank. The ADB reviewer in Form A refers to the bank that reviews the form.
Ans. You can access the Trade Monitoring System portal at www.tradesystem.gov.ng.
Ans. ADB stands for Authorized Dealer Bank. It is a bank authorized by the central bank of a country to deal in foreign exchange.
