Our Services
At SevenLocks, we offer more than just currency exchange. From personal travel allowances to corporate FX strategies, our suite of services is designed to provide secure, fast, and compliant financial solutions tailored to your unique needs.
Currency Exchange
Buy and sell major foreign currencies (USD, GBP, EUR, CAD) for personal and business travel.
Travel Money & Prepaid Cards
Secure prepaid cards for cashless transactions abroad, including Personal Travel Allowance (PTA) and Business Travel Allowance (BTA).
Forex for Students & Professionals
Foreign currency support for tuition, medical bills, and professional fees abroad. Prepaid cards ensure quick and secure payments.
Corporate FX Solutions
Streamlined foreign exchange for businesses, employees’ travel, and overseas payments, fully CBN-compliant.
Online Client Portal
Track transactions, upload KYC documents, and access prepaid card balances securely.
Exchange Rate Updates
Daily updated rates for major currencies with instant notifications for registered users.
Compliance & Security
CBN-licensed, AML/KYC-verified services, ensuring safe and transparent forex transactions.
Financial Advisory
Navigate the complexities of the foreign exchange market with expert guidance.
Frequently Asked Questions
Have questions? Browse our most common topics below or contact support for immediate assistance.
Is SevenLocks licensed by the CBN?
Yes, SevenLocks is a fully licensed Bureau de Change regulated by the Central Bank of Nigeria. We adhere to all AML (Anti-Money Laundering) and KYC (Know Your Customer) policies to ensure your funds are safe.
What documents do I need to exchange currency?
To comply with CBN regulations, individuals need a valid government-issued ID (International Passport, NIN, or Driver's License) and a BVN. Corporate clients will need to provide company registration documents (CAC) and valid board resolutions.
What is the difference between PTA and BTA?
PTA (Personal Travel Allowance) is for individuals traveling for personal reasons, allowing up to $4,000 per quarter. BTA (Business Travel Allowance) is for corporate travel, allowing up to $5,000 per quarter. Both require valid visas and return tickets.
Can I lock in an exchange rate in advance?
Yes. If you are planning a large transaction, you can contact our team to discuss forward rates or spot contracts to secure a specific rate, protecting you from market volatility.
Do you accept bank transfers or only cash?
We accept both. For security and convenience, we highly encourage bank transfers. Cash transactions are also available at our physical office, strictly adhering to regulatory limits.
How long does a transaction take to settle?
Most cash transactions are instant. Bank transfers are typically processed within minutes, though the final settlement depends on the banking networks. We ensure you receive confirmation immediately upon completion.
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Ready to Exchange?
Don’t leave your finances to chance. Whether you are traveling for summer, paying school fees, or managing business logistics, chat with us now to get the best rates today.