Banks have up to 24 hours to meet all foreign exchange requests for personal travel allowances (PTA) and business travel allowances (BTA), and that is a directive from the Central Bank of Nigeria
 
The maximum volume of BTA approved for sale per customer is $5, 000 quarterly. A PTA customer gets $4, 000
 
The CBN also announced at the weekend a 48 hours timeline for banks to meet all foreign exchange requests for school fees (including allowances) and medical bills applications.