Statement 

Nweke Holding Company Ltd and its subsidiaries conduct transactions in Nigerian Naira (₦) as the primary operating currency. For continental and international transactions, foreign currency payments may be accepted subject to applicable regulations and banking policies.

Currency Basis

• All local (Nigeria) transactions are processed in Nigerian Naira (₦).

• International invoices may be issued in USD, EUR, GBP, or other agreed currencies.

• Where payments are made in a currency different from the invoice currency, exchange conversion will apply.

Exchange Rate Determination

Foreign currency conversions are based on:

• The prevailing exchange rate provided by our banking partner at the time of transaction processing; or

• The official rate published by the Central Bank of Nigeria where applicable.

Exchange rates may fluctuate daily, and final billed amounts may vary slightly due to:

• Bank processing time

• Payment gateway conversion fees

• International transfer charges

Responsibility for Charges

Customers are responsible for:

• International bank transfer fees

• Correspondent bank charges

• Currency conversion costs

• Any applicable cross-border transaction fees

The Company shall not be liable for discrepancies arising from third-party financial institutions.

Refunds in Foreign Currency

Where refunds are approved:

• Refunds will be processed in the original payment currency where feasible.

• The amount refunded may differ due to exchange rate fluctuations between payment and refund dates.

• Any intermediary bank fees remain the responsibility of the customer.

Regulatory Compliance

All foreign currency transactions are conducted in compliance with applicable Nigerian foreign exchange regulations and anti-money laundering requirements.

The Company reserves the right to request additional documentation for international payments where required by law or banking institutions.