Home Guides How to Buy PTA and BTA from GTBank: Requirements, Application Process, and More

How to Buy PTA and BTA from GTBank: Requirements, Application Process, and More

by James
3 minutes read

Ever planned a trip abroad and felt overwhelmed by the thought of getting foreign currency? Well, GTBank has got you covered with their Personal Travel Allowance (PTA) and Business Travel Allowance (BTA). These are special packages that let you buy foreign currency at official rates set by the Central Bank of Nigeria (CBN), helping you avoid the high rates of the black market. Let’s dive into how you can get your PTA or BTA from GTBank hassle-free.

What are PTA and BTA?

  • PTA (Personal Travel Allowance): If you’re travelling for personal reasons like tourism, medical treatment, or education, PTA lets you access up to $4,000 at the official CBN rate every quarter (that’s 90 days).
  • BTA (Business Travel Allowance): For those travelling for business, BTA allows access to up to $5,000 per quarter at CBN rates.

GTBank PTA Requirements

To apply for PTA at GTBank, you’ll need:

  1. A valid visa for your destination.
  2. A confirmed two-way flight ticket with travel dates within 90 days.
  3. Your Nigerian international passport.
  4. Bank verification number (BVN) for identity verification.
  5. A resident permit if you live abroad.
  6. Possibly, an invitation letter depending on your trip’s purpose.

GTBank BTA Requirements
For BTA, the requirements are:

  1. A valid business visa.
  2. Confirmed flight tickets within 90 days.
  3. Nigerian international passport.
  4. BVN for identity verification.
  5. An invitation letter from the business you’re visiting.
  6. Business registration documents like Certificate of Incorporation, Memorandum and Articles of Association, and Forms CAC2 and CAC7.

CBN Rules for PTA and BTA

  • Maximum limits: $4,000 for PTA and $5,000 for BTA per quarter.
  • Applications fee: N5,000.
  • Age requirement: 18 years or older.
  • Only for Nigerian citizens.

How to Apply for PTA/BTA at GTBank

  1. Gather Requirements: Get all necessary documents.
  2. Visit GTBank: Go to your nearest GTBank branch.
  3. Fill Form: Complete the CBN PTA/BTA form with accurate details.
  4. Submit: Hand in your form and documents.
  5. Pay Fee: N5,000 application fee.
  6. Wait: Allow up to 48 hours for processing.
  7. Approval: If approved, the bank will contact you.
  8. Collect: Pick up your allowance at the bank or in your GTBank domiciliary account.

GTBank Customer Care Contacts


  1. What’s the limit for GTBank PTA?

    • The PTA limit is $4,000 every 90 days.
  2. How old must I be to apply for PTA from GTBank?

    • You need to be at least 18 years old.
  3. Can I get PTA and BTA for the same trip?

    • No, you can only choose one: either PTA or BTA.


Getting foreign currency for your trips doesn’t have to be a headache. With GTBank’s PTA and BTA, you can access forex at official rates without worrying about the black market. Just make sure you meet the requirements, apply at GTBank, and you’ll be ready to go in no time. For any questions, GTBank’s customer service is available 24/7 to assist you

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