International Trade Services

In today’s global market place, Financial Institutions face significant risks in managing their Trade activities. Polaris Bank Limited has a wealth of experience to deliver a complete range of services for both Importers and Exporters. Our diverse team of Trade Finance Professionals is well versed in the intricacies of International Trade transactions.

We offer the following services to our clients:

Form M and PAAR processing

Form M processing is the initiation stage of all importation processes in Nigeria. With an understanding of how crucial this stage is in the importation process, Polaris Bank has a team of Trade Experts who ensure that our Customer's Forms M are appropriately processed in a timely manner.

Form M could be processed under the following conditions

  • Valid for Forex: when the customer intends that the Forex will be sourced by the bank from official window for a trade transaction. 
  • Not Valid for Forex: when the Forex funding for the trade transaction will not be sourced from official window.
  • e-Form M can be amended on the Single Window Portal for only Country of Supply, Mode of transport, Port of Loading, Port of discharge and Shipment date. CBN approval shall be sort for any other amendment. 



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