Transcription of ::Foreign - Welcome to the Reserve Bank of Zimbabwe
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::Foreign - Welcome to the Reserve Bank of Zimbabwe
:: foreign Exchange Guidelines :: foreign EXCHANGE GUIDELINES. Following the liberalisation of the Current Account, as well as the introduction of the multi-currency system, Guidelines detailed herein are intended for use by Authorized Dealers for all foreign exchange transactions. These Guidelines are issued to draw attention in convenient form to the law contained in the Exchange Control Act, [Chapter 22:05] and the Exchange Control Regulations. These Guidelines form a consolidation of all Exchange Control Directives issued before 1 July 2009 and are meant to ensure transparency, legal certainty and conformity with the multi-currency system. These Guidelines are issued for clarity to Authorised Dealers and shall form the basis for the amendment of the Exchange Control Regulations to conform to the new monetary regime. Any enquiries relating to these Guidelines should be addressed to: The Senior Division Chief Exchange Control Division Reserve Bank of Zimbabwe 80 Samora Machel Avenue P O Box 1283.
Authorised Dealers : Local Commercial and Merchant banks licenced by the Exchange Control to deal in foreign currency. BSA : Bank Supervision Application System
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