Regulatory Alerts2025-01-06
Direction No. 4 - Foreign Exchange Facilities for Travel and Related Activities
The Central Bank of Belize issues Direction No. 4 to regulate the provision of foreign exchange facilities by Authorised Dealers for residents and non-residents traveling outside Belize. The directive establishes specific monetary limits, such as BZ $20,000 per trip for residents and BZ $500 for non-residents, while mandating valid travel documentation and requiring the surrender of unused funds upon return. Additionally, it stipulates that credit card purchases made by residents within Belize must be settled in Belize dollars and excluded from international settlements.
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