Instruction No. 14 07 2025 REF on Import and Export Conditions for Authorized Intermediaries

1 1 2 Imports intended to cover the needs of non-resident clients, acting in the capacity of diplomatic missions or international officials, holding accounts duly opened in the books of authorized intermediaries, may exceptionally be carried out in strict compliance with the conditions governing the operation of said accounts. Article 3: Import and Export Declaration of Banknotes or Coins Denominated in Foreign Currencies In accordance with the provisions of Article 53 of Annex II to Regulation No. 06/2024/CM/UEMOA of December 20, 2024, any export or import of banknotes and coins denominated in foreign currency by an authorized intermediary is declared to customs and the carrier at a value of one hundred thousand CFA francs per package. Authorized carriers must retain a copy of the declarations made and present them upon request by the competent authorities. Article 4: Report to Control Authorities Authorized intermediaries transmit to the BCEAO and the Structure responsible for External Finance, at the end of each month and no later than ten working days after the end of the relevant month, a summary statement according to the model reproduced in Annex 1 of this Instruction, covering: • imports of banknotes or coins denominated in foreign currencies, by currency; • transfers to authorized manual exchange dealers and non-resident clients carried out during the relevant month. Exports of banknotes or coins denominated in foreign currencies are subject to the same reporting obligations, according to the model reproduced in Annex 2 of this Instruction. Article 5: Entry into Force This Instruction, including its annexes which form an integral part thereof, repeals all prior provisions dealing with the same subject matter. It enters into force on August 1, 2025 Done in Dakar, on July 7, 2025 The Governor Jean-Claude and is published wherever necessary.