Regulatory Alerts2020-02-14
Exchange Control Circular No. 13 - Travel Facilities
The Central Bank of Barbazos issued this circular to define the conditions under which authorized dealers provide foreign exchange for travel outside Barbados. It establishes specific annual and daily limits for resident private and business travel, while allowing unlimited funds for non-residents and government officials under defined circumstances. The document also outlines acceptable payment methods, cash export limits, and general compliance requirements for authorized dealers.
Share