Regulatory Alerts2012-11-21
Reporting of Transactions Above R50,000
The Central Bank of Seychelles requires all Bureaux de Change to report daily transactions exceeding R50,000 (or foreign currency equivalents) to its Financial Services Supervision Division. These reports must be submitted individually using Forms BC(i)(a) and BC(i)(b), capturing client names, transaction purposes, exchange rates, and specific amounts. Completed returns must be e-mailed to fssdreturns@cbs.sc before 3 p.m each day to maintain accurate regulatory oversight.
CENTRAL BANK OF SEYCHELLES P. O. Box 701 Victoria, Seychelles Telephone: [+248] 282000 Fax: [+248] 323 665 E-mail: enquiries@cbs.sc Ref.: FSS/BC/LIC/4(5) Date: June lib, 2009 To all Bureaux de Change As advised at the meeting held on May 21S\2009, Bureaux de Change need to submit, on a daily basis, details of transactions exceeding R50,000 or its equivalent in foreign currencies, to the Financial Services Supervision Division as per the attached return BC(i). .r--- Please ensure that transactions are reported on an individual rather than on a consolidated basis and that the relevant particulars have been detailed. We count on your usual co-operation. ~ Governor Ene. ~
Form BC(i)(a) To be sent to: Financial Services Supervision Division REPORT OF FOREIGN EXCHANGE SALES ABOVE R50,OOOOR ITS EQUIVALENT IN FOREIGN CURRENCY Bnreau: Date: ................................................................................................................................................................ ....................................................................................... .-/ ""'. ~ 'Details specific to the transaction e.g. name of client and purpose of transaction. Please note that the completed return should be e-mailed tofssdreturns@cbs.sc before J.p.m daily. Transactions Details! Currency Exchange Rates Amount (SR) .n,.. ...n --,,- ... n. . ,...'u_---...- - . ""."""" .......... ..., I I....... Total 0
Form BC(i)(b) To be sent to: Financial Services Supervision Division DAILY REPORT OF FOREIGN EXCHANGE PURCHASES ABOVE R50,OOOOR ITS EQUIVALENT IN FOREIGN CURRENCY Bureau: ................................................................................................................................................................ Date: ....................................................................................... r-'. ,,--.... IDetaiis specific to the transaction e.g. name of client and purpose of transaction. Please note that the completed return should be e-mailed to fssdreturns@cbs.sc before 3,p.m daily. Transactions Details! Currency Exchange Rates Amount (SR) .............. ............ ... ..... """-"'--""... ..,.... , Total 0