2026-04-10 | EPD Circular Letter No. 08

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Amendment in Instructions Related to Inward Home Remittances

Exchange Companies are authorized to enter into forward sale transactions with Authorized Dealers against receipt of home remittances for a period up to five working days. This authorization results from the amendment of sub-para 7 I(d) and the introduction of a new sub-para 7 II in Chapter 7 of the Regulatory Framework for Exchange Companies. The revised text of Paragraph 7 is provided in Appendix A.

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