Regulatory Alerts2020-03-23
Authorised Dealer Licence Foreign Exchange Transaction Instructions
The Central Bank of Myanmar issues this instruction to regulate foreign exchange transactions, remittances, and related financial activities for holders of an Authorised Dealer Licence. It establishes standardized transaction limits, typically capped at USD 10,000 per transaction, and mandates specific supporting documentation such as invoices, bills of lading, and designated CBM forms. Licensees must comply with detailed procedural requirements for imports, exports, family maintenance transfers, and non-resident account operations to maintain authorized dealer status.
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