2022-04-05

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Central Bank of Myanmar Notification 12/2022 on Foreign Currency Repatriation

The Central Bank of Myanmar issued Notification 12/2022 to mandate that residents repatriate all foreign currency income from abroad into the country. Authorized Dealer banks must open dedicated accounts and convert these funds to Myanmar Kyat within one working day of receipt. This directive supersedes the 2021 framework and requires all foreign currency transactions to be processed through licensed banks under the Foreign Exchange Management Law.

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Central Bank of Myanmar Notific…2021Central Bank of Myanmar Notification No. 35/2021 (2021-10-03)Central Bank of MyanmarNotification 12/2022 on Forei…2022-04-05 · this documentCentral Bank of Myanmar Notification 12/2022 on Foreign Currency Repatriation (2022-04-05)
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This document supersedes: Central Bank of Myanmar Notification No. 35/2021

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Source: Central Bank of Myanmar — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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