Regulatory Alerts2025-06-24 | cba-blob-17928Application Form for Special Foreign Exchange License for One-Time Transfer to Own Foreign Account
The Centrale Bank van Aruba issues a special foreign exchange license to authorize one-time transfers to an applicant's own foreign account under the State Ordinance Foreign Exchange Transactions. The application requires detailed disclosure of the transaction nature, amount, and specific recipient bank or affiliated company information depending on whether the account is notified or non-notified. The document serves as the formal request mechanism for residents and non-natural persons to obtain regulatory approval for outgoing foreign currency transfers.
APPLICATION FORM FOR A SPECIAL FOREIGN EXCHANGE LICENSE FOR A ONE-TIME TRANSFER TO OWN FOREIGN ACCOUNT (Based on the provisions, regulations, and conditions of the State Ordinance Foreign Exchange Transactions, AB 1990 No. GT 6)
- Undersigned:
- Applies on behalf of resident:
- Address/Telephone/E-mail: _____/________________/
- Nature of the transaction: _____________________________________________________________________ For a special foreign exchange license for a transfer to own foreign account (outgoing transfer) for an amount of USD/Afl./EUR/other, viz.: …………….., (circle as appropriate or state different currency) _________________________ (state the amount). B.1 In case of natural persons, the name of the foreign bank and the bank account number have to be stated. Name foreign bank: Bank account number: B.2 In case of non-natural persons with (a) notified foreign bank account(s) and intercompany account(s) not included in the “Quarterly list of compliant holders of FBAs and FIAs”, the reporters code (X________) has to be stated. Name foreign bank: Bank account number: Name affiliated company: B.3 In case of non-natural persons with a non-notified foreign account, the name of the foreign bank or the name of the affiliated company (intercompany account(s)) and the bank account number have to be stated. Name foreign bank: Bank account number: Name affiliated company: Truthfully filled out and signed without withholding any facts known by applicant and of importance to the application. /_____ Applicant’s Signature / Date (day/month/year)
SPECIAL FOREIGN EXCHANGE LICENSE ISSUED for the transfer stated under (in accordance with application): CBA/reference number: Date: Foreign exchange license no.: Transaction code: Centrale Bank van Aruba