2011-06-08

Added 2026-07-16 · Updated 2026-07-25

Circular No. 05/EES/2011 of 8 June - Mandatory Repatriation of Foreign Exchange Assets

The Bank of Mozambique mandates that resident entities repatriate revenues from exports and foreign investments through the national banking system within 90 days of receipt. Intermediary banks must complete specific remittance forms and convert the majority of these funds into the national currency, allowing residents to retain up to 50% of the balance in foreign currency accounts after deducting specific loan amortizations. This regulation, issued by the Bank of Mozambique, entered into force on 11 July 2011 and revokes all contrary provisions.

Mozambique

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