Codification of Foreign Exchange Operations — BCC — CD

BANQUE CENTRALE DU CONGO
Kinshasa, le 18 MAI 2002
D.15/Gouv. n° 00590

LE VICE-GOUVERNEUR

A Monsieur le Président de l'Association Congolaise des Banques (A.C.B.)
KINSHASA/GOMBE.

Monsieur le Président,

Concerning: Implementation of the New Codification of Foreign Exchange Operations.

Subsidiary to letter D.15/Gouv. no 00590 of May 18, 2002, by which the Central Bank transmitted to you the Texts on the New Codification of Foreign Exchange Operations, I ask you to inform all your members of the following amendments made to these texts:

Banks are no longer required to withhold the CCA on the foreign exchange control fee collected on behalf of the Central Bank, as set out in Administrative Instruction D.15/Gouv/no 00490 of May 2, 2002;
In point 3.2 regarding operation codes on revenue and expense declarations, a mention "Others" is added for the recording of income and capital flows.
Regarding tables 1 and 2 monthly in national currency, the rate to be applied remains the end-of-period rate.

However, please note that the effective date for these new provisions is set for November 1, 2002.

Please accept, Mr. President, the assurance of my distinguished consideration.

BANQUE CENTRALE DU CONGO
Kinshasa, le 18 MAI 2002
D.15/Gouv. n° 00590

LE GOUVERNEUR

Association Congolaise des Banques
«A.C.B.»
KINSHASA/GOMBE

Concerning: The publication of Administrative Instructions and the New Codification of Foreign Exchange Operations.

Mr. President,

In application of articles 56 and 57 of the February 2002 Foreign Exchange Regulation, I am disseminating in attachment to this letter the New Codification of Foreign Exchange Operations. This codification defines the various codes used to correctly intercept foreign exchange operations carried out by authorized banks, the procedure for collecting the foreign exchange control fee and transmitting to the Central Bank of Congo proof of payment of these amounts. The same instruction sets the penalties in case of late payment of the fee amount and/or late transmission of the related statements.

Administrative Instructions relating to the preparation of statistical data on foreign exchange operations and their transmission to the Central Bank of Congo by authorized banks. This instruction determines the procedure to be followed by banks for the preparation and transmission to the Central Bank of Congo of the statistical data; it also sets the deadlines for transmission and the penalties for late submission of statistical tables.
Administrative Instruction relating to the New Codification of Foreign Exchange Operations. This instruction defines the different codes used to correctly intercept foreign exchange operations. This codification consists of identifying, by appropriate codes, the various foreign exchange operations that have taken place between residents and non-residents as well as other operations in foreign currencies or concepts related to them. Thus defined, the codification is a base matrix for entering and intercepting all data used to prepare the country's balance of payments.

The current presentation is a harmonization of the different codes in foreign exchange operations inspired by the 5th IMF Manual on the Balance of Payments.

Please accept, Mr. President, the assurance of my distinguished consideration.

J.C. MASANGU MULUNGO
Governor

BANQUE CENTRALE DU CONGO
Kinshasa, le 02 MAI 2002
D15/Gouv/n° 00490

LE GOUVERNEUR

AUX BANQUES AGREEES
A KINSHASA/GOMBE

Messieurs,

Concerning: Administrative Instructions relating to the collection and payment of the foreign exchange control fee.

Referring to the provisions of articles 3, 4 and 5 of the Foreign Exchange Regulation in force in the DRC, relating to the Foreign Exchange Control Fee, I communicate to you below the instructions in this matter, to be observed by the banks.

Collection of the Foreign Exchange Control Fee

Banks are required to calculate, every 15 days, the amount of the fee collected on all foreign exchange operations and to credit the Central Bank of Congo no later than the 1st and 16th of each month, in the RME accounts in USD and EURO opened with the concerned bank.

The payment orders and credit notices to be drawn up for this purpose must indicate the following mention: "Foreign Exchange Control Fee - period from [date] to [date]".

Amounts received in currencies other than USD and EURO must be subject to arbitrage in USD and credited to the RME account in this currency. In this case, in addition to the aforementioned mention, the payment orders and credit notices must specify the currency and amount of collection as well as the exchange rate, which must be the average of the period.

It should be recalled to the attention of the authorized intermediaries concerned that the amount of the fee cannot, per operation, be less than 1 USD.

Transmission of proof of payment of the Foreign Exchange Control Fee

After payment, each authorized bank must transmit the originals and a copy of the credit notice and the statement to the Directorate of Foreign Services, models of which are in the annex.

The aforementioned documents must be transmitted to the Central Bank of Congo according to the following deadlines:

no later than two working days after the date of payment for the originals of the credit notices;
no later than four working days after the date of payment for the copies of the credit notices, accompanied by the statements of the foreign exchange control fee.

Finally, I remind you of the provisions of Article 5 of the Foreign Exchange Regulation in force which prohibit the refund of the amount already collected as foreign exchange control fee in case of cancellation of the operation.

Each authorized bank that pays the fee or transmits its statements late to the Central Bank of Congo is penalized as follows:

a) Late payment of the fee
The penalty per day of delay is 0.5% of the equivalent in national currency of the total amount of the fee.

b) Late transmission of statements
The penalty will be calculated based on the file fee rate increased by 10% of this rate for each annex, to be multiplied by the number of days of delay.

The penalty amounts will be recorded in a "Statement of Anomalies" which will be sent to each bank, to be paid according to the deadline set by said statement.

Regarding the CCA to be withheld on the foreign exchange control fee, it will be calculated in national currency and credited directly to the Treasury account no. 13101 opened at the Central Bank of Congo. However, the CCA must not be withheld on operations passed in the accounts of non-residents.

J.C. MASANGU MULUNGO
Governor

c.c. Mr. the Minister of Economy, Finance and Budget

FEe
ACB
Supervision of Financial Intermediaries
Directorate of Foreign Services
Studies
Accounting
Credit and Financial Markets
IT and Operational Research
Internal Audit
Legal

BANQUE CENTRALE DU CONGO
DIRECTION DES SERVICES ETRANGERS

BANQUE:
CODE
PERIODE DU ........ AU ........

STATEMENT OF AMOUNTS OF THE FOREIGN EXCHANGE CONTROL FEE DUE ON DAILY FOREIGN EXCHANGE OPERATIONS IN USD AND EURO.

AMOUNTS
CURRENCIES
(Sigle)
Ref. Credit Notice:

Account in USD ........................
Account in EURO :

AUTHORIZED SIGNATURES AND
STAMP OF THE AUTHORIZED BANK

BANQUE CENTRALE DU CONGO
DIRECTION DES SERVICES ETRANGERS

BANQUE:
CODE
PERIODE DU ........ AU ........

STATEMENT OF AMOUNTS OF THE FOREIGN EXCHANGE CONTROL FEE DUE ON FOREIGN EXCHANGE OPERATIONS DENOMINATED IN F.C. OTHER THAN USD AND EURO.

CURRENCIES AMOUNTS EXCHANGE RATE
(Sigles) FOR ARBITRAGE IN USD
TOTAL

Ref. Credit Notice:
Account in USD ........................
Authorized signatures and
Stamp of the Authorized Bank

BANQUE CENTRALE DU CONGO
LE GOUVERNEUR
Kinshasa, le 02 MAI 2002
D15/Gouv/n° 00491

ADMINISTRATIVE INSTRUCTIONS RELATING TO THE PREPARATION OF STATISTICAL DATA ON FOREIGN EXCHANGE OPERATIONS AND THEIR TRANSMISSION TO THE CENTRAL BANK BY AUTHORIZED BANKS

In accordance with the provisions of article 57 of the February 2002 Foreign Exchange Regulation, banks have the obligation to establish and communicate daily and monthly to the Central Bank of Congo / Directorate of Foreign Services, a recapitulative of all payments made in receipts and expenses, referring to the New Codification of Foreign Exchange Operations.

In application of the above, the Central Bank of Congo issues below the provisions relating to the preparation and transmission, by banks, of the required statistical data, in conformity with the documents below:

Table 1 - Foreign Exchange Position:
Table 2 - Recapitulative Statement of Foreign Exchange Operations in Receipts (2A) and in Expenses (2B).
Supporting Documents - Declarations of Expenses in Foreign Currencies (DJE)

Declarations of Receipts in Foreign Currencies (DRE);

Declarations for Export and Import of Goods and Services (Models
«EB», «IB», «ES», «IS», «RC» ).

PRESENTATION OF FOREIGN EXCHANGE DOCUMENTS

TABLE 1 - FOREIGN EXCHANGE POSITION

1.1. Presentation of Table 1 - "Foreign Exchange Position"

Table 1 or "Foreign Exchange Position", model in annex, describes the respective structures of the stocks of assets and liabilities in foreign currencies of a bank at a given date as well as the proof of these stocks with respect to the flows of foreign exchange operations carried out in the period (day/month) preceding this date.

Table 1 comprises three parts:

the "ASSETS" part = registers the on-balance sheet and off-balance sheet accounts in foreign currencies;
the "LIABILITIES" part = describes the off-balance sheet accounts in foreign currencies;
the "PROOF" part reserved for reconciliation elements between the stocks and the flows of foreign exchange operations of the period preceding the stock inventory date.

However, the "Liabilities" part also includes a zone reserved for the calculation of the "NET" Foreign Exchange Position.

This table is subdivided into columns reserved for:

headings,
control total,
different currencies of a heading.

1.2. Establishment of "Table 1" - "Foreign Exchange Position".

At the end of each day - the last working day of each month, the Headquarters and Branches of authorized banks that maintain a separate foreign exchange position must establish the status of their assets and liabilities in foreign currencies recorded in their books, using a table titled "Table 1" or "Foreign Exchange Position" of authorized banks.

The daily or monthly Table 1 is established in two copies:

The first in foreign currencies;
The second in national currency (NC).

The Table 1 denominated in national currency (NC) is established on the basis of the one in foreign currencies converted at the rate of the period (day/month) concerned. In case of decimals, the amount is rounded.

The columns by currency of Table 1 in foreign currencies record the amounts resulting from the balances of accounts in various foreign currencies held in the books of the concerned bank.

These columns are filled horizontally from the amounts of each operation heading, respecting the sequential series of currency codes and indicating the sigils of these at the head of each column.

The "control total" column records the total sum of all amounts added vertically and horizontally without regard to the nature of the currency.

The reconciliation of the totals of the Assets and Liabilities allows to determine the "NET" foreign exchange position.

P.C.N = A - L. The result thus obtained must be confirmed by the proof part.

When establishing Table 1, banks will take care to verify the accuracy of the net foreign exchange positions calculated currency by currency based on the elements provided in the "Proof" part. In this regard, banks must note the following:

positions at the end of a previous period (day/month) in question in the "PROOF" part must be identical to the "NET" positions recorded on Table 1 at the end of this previous period;
the total amounts of the recapitulative statements of foreign exchange operations in receipts and expenses of the period (day/month) concerned must be respectively recorded in the headings:

Receipts of the period (day/month);
Expenses of the period (day/month);

"NEW" foreign exchange positions at a given date must correspond to the "NET" positions calculated on the one hand based on the total of external assets and liabilities and on the other hand based on the elements cited in the "PROOF" part of Table 1.

Any discrepancies would indicate errors in the recording of these foreign exchange operations (in Receipts and/or Expenses) of the period or in the census of external assets and liabilities at the end of the current or previous period.

Before transmitting Table 1 to the Central Bank, banks will take care to verify the concordance of the elements constituting their external assets and liabilities recorded on Table 1 with the corresponding elements recorded in the monthly active and passive statements.

Attached to the daily Table 1 is the average daily exchange rate, while attached to the monthly Table 1 are the following:
1. Monthly average exchange rate
2. Monthly Table 1 in national currency at the end-of-period rate.
3. Monthly average exchange rate.
4. Active/passive situation.
5. Statistical table relating to the situation and movements of external resources of authorized banks.

2. TABLE 2 - RECAPITULATIVE STATEMENT OF FOREIGN EXCHANGE OPERATIONS
INCOMING FOREIGN CURRENCIES (2A) AND OUTGOING FOREIGN CURRENCIES (2B)

2.1. Presentation of Table 2.

Table 2 or "Recapitulative Statement of Foreign Exchange Operations in Receipts and Expenses", model in annex, is a recapitulative statement of foreign exchange operations and means of coverage carried out by a bank during a given period (day/month).

It comprises two sections:

The 1st section called Table "2A" registers the actual receipts in foreign currencies and the operations posted to the debit of foreign currency accounts opened to residents as well as non-residents;
The 2nd section called Table "2B" records the actual expenses in foreign currencies and the operations posted to the credit of foreign currency accounts opened to residents as well as non-residents.

Each section (2A/2B) is subdivided into two parts:

the upper part: intended for foreign exchange operations grouped into 9 major headings of the balance of transfers;
the lower part: reserved for operations of means of coverage.

The headings of each part contain necessary indications and appropriate codes allowing the correct identification of various types of foreign exchange operations and means of coverage carried out during a given period between residents and non-residents in the Democratic Republic of Congo.

The columns of Table 2 are reserved for:

headings,
control total;
amounts expressed in different foreign currencies in which the operations were carried out.

2.2. Establishment of Table 2.

To take into account the nature of the operations to be entered in the different headings of Table "2A - 2B", banks will use the "operation codes" as labeled in the "New Codification of Foreign Exchange Operations".

Table 2 is filled daily for the operations of the given day and monthly for the sum of daily operations (day/month) concerned. In the event of absence of operations, it bears the mention "NONE" in the amount columns.

Table 2 is established in units of foreign currencies or in units of account quoted by the Central Bank. In case of decimals, the amount is rounded.

The columns of Table 2 reserved for the various foreign currencies are filled horizontally with the amounts of each operation heading, currency by currency, respecting the sequential series of currency codes and indicating the sigils of these at the head of each column.

Attached to the daily Table 2 are the daily exchange rate and the declarations of expenses and receipts in foreign currencies, while attached to the monthly Table 2 is the monthly average exchange rate.

The "control total" column records the total sum of all amounts added vertically and horizontally without regard to the nature of the currency.

The monthly Table 2 must also be established in national currency by converting foreign currencies at the monthly average rate of the concerned commercial bank.

Banks are required to indicate the exchange rates applied for the preparation of Table 2A/2B.

SUPPORTING DOCUMENTS: DECLARATIONS OF RECEIPTS AND
EXPENSES IN FOREIGN CURRENCIES.

3.1. Presentation of declarations of receipts and expenses
in foreign currencies.

The declaration of receipt or expense in foreign currencies is a document that provides information on the various elements of a foreign exchange and/or means of coverage operation carried out during a given day.

Any payment in foreign currencies in receipt or expense must be justified daily by the establishment of a given type of form called "declaration of expense or receipt". Banks will, as the case may be, establish these declarations to justify external payments and/or means of coverage operations recorded in the recapitulative statements of foreign exchange operations.

Banks are required to attach to the daily Table 2A/2B the originals of the declarations of receipts and expenses in foreign currencies to justify the amounts recorded therein.

They are required to indicate on the upper part of Table 2A/2B the respective number of declarations of expenses and receipts attached.

The declarations of receipts and expenses are subdivided into 2 categories:

the first registers foreign exchange operations;
and the second registers operations of means of coverage including arbitrages.

BANQUE CENTRALE DU CONGO Page 1

1 TABLEAU 1
NOM DE LA BANQUE:
CODE BANQUE:
DATE:

EXTERNAL ASSETS AND LIABILITIES: FOREIGN EXCHANGE POSITION

CURRENCIES CONTROL TOTAL
HEADINGS
TOTAL ASSETS
TOTAL ASSETS
1 MONETARY GOLD
1 1 Monetary gold on deposit
1 2 Monetary gold available
1 2 1 Monetary gold in pledge
1 2 2 Monetary gold to be received
2 INTERNATIONAL MONETARY FUND (IMF)
2 1 Allocation in SDR
2 1 1 Demand deposits in SDR
2 2 Reserve position in the IMF
2 2 1 Deposits
2 2 2 Loans
3 CENTRAL BANK
3 1 Available
3 1 1 Available
3 2 Other
3 2 1 Short-term accounts
3 2 2 Medium and long-term accounts
4 FOREIGN CURRENCY ASSETS
4 1 Cash
4 1 1 Cash
4 2 Correspondents
4 2 1 Demand deposits
4 2 2 Call money
4 2 3 Short-term placement
4 2 4 Medium and Long-term placement
4 2 5 Provisions for covered exchange credits
4 2 6 Other
4 3 Other short-term receivables
4 3 1 From branches and agencies
4 3 2 Collections
4 3 3 Other
4 4 Securities
4 4 1 Commercial paper portfolio
4 4 2 Debtors by acceptance
4 4 3 Public bonds
4 4 4 Other securities
5 OTHER RECEIVABLES
5 1 Other receivables
5 1 1 Other receivables
B. TOTAL OFF-BALANCE SHEET
B 1 LIABILITIES RECEIVED FROM FINANCIAL INTERMEDIARIES B 1 1 Central Bank rediscount agreements B 1 1 Central Bank rediscount agreements B 1 2 Other refinancing agreements B 1 2 1 Other refinancing agreements B 1 3 Guarantees-Avals-Endorsements-Acceptances-Others B 1 3 1 Guarantees-Avals-Endorsements-Acceptances-Others B 2 REAL GUARANTEES RECEIVED OUTSIDE MONEY MARKETS B 2 1 Real guarantees received outside money markets B 2 1 1 Real guarantees received outside money markets B 3 SPOT FOREIGN EXCHANGE OPERATIONS B 3 1 Currencies bought or borrowed and not yet received B 3 1 1 Currencies bought or borrowed and not yet received B 4 FORWARD FOREIGN EXCHANGE OPERATIONS B 4 1 Currencies to be received against Congolese Francs (Financial Institutions) B 4 1 1 Currencies to be received against Congolese Francs (Financial Institutions) B 4 2 Currencies to be received against Congolese Francs to be delivered (Clients) B 4 2 1 Currencies to be received against Congolese Francs to be delivered (Clients)

1 CENTRAL BANK OF THE CONGO NAME OF THE BANK:
CODE BANK:
DATE:
TABLEAU 1
FOREIGN ASSETS AND LIABILITIES: FOREIGN EXCHANGE POSITION CURRENCIES TOTALS CONTROL TOTAL LIABILITIES

TOTAL ASSETS
1 CREDITS TO THE INTERNATIONAL MONETARY FUND
1 1 Credits to IMF
1 Credits to IMF
; 2 FOREIGN CURRENCY LIABILITIES
, 2 1 Correspondents
: 2 1 1 Demand liabilities
: 2 1 2 Call money
: 2 1 3 Short-term liabilities
: 2 1" Medium and long-term liabilities
: 2 1 5 Uncovered foreign exchange credits in force ~ : 2 1 6 Unpaid foreign exchange credits ~ ••• ::2 2 Resident Accounts in Foreign Currencies ::221 Demand E 2 Time :: 2 3 Non-Resident Accounts in Foreign Currencies E231 Demand E 2 3 2 Time E 2" Provisions for covered foreign exchange credits E 2 "1 Provisions for covered foreign exchange credits É25 Securities 1 Bank Acceptances 1::,52 Commercial effects in force E 2 5 3 Commercial effects due and unpaid E 2 5" Arrears of "Invisibles" E 3 OTHER LIABILITIES E 3 1 Other liabilities E 3 1 1 Other liabilities F. OFF-BALANCE SHEET TOTAL F 1 LIAB. IN FAVOR OF OR ON BEHALF OF FIN. INTERMEDIARIES F 1 1 Refinancing agreements F 1 Refinancing agreements F 1 2 Confirmation of credit openings F 1 2 1 Confirmation of credit openings F 1 3 Guarantees-Avals-Endorsements-Acceptances-Others F 1 3 1 Guarantees-Avals-Endorsements-Acceptances-Others F 2 LIAB. IN FAV. OF OR ON BEHALF OF THE CLIENTELE F 2 1 Acceptances or payment engagements F 2 1 1 Acceptances or payment engagements F 2 2 Opening of documentary credits F 2 2 1 Opening of documentary credits F 2 3 Other credit openings F 2 3 1 Other credit openings F 2 •• CauIIonMvaIs 11\ _ guarantees.en fsv. O<g.De crlodb f 2 ,41 CauIIons-AvaI&et .wes ~. en fsv. O<g.De crlodb '~. REAL GUARANTEES GRANTED OUTSIDE MONEY MARKETS. 'F3 1 Real guarantees granted outside money markets. F 3 1 1 Guar. Real €XlOféréeshors money markets F 4 SPOT FOREIGN EXCHANGE OPERATIONS F •• 1 Currencies sold or lent and not yet delivered F •• 1 1 Currencies sold or lent and not yet delivered F 5 FORWARD FOREIGN EXCHANGE OPERATIONS F 5 1 Congolese Francs, received Against Currencies• to deliver(O<g.Floanlers) F 5 11 Congolese Francs, rec.Against Currencies, to deliver(O<g.Floanlers) F 5 2 Congolese Francs • rec. Against currencies , lil/rer(Cienlèle) f 5 2 1 Congolese Francs • rec. Against currencies to deliver(Clientele) F 6 TRAVELER'S CHEQUES IN DEPOSITS AND ASSIMILATED F 6 1 Traveler's cheques in deposits and assimilated F 6 1 1 Traveler's cheques in deposits and assimilated F 7 FOREIGN EXCHANGE RISKS F 7 1 Foreign exchange risks F 7 1 1 Foreign exchange risks NET FOREIGN EXCHANGE POSITION (2) lA • E) Positive Negative lU. PART PROOF POSITION OF THE PREVIOUS MONTH /2\ Positive Negative RECEIPTS OF THE PERIOD EXPENSES OF THE PERIOD NEW POSITION /2\ POSlV8 Négatlve , (1) For table 1 the MEASURED at the end of the last day of the month (2)Pod>H,IIA> E / ~,"A<E 1 A......................• Ie / .I.. fI/. Signature (a> authorized (s) .#" /

CENTRAL BANK OF THE CONGO
TABLEAU 21
NAME OF THE BANK:
BANK CODE:
DATE:
SUMMARY STATEMENT OF FOREIGN EXCHANGE OPERATIONS Tableau 2A: Inflows of foreign currencies. , ~ONNAIES :lOE HEADINGS . TOTAL OF CONTROL 1 GOODS 211 Exports , 212 Purchase of goods by non-resident carriers making a stop on the national territory :2 SERVICES 213 Non-monetary gold 221 Transport 214 Equipment and military supplies 222 Travel 223 Other services l3 INCOME AND CURRENT TRANSFERS 231 Remuneration of employees '-...232 Investment income ~ Current transfers CAPITAL 241 Capital transfers ; 242 Acquisition of non-financial non-produced assets i26 DIRECT INVESTMENTS 251 Affiliated enterprises 1 252 Direct investment enterprises 2 6 PORTFOLIO INVESTMENTS 261 Equity securities 262 Debt securities - 27 OTHER INVESTMENTS 271 Trade credits 2n Export pre-financing 273 Loans 274 Currency and deposits 275 Other assets 2 a RESERVE ASSETS lf\ 282 Special Drawing Rights 281 Monetary gold 1\ 283 Reserve position in the IMF 28,4Foreign currency assets ~ Other claims 2 9 RECONCILIATION OPERATIONS 291 Reversal of entries 292 Operations to be justified TOTAL OF THE TRANSFERS BALANCE COVERAGE MEANS:
R1 Operations between banks
R2 Operations on the account abroad
R3 Arbitrage
R4 Debit in RME account
R5 Debit in NRME account
R6 Internal operations
R7 Commercial and invisible arrears
R8 Forward operations in foreign currencies
TOTAL OF COVERAGE OPERATIONS
GENERAL TOTAL
FOREIGN EXCHANGE CONTROL FEE
A .....................• le / .1 .
Signature (s) authorized (s)

CENTRAL BANK OF THE CONGO
TABLEAU 21.
NAME OF THE BANK:
BANK CODE:
. .
DATE:
SUMMARY STATEMENT OF FOREIGN EXCHANGE OPERATIONS Tableau 28: Outflows of foreign currencies. b CURRENCIES r· CODE HEADINGS _ 31 GOODS 1 311 Imports 1 non-residents making a stop on ., 312 Purchase of goods by carriers the national territory 313 Non-monetary gold 314 Equipment and military supplies 321 Transport 32 SERVICES 322 Travel 323 Other services 331 Remuneration of employees 3 3 INCOME AND CURRENT TRANSFERS 332 Investment income 333 Current transfers 341 Capital transfers :.... _...._CAP.JIA~.~... 342 Disposal of non-financial non-produced assets 351 Affiliated enterprises 3 6 DIRECT INVESTMENTS 352 Direct investment enterprises 361 Equity securities 3 6 PORTFOLIO INVESTMENTS 362 Debt securities 371 Trade credits 3 7 OTHER INVESTMENTS 372 Export pre-financing 373 Loans 374 Currency and deposits 375 Other liabilities 381 Obligations and other commitment securities 3 a RESERVE COMMITMENTS 382 Deposits 383 Other reserve commitments ..39 RECONCILIATION OPERATIONS \ 31 Reversal of entries 392 Operations to be justified TOTAL OF THE TRANSFERS BALANCE COVERAGE MEANS:
Di Operations between banks
D2 Operations on the account abroad
D3 Arbitrage, -1. 'i--
D5 l[)jbf ~ëOmpte N.R.M.E.
D6 Internal operations
D7 IAmèrés commercial and invisible
D8 Forward operations in foreign currencies
TOTAL OF COVERAGE OPERATIONS
GENERAL TOTAL
FOREIGN EXCHANGE CONTROL FEE
1
A le .1 .1 fj
S.""ore ('1''''''''' ('1 ~ ~

BEFORE FILLING OUT THIS DOCUMENT, READ THE REMARKS AT THE BOTTOM OF THE PAGE CENTRAL BANK OF THE CONGO DECLARATION TYPE CODE:
r : DECLARATION OF RECEIPTS
IN FOREIGN CURRENCIES
AUTHORIZED BANK CODE
POSTING NUMBER: ________ 1
EXECUTION DATE (1)
DATA TO BE COMPLETED BY THE AUTHORIZED BANK
1) HOLDER OF THE DOCUMENT
AUTHORIZATION OR BENEFICIARY
OF THE OPERATION
NAME
ADDRESS:
NID.NAT. LLLll.lJJ
'!) NUMBER OF THE DECLARATION ·LLLLLlJ
3) OPERATION:
3.1 DESCRIPTION, AS STATED IN
THE CODIFICATION OF FOREIGN EXCHANGE OPERATIONS (2)
3.2 CODES: 1. FOB
2. FREIGHT
4. CUSTOMS TARIFF
CODE
OPERATION
CODE
CURRENCY
CODE
AMOUNT CURRENCY COUNTRY
LLLL.lJ
LLLL.lJ u.u.u w Ul.J
W Ul.J
W Ul.J
LLLLLLW
5. DATE OF ESTABLISHMENT OF THE
DECLARATION
SIGNATURE(S) BINDING THE BANK VALIDLY
IMPORTANT REMARKS

Please write legibly in printed characters. When there are boxes, write one digit per
box aligning from right to left.

For a given date, indicate the digits for the day, month, and year.
Example: 22 September 2002
5 November 2002
(1) This date must correspond to that of the establishment of Table 2A

. (2) If no label from the codification of foreign exchange operations corresponds to the operation,
describe it briefly.

BEFORE FILLING OUT THIS DOCUMENT, READ THE REMARKS AT THE BOTTOM OF THE PAGE CENTRAL BANK OF THE CONGO DECLARATION OF EXPENSES IN FOREIGN CURRENCIES DECLARATION TYPE CODE:
AUTHORIZED BANK CODE
'---- ---il POSTING NUMBER:
EXECUTION DATE (1)
DATA TO BE COMPLETED BY THE AUTHORIZED BANK
1) HOLDER OF THE DOCUMENTAUTHORIZATION OR BENEFICIARY
NAME (J./!.)
D,J2l;OPEijAJION T)! 0 fi. t,t,)F.·
/ / ,/ / ,
NAME
ADDRESS:
N° ID. NAT.
~
2)
.. NUMBER OF THE.
DECLARATION . . .
3) OPERATION:
3.1 DESCRIPTION, AS STATED IN
THE CODIFICATION OF FOREIGN EXCHANGE OPERATIONS (2)
3.2 CODES: 1. FOB
2. FREIGHT
3. INSURANCE
'-1. {l~' '.A
CODE
OPERATION
CODE
CURRENCY
CODE
COUNTRY
4. CUSTOMS TARIFF
5. DATE OF ESTABLISHMENT OF THE
DECLARATION
AMOUNT CURRENCY
WliJ I.. J \ t\ 1
WUJJ
WUJJ b!-J 4+1\
SIGNATURE(S) BINDING THE BANK VALIDLY
IMPORTANT REMARKS

Please write legibly in printed characters. When there are boxes, write one digit per
box aligning from right to left.

For a given date, indicate the digits for the day, month, and year.
Example: 22 September 2002
5 November 2002
(1) This date must correspond to that of the establishment of Table 28 (2) If no label from the codification of foreign exchange operations corresponds to the "operation, describe it briefly. } ~>

CENTRAL BANK OF THE CONGO DECLARATION TYPE CODE:
AUTHORIZED BANK CODE
POSTING NUMBER:
DATE OF TABLE 2A t!l.!J rn:o
COVERAGE MEANS
DECLARATION OF RECEIPTS
RECEIPT CODE ORDER GIVER
LINES OPERATION CURRENCIES
01 Sigle Code INDICATIVE AMOUNT (1) NAME-CORPORATE NAME 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 TOTAL CONTROL Date of establishment of the declaration: . Signature(s) binding the bank validly:
(1) Enter: • for banks, bank code;

for holders of accounts abroad, name or corporate name. /7
/ 1•.
..

CENTRAL BANK OF THE CONGO DECLARATION TYPE CODE:
AUTHORIZED BANK CODE
POSTING NUMBER:
DATE OF TABLE 2B
I.!I!J lIDJ
COVERAGE MEANS
DECLARATION OF EXPENSES
EXPENSE CODE BENEFICIARY
LINES OPERATION CURRENCIES
01 Sigle Code INDICATIVE AMOUNT (1) NAME-CORPORATE NAME 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 TOTAL CONTROL Date of establishment of the declaration: . Signature(s) binding the bank validly:
(1) Enter: • for banks, bank code;

for holders of accounts abroad, name or corporate name.
1 i; ••
•

BANQUE CENTRALE DU CONGO DECLARATION TYPE CODE: ~ AUTHORIZED BANK CODE: IIDJ POSTING NUMBER: J 1 DATE OF TABLE 2A/2B:
~-&~~~~~~~
JUSTIFICATION OF ARBITRAGES
CODE PURCHASE OF CURRENCIES (Receipts) CODE SALE OF CURRENCIES (Expenses) LINES OPERATION CURRENCIES LINES OPERATION CURRENCIES 01 R3 Sigle Code AMOUNT 01 D3 Sigle Code AMOUNT 02 R3 02 03 03 R3 03 03 04 R3 04 D3 05 R3 05 D3 06 R3 06 D3 01 R3 07 D3 08 R3 08 D3 09 R3 09 D3 10 R3 10 D3 11 R3 11 D3 12 R3 12 D3 13 R3 13 D3 14 R3 14 03 15 R3 15 D3 16 R3 16 03 17 R3 17 D3 18 R3 18 D3 19 R3 19 D3 20 R3 20 D3 TOTAL CONTROL Date of establishment of the declaration: . Signature(s) binding the bank validly:
Note: Use the same line for the two movements of an arbitrage.
1 Ir.
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BANQUE CENTRALE DU CONGO
Kinshasa, on
D.15/Gouv. n° o Z MAY 2002
00492
THE GOVERNOR
TO AUTHORIZED BANKS
KINSHASA /GOMBE
Gentlemen,
Concerning: Administrative Instructions Relating to the New Codification of Foreign Exchange Operations. ---------------_. Referring to the provisions of Article 57 of the Foreign Exchange Regulation of February 2001 laying down foreign exchange provisions in the Democratic Republic of Congo, I communicate to you in annex the administrative instructions relating to the New Codification of foreign exchange operations. These instructions define the different codes to be used to intercept said operations. Indeed, the codification consists of identifying, by appropriate codes, the various foreign exchange operations occurring between residents and non-residents as well as other operations in foreign currencies or concepts related to them. Ultimately, the following codes must be used in this framework. These are:

Codes for foreign assets and liabilities - foreign exchange position;
Codes for foreign exchange operations;
Codes for coverage means operations;
Currency codes;
Bank codes;
Country codes;
Customs tariff codes;
National identification codes;
Payment mode codes;
Declaration type codes for models "EB", "19", "ES", "IS", "RC";
Declaration type codes;
Declaration sub-type codes for models "EB", "fB", "ES", "IS",
"RC";
Transport mode codes;
Statistical unit codes.
For a better understanding of these codes, a notice on the principles of codification and a description of assets and liabilities as well as that of foreign exchange operations have been prepared and are attached to this instruction. /7 .../...

r . CENTRAL BANK OF THE CONGO
2
CONTINUED, PAGE
Particularly regarding the "national identification" and "customs tariff" codes, their collections are available respectively from the Ministry of Economy, Finance and Budget, and the Customs and Excise Office. I invite banks to correctly codify all operations subject to this procedure in order to allow the Central Bank of the Congo to compile reliable statistics. Finally, my services at the Directorate of Foreign Services are at your disposal for technical details. Please accept, Gentlemen, the assurance of my distinguished consideration. J.C. MASANGU MULONGO Governor c.c.: - Internal Audit

Directorates:

Foreign Services
Supervision of Financial Intermediaries
Studies
Informatics and Operational Research
Legal

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.BANqUE CENTRALE DU CONGO
PRINCIPLES OF CODIFICATION OF FOREIGN EXCHANGE OPERATIONS.

GENERALITIES.
The codification of foreign exchange operations aims to identify, by appropriate codes, the various foreign exchange operations between residents and non-residents as well as other operations in foreign currencies that affect the balance of transfers, coverage means as well as the foreign exchange positions of banks and other authorized intermediaries. It allows grouping recorded operations by category according to the criteria provided by the 5th IMF Balance of Payments Manual for the presentation first of the balance of transfers and then of the balance of payments. To this end, for statistical and analytical needs, the following codes are retained for use. 1. 2. 'l V. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. These are:
Codes for foreign assets and liabilities - foreign exchange position; Codes for foreign exchange operations; Codes for coverage means operations; Currency codes; Bank codes; Country codes; Customs tariff codes; National identification codes; Payment mode codes; Declaration type codes for models "EB", "IB", "ES", "IS", "RC"; Declaration type codes; Declaration sub-type codes for models "EB", "IB", "ES", "IS", "RC" Transport mode codes; Statistical unit codes.

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These Codes are inscribed on the supporting documents for current operations and capital and financial operations on the one hand, and coverage means operations on the other hand. It is understood that the different concerned Directorates of the Central Bank are called upon to regularly harmonize their view on codification through a coordination structure. dl
II. STRUCTURES OF THE CODIFICATION OF FOREIGN EXCHANGE OPERATIONS.
The structure of each Code is either alphabetic, numeric or alpha-numeric. II.1. Foreign Exchange Position Codes. Foreign exchange position codes are alpha-numeric codes with four positions:
the letter position indicates that it is:
(A) On-balance sheet assets;
(B) Off-balance sheet assets
(E) On-balance sheet liabilities;
(F) Off-balance sheet liabilities. the first numeric position identifies the heading (account); the second numeric position indicates the sub-heading (sub-accounts); and the third, the detail (operation). j ..I.~

3
II.2. Foreign Exchange Operation Codes.
These Codes identify the nature of the operation to which the receipt or expense relates. They are subdivided into codes identifying current operations, capital and financial on the one hand, and coverage means operations on the other hand. II.2.1. Codes Identifying Current, Capital and Financial Operations. These are numeric codes with five (5) positions that identify operations representing payments between residents and non-residents:
the first position determines the nature of the operation (receipt or expense). This position is represented by the digit 2 for receipt and 3 for expense , , the second position identifies the major heading in receipt or expense of the transaction balance. These are the following headings: . , Headings Codes Goods Services Income and Current Transfers Capital Account Direct Investments Portfolio Investments Other Investments Reserve Assets Reconciliation Operations 1 2 3 4 5 6 7 8 , 9 the third position indicates the heading; the fourth position identifies the sub-heading; the fifth position represents the details of an operation. Important Remarks.

\1 is to be noted that the digits of the first two positions (2 and 3 for the
first position, 1 to 9 for the second position), were dictated by the 5th IMF Balance of Payments Manual. ).I.~ /7

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2. The new codification of foreign exchange operations responds to the concern of adapting
the compilation of the Balance of Payments to the requirements of the 5th IMF Manual in order to make these statistics consistent and comparable with those of national accounts. II.2.2. Codes Identifying Coverage Means Operations. These codes are alpha-numeric with four (4) positions identifying operations that do not represent payments between residents and non- residents, but rather modifications in the foreign assets and liabilities of the declarants. They are structured as follows:
the first letter position identifies the operation as receipt ( R ) and expense ( D ); the second numeric position identifies the major headings of coverage operations both in receipt and expense:
R1 - D1 Operations between banks;
R2-D2 Operations on the account abroad ;
R3- D3 Arbitrages ;
R4-D4 Debit/Credit in RME account ;
R5-D5 Debit/Credit in NRME account ;
R6-D6 Internal operations ;
R7-D7 Commercial and invisible arrears ;
R8-D8 Forward operations in foreign currencies; the last two numeric positions indicate the subdivisions of the major headings of these operations both in receipt and expense.

5
II,3. Currency Codes.
The currency or unit of account used in foreign exchange operations is designated by a sigil or code. The ~ is an English abbreviation of three letters defining the name of the currency (sigil) or unit of account used. Currency codes are numeric codes composed of two digits that indicate the identity of the currency or unit of account used, in the national classification of currencies. liA. Bank Codes. The current structure of bank codes has been maintained. These are numeric codes composed of four positions: - the first two positions indicate the bank, and the last two positions identify the place of operation. II,5. Country Codes. These codes identify the country of the order giver or the beneficiary of the payment. The country of the order giver is that:
of the non-resident buyer in the matter of supply of goods ; of the non-resident who orders the service or has the work executed in the matter of service; of the non-resident debtor or fund provider in the matter of income, capital or other operations of a financial nature. The country of the payment beneficiary is that :
of the non-resident seller in the matter of supply of goods ; of the non-resident who provides the service or performs the work in the matter of service; of the non-resident creditor in the matter of income, capital or other operations of a financial nature. .:. : 1

6
The country of the order giver or payment beneficiary is designated by a sigil or code. The sigil is an English abbreviation of three letters defining the name of the country. Country codes are numeric codes composed of three digits:
the first digit indicates the continent; the last two positions define the country. II.6. Customs Tariff Codes. The customs tariff gives the proper nature of the imported or exported merchandise. It is composed of eight (8) numeric positions of which the first two identify the
chapter in which the merchandise concerned has been classified according to the nomenclature
established by OFIDA.
The next two positions identify the sub-chapter of the merchandise, while the last four positions give the proper nature of the merchandise and thus allow OFIDA to easily find its way during the calculation duties and taxes on the import and export of merchandise. The complete collection is available at OFIDA. n.7. National Identification Codes. This is a registration number assigned to every economic agent (legal or natural person) by the Ministry of Economy, Finance and Budget. It is composed of 7 positions :
the 1st position is a letter ; the following 5 positions are digits; the last position is a control letter generated by the Computer System. The file is available at the Ministry of Economy and Industry. YI.,

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II.8. Payment Mode Codes.
These are numeric codes with two positions indicating the mode of settlement of an external payment operation.
11.9. Declaration Type Codes for Models EB, IB, ES, 15, RC.
The codes are alpha-numeric codes with two positions.
[
11.10. Declaration Sub-Type Codes for Models EB, IB, ES, 15, RC.
The codes are numeric codes with 2 positions indicating the type of export or import carried out and generally correspond to the ad hoc customs regime. II.11. Declaration Type Codes. These are pre-printed numeric codes with two positions indicating the type of declaration of receipts, expenses or arbitrage in foreign currencies.
11.12. Transport Mode Codes.
These are numeric codes of 2 digits indicating the mode of transport used to carry out an export or import. II.13. Statistical Unit Code. These are numeric codes with 2 positions, indicating the unit of measure (or value).

BANQUE CENTRALE DU CONGO
CODIFICATION DES OPERATIONS DE CHANGE
DESCRIPTION DES AVOIRS ET ENGAGEMENTS
EXTERIEURS: "POSITION DE CHANGE"
1. AVOIRS
A. ACTIFi
1. Or monétaire
Monetary gold is gold that belongs to monetary authorities or to other institutions under their effective supervision. This gold is held as reserve assets and has no counterpart in liabilities. For reasons of Balance of Payments equilibrium and exchange rate management, monetary authorities may increase their external assets by purchasing commodity gold (monetization) or withdraw monetary gold from their external assets to allocate it for non-monetary purposes (demonetization). This may involve "monetary gold on deposit or receivable."
1.1. Monetary gold on deposit
This is existing monetary gold held in the vaults of the Central Bank or abroad with its correspondents. It includes: available gold and pledged gold.
1.1.1. Available monetary gold
This is free gold, i.e., unpledged.
1.1.2. Pledged monetary gold
This is monetary gold guaranteed or pledged by monetary authorities. To this end, this monetary gold becomes temporarily unavailable but remains the property of the monetary authority.
1.2. Monetary gold receivable
Promise of delivery of gold made by private holders to monetary authorities.

2. International Monetary Fund
2.1. SDR Allocations
SDRs are international reserve assets created by the International Monetary Fund to increase the other reserve assets of official holders and which it periodically allocates to its member countries proportionally to their quota share. N.B. SDR allocations are not repayable and do not constitute a liability even if the I.M.F. asks its member countries to replenish them.
2.2. Reserve Position in the I.M.F.
This is the (creditor) position that a member country may have in the General Resources Account of the I.M.F. in the "reserve assets" category. It corresponds to the sum of purchases in the "reserve tranche" that a member country can make and the amount of all claims it holds against the I.M.F. (under a lending arrangement) which are repayable without adjustment formalities.
Example: confirmation agreements, extended arrangements, systemic transformation facility, as well as Trust Fund loans, etc....

3. Central Bank
3.1. Available Accounts
Demand deposits with Central Banks and Issuing Institutes, mobilizable or not by checks.
3.2. Others
3.2.1. Short-term accounts
Deposits placed short-term with Central Banks, presumably foreign.
3.2.2. Medium and long-term accounts
Deposits placed at one year or more with Central Banks, presumably foreign.

4. Foreign Currency Assets
Foreign currency assets include the claims of the banking system (Central Bank and authorized banks) on non-residents in the form of:
currencies, bank deposits, public bills, bonds and other borrowing instruments, money market instruments, derivative financial products, equity or debt securities etc....
4.1. Cash
Foreign currency cash (quoted by the Banque Centrale du Congo) held in vaults locally by resident banks.
4.2. Correspondents
Non-resident banking establishments or similar entities with which the Central Bank and resident commercial banks hold foreign currency assets.
4.2.1. Demand assets
Available foreign currency assets.
4.2.2. Call money
Foreign currency assets placed day-to-day.
4.2.3. Short-term placements
Foreign currency assets placed with a maturity not exceeding 1 year.
4.2.4. Medium and long-term placements
Foreign currency assets with a maturity greater than 1 year.
4.2.6. Provision for Covered Documentary Credits
Provisions constituted by the Central Bank and commercial banks with their foreign correspondents to cover covered documentary credits.
4.2.6. Others
Other assets not listed above lodged with foreign correspondents.
4.3. Other short-term receivables
The term of assets included under this heading cannot exceed 30 days.
4.3.1. From Subsidiaries and Agencies
Receivables by subsidiaries and agencies within a period not exceeding 30 days.
4.3.2. Collections
Values denominated in foreign currencies sent for "collection." Here are covered values belonging to resident banks extracted from the "Bills Portfolio" due to the proximity of their maturity.
4.3.3. Others
Other undefined receivables.
4.4. Securities
Securities subscribed on the money market and which generally confer the unconditional right to receive a fixed stipulated amount on a specified date. These instruments are usually traded on organized markets at a discount relative to their issue price. These instruments include treasury bills, commercial paper and financial bills, bank acceptances, negotiable certificates of deposit.
4.4.1. Commercial Bills Portfolio
Commercial bills denominated in foreign currencies held by banks fall into this category.
4.4.2. Debtors by Acceptance
Foreign currency claims of resident banks on persons in whose favor they have accepted bills, provided these are in circulation.

5. Other Claims
Other claims represent a residual category and cover all claims not enumerated in the previous headings. B. Off-Balance Sheet
1. Liabilities received from financial intermediaries
1.1 Central Bank Rediscount Agreements
Ceiling of rediscount granted by the Central Bank to the bank considered after deduction of already rediscounted operations.
1.2. Other Refinancing Agreements
Commitments given by other banks to refinance operations of the bank in question within a ceiling. This refinancing can take the form of firm sales representative of credits or guaranteed loans on the money market. Here we indicate the unused balance.
1.3. Guarantees-Avails-Endorsements-Acceptance-Others
Commitments granted to the Bank by another financial institution either on commercial bills or otherwise.

2. Real guarantees received outside the money market
Mortgages on real estate or pledges with dispossession on mobilizable assets received as security for a claim.

3. Spot Exchange Operations
Very often, banks do not record the currencies subject to a transaction at the time of the transaction, but only upon actual delivery, or after a fixed delay. During this intermediate period, banks are nevertheless committed and run an exchange risk on the currencies in question. This commitment is recorded in the order account expressing the expected currencies: currencies bought or borrowed and not yet received.

4. Forward Exchange Operations
These are Congolese Franc against currencies operations, where Congolese Francs (C.F.) are to be delivered: currencies receivable against Congolese Franc to be delivered (financial institution/clientele).

II. LIABILITIES
A. Liability

I.M.F. Credit
Outstanding I.M.F. credits after deduction of repayments on cumulative drawings.
Foreign Currency Commitments
Foreign currency commitments include the debts of the banking system towards non-residents in the form of: currencies, bank deposits, public bills, bonds and other loan securities, money market instruments, derivative financial products, equity securities.
2.1. Correspondents
Non-resident banking establishments or similar entities towards which the Central Bank and resident commercial banks have foreign currency commitments.
2.1.1. Demand commitments
Foreign currency commitments payable on demand towards foreign correspondents.
2.1.2. Call money
Day-to-day borrowings in foreign currencies from foreign correspondents.
2.1.3. Short-term commitments
This heading includes all foreign currency commitments contracted towards foreign correspondents with a maturity not exceeding one year.
2.1.4. Medium and long-term commitments
Foreign currency commitments with a maturity of more than one year.
2.1.5. Uncovered Documentary Credits in Force
Documentary Credit newly initiated and not yet due.
2.1.6. Overdue and Unpaid Uncovered Documentary Credit
Uncovered Documentary Credit unpaid with an expired term.

2.2. R.M.E. Account
Foreign currency deposits of residents in the books of resident banks. These deposits can be on demand or term.
2.3. N.R.M.E. Account
Foreign currency deposits of non-residents in the books of resident banks. These deposits can be on demand or term.
2.4. Provision for Covered Documentary Credits
Foreign currency commitments of banks towards client importers in coverage of the documentary credit.

2.5. Securities
Securities issued on the money market and which generally confer the unconditional right to receive a fixed stipulated amount on a specified date. These instruments are usually traded on organized markets at a discount relative to their issue price. These instruments include treasury bills, commercial paper and financial bills, bank acceptances, negotiable certificates of deposit.
2.6.1. Bank Acceptance
Commitment of the resident bank towards the foreign correspondent. This commitment consists of paying the foreign supplier in case its client importer for whom it has accepted the bills fails to execute.
2.5.2. Commercial Bills in Force
These are commercial bills not yet due.
2.5.3. Overdue and Unpaid Commercial Bills
These are commercial bills overdue and unpaid.

3. Other Commitments
Other commitments represent a residual category and cover all commitments not enumerated in the previous headings. B. Off-Balance Sheet
1. Commitments in favor or on behalf of financial intermediaries.
1.1. Refinancing Agreements.
Refinancing ceiling granted to a bank or other financial institution that can be realized either by firm purchase of bills representative of credits or by guaranteed loans on the money market without deduction of already realized uses. These are available refinancing agreements.

1.2. Confirmation of Opening of Documentary Credits
Receipt of an opening of a documentary credit made for example by a foreign correspondent if it concerns an export; the bank commits to pay the exporter when he submits the agreed documents, and thereby confirms the opening of the documentary credit.

1.3. Guarantees-Avails-Endorsements-Acceptances-Others
Guarantees given by the bank on commercial bills or otherwise.

Commitments in favor or on behalf of clientele
2.1. Acceptance or Payment Commitment
Acceptances or payment commitments by commercial bills or otherwise.
2.2. Opening of Documentary Credits
Transmission to a correspondent, most often foreign, of a client's order regarding a payment to be made against presentation of documents. This order can be confirmed by the bank and subsequently by the correspondent.
2.3. Other Credit Openings
Operation which is, most often, a simple transfer.
2.4. Guarantees-Avails and Other Guarantees, in favor of Credit Organizations
By these acts, the bank commits to substitute itself vis-à-vis a third party, with its client, if the latter defaults, in favor of a credit organization, Customs or another beneficiary.
Real guarantees conferred outside money markets
Mortgages on real estate or pledges with dispossession on mobilizable assets given as security for a debt.
Spot Exchange Operations
This commitment is recorded in the order account expressing the currencies to be delivered: currencies sold or lent not yet delivered.

BANQUE CENTRALE DU CONGO
CODIFICATION DES OPERATIONS DE CHANGE
Codes - External Assets and Liabilities - Exchange Position.
CODE LABEL
1 ASSETS
ON THE ASSET SIDE
A1 Monetary Gold
A11 Monetary gold on deposit
A12 Monetary gold receivable
A121 Monetary gold receivable from third parties A2 I.M.F.
A21 SDR Allocation
A211 Demand assets in SDRs
A22 Reserve Position in the I.M.F.
A221 Deposits
A222 Loans
A3 Central Bank
A31 Available Accounts
A311 Available Accounts
A32 Others
A321 Short-term accounts
A322 Medium and long-term accounts
A4 Foreign Currency Assets
A41 Cash
A411 Cash
A42 Correspondents
A421 Demand assets
A422 Call money
A423 Short-term placement
A424 Medium and long-term placement
A425 Provisions for covered documentary credits A426 Others A43 Other short-term receivables A431 From subsidiaries and Agencies A432 Collections A433 Others A44 Securities A441 Commercial Bills Portfolio A442 Debtors by acceptance A443 Public Bond Securities A444 Other securities A5 Other claims A51 Other claims A511 Other claims B. OFF-BALANCE SHEET B1 Liabilities received from financial intermediaries B11 Central Bank Rediscount Agreements B111 Central Bank Rediscount Agreements B12 Other refinancing agreements B121 Other refinancing agreements B131 Guarantees - avails - Endorsements - Acceptation - Others B2 Real guarantees received outside money market B21 Real guarantees received outside money markets B211 Real guarantees received outside money markets B3 Spot Exchange Operations B31 Currencies bought or borrowed and not yet received B311 Currencies bought or borrowed and not yet received B4 Forward Exchange Operations B41 Currency receivable against Congolese Franc to be deliver (Financial Inst.) B411 Currency receivable against Congolese Franc to be deliver (Financial Inst.) B42 Currency receivable against Congolese Franc to be deliver (clientele) B421 Currency receivable against Congolese Franc to be deliver (clientele)

CODE LABEL
LIABILITIES
E. LIABILITY
E1 Credits to I.M.F.
E11 Credits to I.M.F.
E111 Credits to I.M.F.
E2 Commitments in foreign currencies
E21 Correspondents
E211 Demand commitments
E212 Callmoney
E213 Short-term commitments
E214 Medium and long-term commitments
E215 Uncovered Documentary Credits in force
E216 Overdue and unpaid uncovered Documentary Credits E22 R.M.E. Accounts E221 On demand E222 On term E23 N.R.M.E. Accounts E231 On demand E232 On term E24 Provision for covered documentary credit E241 Provision for covered documentary credit E25 Securities E251 Bank Acceptance E252 Commercial bills in force E253 Overdue and unpaid commercial bills E254 Arrears of invisibles E3 Other commitments E31 Other commitments E311 Other commitments F. OFF BALANCE SHEET F1 Commitments in favor or on behalf of financial intermediaries F11 Refinancing Agreements F111 Refinancing Agreements F12 Confirmation of openings of documentary credits F121 Confirmation of openings of documentary credits F13 Guarantees - avails - endorsements - acceptances - others F131 Guarantees - avails - endorsements - acceptances - others F2 Commitments in favor or on behalf of clientele F21 Acceptance or payment commitments F211 Acceptance or payment commitments F22 Opening of documentary credits F221 Opening of documentary credits F23 Other credit openings F211 Other credit openings F24 Guarantees - Avails and Other guarantees, in favor of credit organizations F241 Guarantees - Avails and Other guarantees, in favor of credit organizations F3 Real guarantees conferred outside money markets F31 Real guarantees conferred outside money markets F311 Real guarantees conferred outside money markets F4 Spot Exchange Operations F41 Currencies sold or lent not yet delivered F411 Currencies sold or lent not yet delivered F5 Forward Exchange Operations F51 Congolese Franc receivable against currencies to be delivered (Fin. Org.) F511 Congolese Franc receivable against currencies to be delivered (Fin. Org.) F52 Congolese Franc receivable against currencies to be delivered (clientele) F521 Congolese Franc receivable against currencies to be delivered (clientele)

BANQUE CENTRALE DU CONGO
CODIFICATION DES OPERATIONS DE CHANGE.
DESCRIPTION OF EXCHANGE OPERATIONS
1. CURRENT TRANSACTIONS ACCOUNT
1. GOODS
1.1. General Merchandise
In this heading are classified movable goods that are the object of a transfer of ownership between residents and non-residents. The following goods also enter into this category:

Commodity gold, metal silver, diamond, other stones and precious metals in raw state (unrefined);
banknotes and coins that are not in circulation at the time of registration, as well as unissued securities, which must all be evaluated at their price as products and not according to their nominal value;
electricity, gas and water;
livestock crossing the border;
postal parcels;
exports and imports of public administrations (other than those carried out between these administrations and their personnel), including goods financed by grants or loans;
goods acquired or ceded by a stock regulation body;
personal effects of migrants: all household and personal effects of migrants as well as movable equipment actually transferred from the old to the new economy;
smuggling detected or not by customs;
other shipments not registered in commercial statistics, for example gifts and goods of a value lower than a specified minimum.

1.2. Goods imported or exported for processing
This heading covers any activity carried out under contract. Example: oil refining, metal transformation, vehicle assembly, clothing manufacturing etc... It should be emphasized that the transformation operation entails a significant physical modification of the good (work on materials). Also included in this heading are goods to which a certain value is added, for example by packaging or labeling.

1.3. Repairs of goods.
This heading covers repair activities involving work performed by residents on movable goods belonging to non-residents (or vice versa), such as ships, aircraft and other transport equipment.

1.4. Purchases of goods in ports by carriers.
Purchases of goods in ports, airports and other border posts cover purchases of goods from abroad, such as fuel, supplies, provisions and stores, by resident carriers, and purchases made by non-resident carriers in the economy establishing its balance of payments.

1.6. Non-monetary gold, other stones and precious metals
This heading covers exports and imports of gold held as a store of value, as well as other stones and precious metals.

1.6. Military equipment and supplies

SERVICES
2.1. Transport.
This heading groups all land, sea, air, river, lake and other transport services (notably by space route, oil pipeline or gas pipeline) provided by residents of one economy to those of another economy. It may concern:

passenger transport;
rerouting of goods (freight);
rental of transport means with crew (time charter) and auxiliaries and annexes related thereto;
maintenance and cleaning of transport equipment in ports and airports, terminals, etc.
Towing, storage, warehousing, packing and repacking services are recorded among other transport services.

2.2. Travel.
This heading essentially covers goods and services provided by an economy to travelers during a stay of less than one year on the territory of this economy. By travelers, one must understand tourists, businessmen, students and patients. For these two last categories, the one-year rule does not apply.

2.3. Communication Services
These services comprise two major categories of transactions relating to international communications between residents and non-residents; namely:
telecommunications which encompass the transmission of sounds, images and other information by telephone, telex, telegram, cable, radio or television, satellite, electronic mail, fax etc., including network communications, teleconferences and support services;

Services of post and messaging, covering the collection, transport and distribution of mail (letters, newspapers, periodicals, brochures and other printed works) and parcels by national postal administrations and other operators, as well as postal counter services and rental of post office boxes.

2.4. Building and public works services
This component covers works executed as part of construction and installation projects by employees of a company outside its economic territory. Railway works repairs, port and airport installations are also included in this category.

2.5. Insurance services
This component includes the various forms of insurance provided to non-residents by resident insurance companies (and vice versa). It includes freight insurance, life insurance, damage or accident insurance, medical insurance, civil liability, fire insurance, maritime and air insurance, etc., and reinsurance. Insurance services also include commissions paid by agents linked to insurance transactions.

2.6. Financial intermediation services
This category encompasses all financial intermediation services between residents and non-residents, and auxiliary services (excluding those provided by insurance companies and pension funds). This includes:

commissions paid to intermediaries as remuneration for services related to
- for example, letters of credit, bank acceptances, credit lines,
- leasing and transactions involving foreign currency assets, etc.;
commissions and other fees related to securities transactions, brokerage,
- placement of issues, guarantees, amortization, financial swap agreements,
- options and other hedging instruments for financial markets;
broker commissions on commodity futures markets;
services related to asset management, administration and regulation
- of financial markets, custody of securities, etc.;
service commissions on purchases of IMF resources;
commissions related to unused balances under IMF-approved confirmation agreements or extended arrangements.

2.7. Computer and information services.
This component covers transactions between residents and non-residents regarding services related to computer data processing and information. These include in particular:

the development and creation of databases;
data processing;
the provision of information processing services on a time-sharing basis or for a specific period;
full-time management of computer equipment;
hardware consulting;
software applications, which includes the design, development and
- programming of systems meeting specific client needs;
maintenance and repair of computers and peripheral equipment;
services provided by news agencies, notably the communication
- of information, photographs and in-depth articles to the media;
direct (individual) subscriptions to newspapers and periodicals;

2.8. Royalties and license fees
Royalties and license fees covering payment and receipt flows between residents and non-residents that are linked to:

the legal use of non-produced, non-financial intangible assets and property rights (such as patents, copyrights, trademarks,
- industrial manufacturing processes, franchising, etc.);
the exploitation, under license agreements, of original works or prototypes created, such as manuscripts and films.

2.9. Other business services.

2.9.1. International trade and other services related to
commer c
By international trade in goods, we mean the acquisition by a resident trader (of the economy compiling its BOP) of a good from a non-resident and its subsequent resale to another non-resident without the good crossing the border of the economy compiling its accounts. This includes all commissions on:

transactions of goods and services between non-residents and resident traders,
- commodity brokers, distributors and commission agents;
transactions involving ships, aircraft and sales by
- auction.

2.9.2. Leasing without operators (rental).
This category covers:

rentals provided - other than leasing - by residents to non-residents and vice versa, as well as bareboat chartering, without crew, of ships,
- aircraft and transport equipment such as railway wagons, containers, pontoons;
rental of films, magnetic tapes, records, etc.

2.9.3. Various specialized and technical business services

2.9.3.1. Legal, accounting, management consulting and public relations services.
This category covers services provided by residents to non-residents (and vice versa) in the following areas:

legal advice, representation and documentation;
accounting, audit, bookkeeping and services related to taxation;
management, planning and organization consulting, for rationalization, cost control
- and efficiency and from a human resources perspective, notably regarding;
employer-employee relations, etc.
This also includes public relations, but not advertising.

2.9.3.2 Advertising and market research services.
These services, which give rise to transactions between residents and non-residents, include:

the design, creation and marketing of advertising campaigns by
- advertising agencies;
the placement of advertisements with media as well as the purchase and sale of advertising space;
exhibition services provided by trade fairs; product promotion
- abroad;
market prospecting and opinion polls on various topics.

2.9.3.3. Architecture, engineering and other technical services.
This category includes transactions between residents and non-residents regarding:

the architectural aspects of development projects, notably
- urban;
planning the construction of works such as dams, bridges or airports,
- project layout and site supervision, turnkey project delivery, etc.
surveying;
testing and certification of products;
technical inspection services.

2.9.3.4. Agricultural and mining services and processing at the place of import or export.
This category covers transactions relating to:

services related to crops, for example protection against insects and diseases;
forestry services;
services associated with extractive industries, for example ore analysis;
on-site processing of import or export products (exclusively) that have been imported but are not re-exported (or vice versa), such as nuclear waste.

2.9.3.5. Other services
This category groups elements such as:

personnel placement, security and investigation services, translation
- and interpretation, photographic services, building cleaning, etc.
payments for supplies acquired locally, payments for public utilities
- etc.... made by non-resident building and public works companies.

2.10. Personal, cultural and leisure services
These services are subdivided into two categories:

2.10.1. Audio-visual and related services.
These are primarily services and commissions related to the production:

of films or video;
of radio and television broadcasts (live or recorded);
of musical recordings;
of rental fees received or paid;
of royalties received by actors, directors, producers, etc....
of royalties for distribution rights ceded to media for a limited
- number of performances in certain regions;
of fees paid to actors, producers, etc.... participating in theatrical or musical productions, sports events, circus shows, etc....
of royalties for distribution rights (on television, radio, etc...) related
- to these activities.

2.10.2. Other cultural and recreational services.
These include in particular:

other personal, cultural and recreational services such as those associated
- with museums, libraries, archives and other cultural, sports and
- recreational activities;
service fees received or rendered abroad (including correspondence courses)
- by teachers or doctors.

2.11. Services provided to or received by public administrations not included elsewhere
This category encompasses the residual transactions of public administration services, including those of international organizations. Included are:

all transactions of embassies, consulates, military units and defense organs with residents of the economy in which they are located and with other economies. These are transactions relating to the provision of goods and services (such as office equipment, electricity, water and gas, official cars and receptions);
personal expenses of diplomats and consular staff and persons dependent on them in the economy where they are posted.
Also considered in this category:
transactions carried out by other official entities established in a foreign economy, such as aid missions, tourism offices, information and promotion offices, etc....;
transactions associated with general administrative expenses, etc.... that are not recorded elsewhere, for example, fees charged for the issuance of passports or airport taxes;
transactions occasioned by aid services provided by civil organizations that result in no payment and whose counter-entry is recorded under transfers;
transactions related to the stationing of foreign armed forces under joint military arrangements and the presence of peacekeeping forces, for example those of the U.N.;
goods purchased for their own use during a trip abroad by public administration personnel.

INCOME

3.1. Employee compensation.
This category includes wages, salaries and other benefits, in cash or in kind, earned by individuals in an economy other than that of which they are residents, for work performed for the benefit of a resident of that economy (and paid by them). Included in this compensation:

contributions paid by employers on behalf of their employees to
- social security schemes or private insurance companies or pension funds to guarantee social protection for employees;
remuneration paid by international organizations to their employees who
- reside in the economy where the organization is located;
remittances from persons engaged in an activity in an economy where
- they stay for less than a year, to their country of residence.

3.2. Direct investment income.
The two categories listed in this section - equity securities and debt securities - cover the income earned by a direct investor, resident in an economy, from direct investment capital owned in an enterprise located in another economy.

3.2.1. Equity income
This category is subdivided into two categories:

3.2.1.1. Distributed profits.
These can take the form of dividends on ordinary or preferred shares held by the direct investor in affiliated enterprises located abroad (or by the foreign direct investor in a resident enterprise).

3.2.1.2. Reinvested earnings and undistributed profits
of branches.
This income includes the direct investor's share in:

profits of foreign subsidiaries and affiliated enterprises that are not
- distributed as dividends;
profits of branches and other unincorporated enterprises that are not
- remitted to the direct investor.

3.2.2. Debt securities income
These are the interests paid on inter-enterprise loans to the direct investor by affiliated enterprises located abroad (or vice versa). Also to be considered in this category is the income from preferred shares without voting rights.

3.3. Portfolio investment
Under this category are grouped the income from transactions between residents and non-residents, derived from the holding of shares, bonds, other debt instruments of various money market instruments or financial products derived from them. They are subdivided into:

income from debt securities (interest)
income from equity securities (dividends).

3.4. Other investments
Under this category are listed the interest received on all other claims (assets) of residents on non-residents and the interest paid on all other liabilities of residents to non-residents.

3.4.1. Interest on assets is that associated with:

short-term and long-term loans;
deposits and other commercial and financial claims;
interest received by the economy considered on:
- its SDR holdings;
- its creditor position at the IMF;
- loans granted to it by the IMF.

3.4.2. Interest on liabilities is that relating to:

short-term and long-term borrowings;
deposits and other commercial and financial claims;
commissions related to the use of IMF facilities in the form of credits and loans.
Interest paid to the IMF on its SDR holdings, in the General Resources Account, is also to be included in this category.

CURRENT TRANSFERS

4.1. Transfers of public administrations.
This category includes current international cooperation, which comprises current transfers, in cash or in kind, between public administrations on the one hand, and international organizations on the other. This includes in particular:

cash or bank transfers between public administrations,
- intended to finance the current expenses of the beneficiary public administration;
donations of food, clothing, other consumer goods, medicines
- etc., whether they are part of relief provided in case of famine, earthquakes,
- other natural disasters or war, or whether they fall under other cooperation actions;
donations of certain military equipment, namely armaments and support and launch systems which, by convention, are not considered as fixed assets;
annual contributions, membership fees, or other contributions regularly paid by member countries to international organizations, as well as the transfers that these latter regularly make, as part of their action, in favor of public administrations;
remuneration (and other fees and expenses) of technical assistance personnel posted in the host economy, paid to a public administration by an international organization or by a public administration of another economy.

Other transfers of public administrations encompass the transactions between the public administrations of the economy compiling its balance of payments and non-resident entities that are neither public administrations nor international organizations. In this category are included:

on the credit side:

current taxes on income and wealth;
other current transfers such as contributions to social security schemes;

on the debit side

social benefits;
tax refunds;
insurance indemnities paid;
pensions paid under non-funded pension schemes.

It is also important to note that any fine, penalty or commission imposed in the form of interest in case of delay in the settlement of taxes are recorded as current transfers. Similarly, payments (fees) to be paid to register a means of transport or to obtain a fishing or hunting license are by convention treated as taxes and therefore form part of current transfers.

4.2. Current transfers of other sectors
These are:

current transfers between sectors other than public administrations and
- non-residents, i.e., transfers between individuals or between institutions or
- organizations not under public administrations (or between the former and the latter);
current transfers between non-resident institutions under public administrations and individuals or institutions not under public administrations.
These transfers are divided into:
cash transfers intended to finance the current expenses of beneficiaries;
donations of food, clothing, other consumer goods, medicines
- etc., whether they are part of relief provided in case of famine, earthquakes,
- other natural disasters or war, or whether they fall under other cooperation actions;
workers' remittances. These are current transfers of migrants having an
- employment in the immigration economy that counts them among its residents;
regular contributions (including membership fees) to charitable, religious, scientific or cultural organizations;
donations, dowries and inheritances;
alimony and other subsistence remittances;
lottery tickets sold and prizes distributed;
payments under non-funded pension schemes made by
- organizations not under public administrations.

Also part of other transfers are the entries:

debit for:

income tax, wealth tax, etc....
social security contributions paid by the private sector of the economy compiling its balance of payments to public administrations of another economy.

credit for:

tax refunds;
social security benefits;
premiums (net of service commissions);
insurance indemnities (other than life insurance).

II. CAPITAL ACCOUNT AND FINANCIAL OPERATIONS.

II.1. CAPITAL

1.1. Capital transfers
There is a capital transfer in kind when:

a fixed asset is transferred;
a financial commitment is cancelled by mutual agreement between the debtor and the creditor without the latter receiving any consideration.

1.1.1. Public administrations

1.1.1.1. Debt forgiveness
When a creditor belonging to the public administrations of an economy formally agrees by contract with a debtor of another economy to forgive (cancel) in part or in total the obligations of this debtor towards this creditor, the amount of the extinguished debt is to be recorded in this category.

1.1.1.2. Other transfers of public administrations:

investment grants made in cash or in kind by public administrations for the benefit of non-resident units or vice-versa, in order to cover in whole or in part the cost of acquisition of fixed assets by these units;
transfers by public administrations to non-resident units of transport equipment, tools, other types of equipment;
direct provision by public administrations of buildings and various installations, for example military establishments such as airfields, quays, roads, hospitals and other constructions;
taxes on the value of assets transferred to non-residents: inheritance taxes and donation taxes which are indemnities paid by administrations to non-residents for major damages caused to equipment or serious injuries that insurance policies do not cover;
indemnities for damages caused by oil spills, major explosions, side effects of medicines, etc.

1.1.2. Other sectors

1.1.2.1. Migrant transfers
These are the counter-entry entries for the flow of goods and variations in financial assets resulting from the migration (change of residence for a period of at least one year) of individuals from one economy to another.

18.1
1.1.2.2. Debt forgiveness
When a creditor not belonging to the public administrations of an economy formally agrees - by contract - with a debtor from another economy to remit (cancel) in part or in total the obligations of this debtor towards this creditor, the amount of the extinguished debt is to be recorded in this item.
1.1.2.3. Other transfers
These are donations for investments made in cash or in kind for the benefit of non-resident units or vice versa, with the aim of covering in whole or in part the cost of acquiring fixed assets by these units. 1/ Includes donations for investment in kind when sectors other than that of public administrations transfer to non-resident units transport equipment, tools, other types of equipment, or directly provide them with buildings and various installations. Regarding indemnities paid by entities not belonging to public administrations, the following entries are recorded on the credit side:

taxes and inheritance duties;
taxes on gifts, levied infrequently and at irregular intervals.
It is also in this item that bequests or significant donations are recorded, including bequests to non-resident non-profit organizations and exceptionally large donations made by households or companies to non-resident non-profit organizations (for example, donations made to universities to finance the construction of residences, libraries, laboratories ...)

1.2. Acquisitions and disposals of non-produced non-financial assets
This item covers transactions involving:

non-produced tangible assets, which are useful or essential for the production of goods and services (for example, land and subsoil resources);

19.1

non-produced intangible assets (patents, copyrights, trademarks, franchises, etc.);
leases or other transferable contracts.

II.2. FINANCIAL OPERATIONS
2.1. Direct investment
A direct investment enterprise is an enterprise, with or without legal personality, in which a direct investor who is a resident of another economy holds at least 10% of the ordinary shares or voting rights (in the case of a company incorporated as a corporation) or the equivalent (in the case of an enterprise not having a separate legal personality) and which has decision-making power in management. Specialized entities, which meet the criteria set out above, regardless of their structure (holding company, shell company, regional headquarters) or special purpose (administration, management of exchange rate risk, financing of direct investments, as well as most of their transactions with other members of this group). However, for specialized entities whose sole purpose is to serve as a financial intermediary (banks and other financial auxiliaries such as stockbrokers), only transactions related to permanent debt and equity participations in companies are to be recorded as direct investments. Private residential real estate investments, for example, secondary residences and other residences belonging to non-residents and reserved for their personal use or rented to third parties, are in principle considered as direct investments. The direct investor can be a natural person, a public or private enterprise with or without a separate legal personality, a group of natural persons or enterprises that are associated, a government or official body, an estate, a trust or a similar structure, which owns (according to the criteria cited above) a direct investment enterprise in an economy other than that of which the direct investor is a resident. Members of a group of associates constituted by natural persons or enterprises are deemed, by virtue of their global share of capital being equal to 10% or more, to have management of the enterprise an influence analogous to that of an individual having a participation of the same order of magnitude.

20.1
Direct investment capital consists of:

capital provided by the direct investor (either directly or through the intermediary of other enterprises with which it is linked) to the direct investment enterprise;
capital received by the investor from this enterprise.
For the economy where the investment is made, this capital includes:
direct fund contributions by the direct investor;
fund contributions by other direct investment enterprises affiliated with the same direct investor.
For the economy of the direct investor, this capital includes only funds provided by the resident investor. It does not include funds received from other sources through the intervention of the direct investor or for which the latter guarantees repayment. Direct investment capital transactions that are recorded according to their destination (i.e., abroad for direct investments by residents and from abroad for direct investments by non-residents) are broken down into equity, a category relating to various transactions linked to inter-company debt.
1.1.1. Equity includes:
the participation in the capital of branches;
all shares of subsidiaries and affiliated enterprises;
other capital contributions.
1.1.2. Reinvested earnings correspond to the share attributable to the direct investor (pro rata of its direct participation in capital) on profits that are not distributed as dividends by subsidiaries or affiliated enterprises, as well as branch profits that are not paid to the direct investor.

21.1
1.1.3. Other direct investment transactions, transactions linked to inter-company debt (between enterprises of the same group) cover loans and borrowings of financial resources, including bond issues and trade credits, between direct investors and subsidiaries, branches, and affiliated enterprises of the equity item. For the economy of the direct investor, these are recorded in direct investments abroad, under the sub-item of liabilities towards affiliated enterprises of the equity item.
Similarly, reverse investments that are not participations will be recorded, according to their direction, under the item of other transactions, in direct investments either abroad or from abroad into the economy. Inter-company transactions between affiliated banks (deposit-taking institutions) and affiliated financial auxiliaries (such as stockbrokers) that are to be included in direct investment capital transactions are limited to those related to permanent debt, equity participations, or, in the case of branches, the fixed capital of affiliated enterprises. Transactions carried out through specialized entities are included in direct investment capital transactions and in the stocks of assets and liabilities corresponding to them in the global external position.

2.2. Portfolio investment
Portfolio investments include, in addition to equity securities and debt securities in the form of bonds and other debt securities, money market instruments, as well as financial derivative products such as options. The main elements of portfolio investments, in both assets and liabilities, are equity securities and debt securities, which are traded (or negotiable) on organized financial markets and on other capital markets. Debt securities are subdivided into bonds and other debt instruments, money market instruments, and financial derivative products, which encompass a whole range of new financial instruments.

22.1
Equity securities are all instruments and documents recognizing in their holder rights to the residual value of the assets of incorporated companies, after settlement of all creditors, in the event of liquidation of the company. This right is usually embodied by shares, units, participation certificates, or other similar documents. Preferred shares or units, which also confer the right to participate in the distribution of the residual assets of an incorporated company in the event of dissolution, as well as investment funds are also included in this definition. Debt securities include:

bonds, other debt instruments, etc....
instruments issued on the money market or negotiable debt securities;
financial derivative products or secondary instruments, such as options, which normally do not reach the stage of actual delivery and are used for multiple purposes: risk hedging, placement, or trading.
Bonds and other debt instruments usually provide their holder with monetary income that is either fixed or variable, but determined by contract. Except for perpetual bonds, bonds and other debt instruments also provide their holder with the unconditional right to receive a fixed sum at a specified date or dates for the amortization of the principal. These securities include non-participating preferred shares and units, convertible bonds, and bonds with optional maturity, the latest of which must be more than one year after the date of issue. This category also includes negotiable deposit certificates with a maturity of more than one year; dual-currency bonds, zero-coupon bonds, and other bonds issued well below par; variable rate bonds and indexed bonds; asset-backed securities, such as mortgage bonds and participation certificates.

23.1
Money market instruments generally confer on their holder the unconditional right to receive a specified fixed amount at a specified date. These instruments are usually traded on organized markets with an interest rate and time to maturity. These instruments include treasury bills, commercial paper, and financial bills, bank acceptances, negotiable deposit certificates (with an initial maturity of one year or less than one year), as well as short-term bills issued under issuance facilities, even if the facility provided by banks is generally of longer term. Certain financial instruments confer on their holder the unconditional right to receive an economic benefit in the form of a cash payment, a primary financial instrument, etc., at a future date. These are derivative or secondary instruments, in that they are linked to a particular financial instrument or indicator (currencies, government bonds, stock price indices, interest rates, etc.), or to a given commodity (gold, sugar, coffee, etc.) which can be bought or sold at a future date. Derivative products can also be linked to the future exchange of one asset for another, pursuant to contractual provisions. The instrument which is a contract - can be negotiable and have value on the market. Among derivative instruments are options (on currencies, interest rates, commodities, indices, etc.), financial forward contracts (including forward exchange contracts), warrants, and devices such as currency and interest rate swaps. Equity and debt securities are then allocated by institutional sector of the resident creditor when it comes to assets and by resident debtor when it comes to liabilities.

2.3. Other investments
The other investments item is a residual item that encompasses all operations on financial assets and liabilities of an economy that do not appear in the items for direct investment, portfolio investment, or reserve assets.

24.1
Assets and liabilities listed in the category of other investments are first listed by instrument. The second level of classification is the breakdown by sector. The sectors are monetary authorities, public administrations, banks, and other sectors. Other investments have a third level: the breakdown by maturity, long-term and short-term. The breakdown of other investments by instrument distinguishes:

trade credits;
loans (including the use of IMF credits and its loans);
currency and deposits (transferable or not);
other assets and liabilities (various receivables and payables).
Trade credits cover claims and liabilities created by virtue of credit granted directly by suppliers and buyers for transactions involving goods and services, as well as advances paid for work in progress to be carried out within the framework of these transactions. Trade credits and advances are often short-term by nature, but their short-term and long-term components are distinguished. Loans or borrowings include financial assets created by the action of a creditor (the lender) who lends resources directly to a debtor (the borrower), in exchange for which the lender receives a non-negotiable document or instrument. This definition also applies to loans intended to finance trade credit, other loans and advances (including mortgage credit), the use of IMF credits and its loans, etc. In addition, repurchase agreements are included among loans, even if, from a legal point of view, they may not be considered as such.

25.1
Leasing is classified among loans because it is considered that this type of contract presupposes the transfer of ownership of the goods to which they relate. Leasing is essentially a method by which the lessee finances the purchase of goods. This contract gives rise to a financial claim - an asset for the lessor and a liability for the lessee. Repurchase agreements or sale and repurchase agreements are agreements by which an institutional unit sells securities at a determined price and undertakes to repurchase them or similar securities at a fixed price and at a subsequent specified date (normally very short term, for example the next day or twenty-four hours later), or at a date left to the discretion of the buyer. By its economic nature, a repurchase agreement is comparable to a loan against collateral in that the buyer of the securities provides funds to the seller, and the securities serve as collateral for the duration of the agreement; this loan is remunerated by the agreed repurchase price, when the transaction is reversed. The item use of IMF credits and IMF loans records withdrawals that a member country makes from IMF resources other than purchases and borrowings under standby arrangements, extended fund facilities, the strengthened structural adjustment facility, and the systemic transformation facility, as well as loans from the trust fund. Currency and deposits are added and grouped into a single component. Currency includes banknotes and coins in circulation that are commonly used to make payments. Deposits are subdivided into transferable deposits and other deposits. Transferable deposits are those that can be exchanged at par on demand without restriction or penalty, are freely transferable by check or transfer, and are commonly used in other ways to make payments. They can be denominated in national or foreign currency. Other deposits include all claims attested by proof of deposit. Non-transferable savings deposits, time deposits, shares (proof of deposit) issued by savings and credit companies, credit unions, housing finance companies or mutual societies for construction financing, etc.

26.1
By definition, other assets and liabilities cover all elements other than loans, currency, and deposits. For example, subscriptions to the capital of non-monetary international organizations are listed under this item, as well as various receivables and payables.

2.4. Reserve assets
Reserve assets are external assets that are immediately available and under the control of monetary authorities and that allow them to finance payment imbalances directly, to indirectly regulate the magnitude of these imbalances through foreign exchange market interventions - to influence the exchange rate of the national currency - and to meet other needs. The category of reserve assets includes monetary gold, the reserve position in the IMF, foreign exchange assets (in the form of currency, deposits, and securities), and other claims. Other substitute assets (external resources, credits, or various conditional resources, all giving rise to liabilities and assimilable to "second-tier" reserves easily mobilizable by monetary authorities) are added to reserve assets. Monetary gold is gold that belongs to the authorities (or to other bodies placed under their effective supervision) and is held as a reserve asset. Monetary gold, as defined in this context, generally has a fineness of at least 995/1000. Monetary gold, like SDRs, is a reserve asset that has no corresponding financial liability. Monetary authorities are considered to monetize gold each time they increase their monetary gold holdings by acquiring commodity gold (i.e., newly extracted gold or gold offered on the private market), and to demonetize gold each time they withdraw monetary gold from their holdings for non-monetary purposes (i.e., selling it to private holders or users). SDRs are international reserve assets created by the International Monetary Fund to increase the other reserve assets of official holders and which it allocates periodically to its member countries, proportionally to their quota.

27.1
They are not considered as liabilities to the IMF, and member countries of this institution to which SDRs are allocated do not have an effective (unconditional) obligation to repay their SDR allocations. SDRs can be used to buy the currency of other member countries (foreign exchange), settle financial obligations, or grant loans. The SDR holdings of monetary authorities can vary due to:

transactions carried out in SDRs with the IMF, with other participants in the SDR Department, or with other holders.
an allocation or cancellation of SDRs.
A member country may have at the General Resources Account of the IMF a position that is recorded in the category of reserve assets and is designated by the expression "reserve position in the IMF". It corresponds to the sum of purchases in the reserve tranche that a member country can make and the amount of all claims it holds on the IMF (under a loan agreement) and which are repayable without formality. Purchases in the reserve tranche are purchases from the IMF of other currencies that do not bring the institution's assets in the currency of a member country to a level higher than its quota (excluding assets that result from the use of IMF credits by member countries). A purchase from the IMF represents an increase in foreign exchange assets and a decrease in the reserve position in the IMF. Conversely, a repurchase decreases foreign exchange assets and increases the reserve position.

Reserve assets are external assets held by non-residents in the following forms: currencies, ecu, bank deposits, government securities, bonds and other debt securities, money market instruments, financial derivative products, equity securities, or non-negotiable claims arising from agreements between central banks or governments. (Foreign exchange assets cover claims that represent the foreign exchange component of the international balanced series). Other claims represent a residual category and cover all claims not yet enumerated that can constitute reserve assets in the form of currencies, deposits, or securities.

BANQUE CENTRALE DU CONGO
CODIFICATION OF FOREIGN EXCHANGE OPERATIONS.
CODES OF FOREIGN EXCHANGE OPERATIONS.
CODE - DESCRIPTION
2 OPERATIONS IN RECEIPTS.
21 GOODS.
211 EXPORTS.
2111
21111
2112:
21121
2113
21131
212
2121
General merchandise.
Export of any general merchandise defined by the OFIDA customs tariff and leaving the national territory. Goods subject to transformation. Export of any good subject to transformation. Goods subject to repair. Export of any good subject to repair. PURCHASE OF GOODS BY NON-RESIDENT TRANSPORTERS MAKING A STOP ON NATIONAL TERRITORY. Receipts from disbursements made by non-resident transporters making stops at maritime, riverine, and lacustrine ports for the purchase of various goods; supply of onboard provisions, coal, fuel oil, bunker fuel, and other goods.

CODE LIBELLE
21211
2122
21221
2123
21231
213
2131
21311
2132
Revenue from disbursements made by non-resident transporters making stops at maritime, riverine, and lacustrine ports for the purchase of various goods; supply of onboard provisions, coal, bunker fuel, and other goods. Revenue from disbursements made by non-resident transporters making stops at Congolese airports for the purchase of various goods; supply of onboard provisions, aviation fuel, and other goods. Revenue from disbursements made by non-resident transporters making stops at Congolese airports for the purchase of various goods; supply of onboard provisions, aviation fuel, and other goods. Revenue from disbursements made by non-resident transporters making stops at Congolese railway and road stations for the purchase of various goods; supply of onboard provisions, fuel, and other goods. Revenue from disbursements made by non-resident transporters making stops at Congolese railway and road stations for the purchase of various goods; supply of onboard provisions, fuel, and other goods. NON-MONETARY GOLD. Non-monetary gold and other precious metals held as a store of value:
-;
Exports of non-monetary gold and other precious metals held as a store of value: gold, stones, and precious metals already worked for jewelry and watchmaking. Non-monetary gold and other precious metals held for other purposes. 2

r j
CODE LIBELLE
21321
214
2141
21411
Exports of non-monetary gold, stones, and other precious metals held for other purposes, notably industrial purposes. Military equipment and supplies. Exports of military equipment and supplies. Exports of military equipment and supplies. 22 SERVICES 221 2211 22111 22112 22113 TRANSPORT Maritime transport Passengers:

sale of maritime passage tickets; exchange of currencies made by non-resident maritime companies and travel agencies corresponding to payments received by them for the transport of persons and their accompanied or unaccompanied baggage.
Freight:
payment of freight charges.
Time charter with crew:
sums due to residents from non-resident transporters for the time charter of transport means;
sums due to residents from the operation of their transport means by non-resident managers.
3

CODE
22115
LIBELLE
22114 Other maritime transport costs:
2212
22121
22122
22123

Port charges: warehousing, customs clearance, towing, repair and maintenance, stevedoring, and mooring costs;
reimbursement of advances to crews of resident transporters.
Other maritime transport costs not included elsewhere.
Air transport.
Passengers:
sale of air passage tickets;
exchange of currencies made by non-resident airline companies and travel agencies corresponding to payments received by them for the transport of persons and their accompanied or unaccompanied baggage. Freight:
payment of freight charges.
Time charter with crew:
sums due to residents from non-resident transporters for the time charter of transport means;
sums due to residents from the operation of their transport means by non-resident managers.
4

CODE LIBELLE
22125
22124 Other air transport costs:
2213
22131
22132
22133

Airport charges: warehousing, customs clearance, towing, repair and maintenance, stevedoring, and stopover costs;
reimbursement of advances to crews of resident transporters.
Other air transport costs not included elsewhere.
Other modes of transport.
Passengers:
sale of passage tickets;
exchange of currencies made by non-resident companies and travel agencies corresponding to payments received by them for the transport of persons and their accompanied or unaccompanied baggage. Freight:
payment of freight charges.
~ . ~_. . .•.
Time charter with crew:
sums due to residents from non-resident transporters for the time charter of transport means; sums due to residents from the operation of their transport means by non-resident managers. 5

J.
CODE LIBELLE
22134
22135
222
2221
22211
Other costs for other modes of transport:

port charges;
disbursements made by non-resident transporters making stops in the Democratic Republic of the Congo, under various headings including: maintenance, stevedoring, mooring, and stopover costs;
reimbursement of advances to crews of resident transporters.
Other costs for other modes of transport not included elsewhere.
.
TRAVEL
Travel for professional purposes.
2222 Travel for personal purposes.
22221
22222
22223
Expenses for stay and subsistence of non-resident travelers on national territory for professional reasons:
crews of boats, airplanes, or other modes of transport;
businessmen, officials on mission.
Expenses for stay and subsistence of tourists.
Expenses for stay and tuition of students.
Expenses for stay for medical treatment, pilgrimages.
6

CODE LIBELLE
223
2231
22311
22312
2232
22321
22322
DIVERSE SERVICES
Communication services.

.
Transactions related to telecommunications: the transmission of sound, images, and other information by telephone, telex, telegram, cable, radio or television, satellite, fax, electronic mail ... including communications via networks and teleconferencing and support services. Transactions related to postal and messenger services, notably the collection, transport, and distribution of mail and parcels. Building and public works services. Revenue covering works carried out within the framework of construction and installation projects provided by Congolese companies to non-residents, including those provided to Foreign Embassies and Consulates and to International Organizations in the Democratic Republic of the Congo including costs of manufacturing, assembly, maintenance, repair, transformation, machining, and contract work. Contracting services: construction and maintenance of buildings and other civil engineering works. -; 7

r
1 CODE LIBELLE
2233
22331
22332
22333
22334
2234
22341
22342
22343
22344
22345
22346
Insurance services.
Premiums and fees received by resident insurance companies for insurance and reinsurance against risks related to the shipment of goods. Indemnities and compensation received by residents from non-resident companies for insurance against risks related to the shipment of goods. Premiums and fees for insurance and reinsurance other than on the transport of goods. Indemnities and compensation for insurance and reinsurance other than on the transport of goods. Financial services. Bank fees and commissions. Commissions and other fees related to securities transactions (SWAP). Brokerage, bonuses, and rebates. Interest and financing fees related to financial operations on goods (futures markets). Service commissions on the purchase of IMF resources other than the reserve tranche. Commissions related to unused balances under IMF-approved confirmation agreements or extended arrangements. 8

CODE LIBELLE
2235
22351
22352
22353
22354
2236
22361
22362
22363
2237
22371
22372
Computer and information services.
Transactions on services related to the processing of computer data and information. Transactions related to the management of computer equipment, hardware consultation, and software applications. Services provided by news agencies. Subscription and sale of newspapers and periodicals. Royalties and license fees. Royalties for cinematographic films and other audio-visual documents. Royalties, duties, or fees and registration fees on patents, licenses, manufacturing processes, trademarks, and artist seals; copyright and reproduction rights. Counterfeiting indemnity. Other business services. International trade and other services related to commerce:

commission on transactions of goods and services.
Lease - operation:
time charter, without crew, of ships, aircraft, and transport equipment such as railway wagons, containers, crane barges, etc ...;
real estate income which includes rents and farm leases.
9

,.. i i
\
J.
(...-
1
1
CODE LIBELLE
: .
!
22373
22374
22375
22376
22377
/
Legal, accounting, and management consulting services:

legal advice, representation, and documentation;
accounting, audit, bookkeeping, and tax advice.
Advertising and market research services:
design, creation, and marketing of advertising announcements;
placement of announcements with media and sale of advertising space;
exhibition services provided by trade fairs, promotion of products in the Democratic Republic of the Congo, market prospecting, and public opinion polling on various subjects ....
Architecture, engineering, and other technical services:
urban planning, planning the construction of works such as dams, bridges, or airports;
.tracé 'des projets èt supervision des chantiers, livraison d'ouvrages clés en main, topographie, cartographie, essai et certification des produits;
services d'inspection technique.
.. '
Agricultural, mining, and processing services at the place of import or export:
forestry services, services associated with extractive industries (e.g., ore analysis);
on-site processing of products such as nuclear waste.
Research and development services: fundamental and applied research.
J,
10

Ii l i CODE LIBELLE
22378
22379
2238
22381
22382
22383
22384
Operating expenses of agencies, offices, sales, and representation.
Other business services such as security, investigation, translation, interpretation, and building cleaning services. Other services to individuals related to education and health. Personal, cultural, and leisure services. Audio-visual and related services: .. ~ . .

advertising costs
radio and television broadcasts;
fees paid to actors, producers ...;
royalties for distribution rights;
musical recordings.
Other personal, cultural, and recreational services such as those associated with museums, libraries, archives, and other cultural, sports, and recreational activities;
-<- .• frais de services reçus ou rendus-à l'étranger, .(y compris les cours par correspondance) par des enseignants ou des médecins. Contributions to scientific, cultural, artistic, and sports organizations having their headquarters in the Democratic Republic of the Congo. Rental of cinematographic films and other audio-visual documents. 11

CODE LIBELLE
2239
22391
22392
22393
22394
22396
Services provided by public administrations not included elsewhere.
Revenue for the operating costs of embassies, consulates, military representations, and international organizations established in the Democratic Republic of the Congo. Revenue collected for the current expenses of foreign diplomats and consular personnel as well as persons who are dependents of theirs in the Democratic Republic of the Congo. Revenue collected for the purchase of durable goods for their own use by the personnel of a foreign public administration and international organizations (example: cars, televisions ...) Revenue collected for the operating costs of other foreign official entities established in the Democratic Republic of the Congo ("aid commission", tourism and information offices, etc.). 22395 Revenue collected by the Democratic Republic of the Congo for chancery fees and Public Treasury fees not accounted for elsewhere (Duties levied on the issuance of visas, airport taxes, etc ...). Revenue collected for transactions related to the stationing of foreign armed forces within the framework of joint military operations and the presence of peacekeeping forces (U.N. - O.A.U. etc ...). 12

,.
CODE LIBELLE
23 REVENUES AND CURRENT TRANSFERS.
231 EMPLOYEE REMUNERATION.
2311 Transfers of savings on salaries, wages, remuneration, fees.
23111 Transfers of savings on salaries, wages, remuneration, fees.
2312 Pensions and social insurance, family allowances, paid leave, sickness benefits, accident benefits. 23121 Pensions and social insurance, family allowances, paid leave, sickness benefits, accident benefits. 2313 Remuneration paid to residents by institutional entities enjoying extra-territorial status (Embassies - Consulates - International Organizations). 23131 Remuneration paid to residents by institutional entities enjoying extra-territorial status (Embassies - Consulates - International Organizations). 232 INVESTMENT INCOME. 2321 Direct investment. 23211 Income from equity securities:
/. dividends from direct investments made by residents abroad, including distributed or undistributed profits of branches and reinvested profits. -; 13

CODE LIBELLE r
23212
2322
23221
23222
2323
23231 .
23232
233
2331
23311 r
Income from debt securities:
interest on loans granted by the direct investor to affiliated companies located abroad; income received from preferred shares without voting rights. Portfolio investment. Income from equity securities:
'. dividends from portfolio investment income made by residents abroad.
Income from debt securities interest on portfolio investments made by residents abroad. Other investments. .tt Income from other investments ~ various interest on loans, deposits, and other claims made by residents abroad. Interest received on the creditor position at the I.M.F. :
-:-: interest received on holdings in SDRs ;
:- interest on the creditor position at the I.M.F.; commission bonuses on unused loan balances. CURRENT TRANSFERS. Public administration. Transfers made in cash or by bank transfer in favor of the Democratic Republic of the Congo for international cooperation. 14

( ,
CODE LIBELLE
23312
23313
23314
2332
23321
23322
23323
23324
/'
In-kind current transfers related to current international cooperation such as donations of food, clothing, medicine, and other consumer goods. Current taxes on income and wealth; and contributions to the social security scheme. Contributions to scientific, cultural, artistic, and sports organizations, and contributions to international organizations (OAU, UN) having their headquarters in the Democratic Republic of the Congo. Other sectors. , . "' ..... "~'-''''-'-:':':::;:
Remittances from workers) transfers of savings on salaries, wages, remuneration, fees~-.::-·----·-· - . ..... . ~ . - Other transfers:

donations and relief received by resident individuals,
alimony, gifts; transfers for the benefit of resident private institutions, philanthropic, cultural, scientific, religious, charitable institutions; contributions to missionary services. Taxes on income and wealth as well as contributions to social security schemes. Contribution to scientific, cultural, and artistic organizations and sports and contributions to international organizations having their headquarters in the Democratic Republic of the Congo. 15 ~.

CODE LIBELLE
24 CAPITAL ACCOUNT
241 CAPITAL TRANSFERS
2411
24111
24112
241.2
24121
24122
24123
Public administrations.
~ .
Debt forgiveness by contractual means.
Other transfers:

donations for investments in cash or in kind;
taxes on the value of transferred assets;
indemnities for damages caused by oil spills, major explosions, and side effects of medicines.
Other sectors.
Migrant transfers:
:; transfer of ownership of a fixed asset ;
~"transfers related to the acquisition of a fixed asset
cash transfers.
Debt forgiveness by contractual means:
total or partial cancellation of an obligation by the creditor.
Other Transfers:
donations for investments in cash or in kind;
taxes and inheritance duties and taxes on donations;
bequests and large donations (example: bequests made to universities for the construction of residences, libraries, etc ...).
settlements related to avals, sureties, or guarantees: relating to imports, exports, transit operations, and indemnities for termination or non-performance of contracts relating to imports, exports, or transit operations.
/
.:
16

CODE J-IBELLE
242
2421
24211
2422
24221
2423
24231
ACQUISITION OF NON-FINANCIAL NON-PRODUCED ASSETS Acquisition of intangible non-financial assets, such as patents, copyrights, or trademarks ... Acquisition of intangible non-financial assets, such as patents, copyrights, or trademarks ... Acquisition of tangible non-financial assets (land, subsoil resources) by public administrations or by an international organization (for the purpose of installing an Embassy or a comparable institution) and by other sectors. . Acquisition of tangible non-financial assets (land, subsoil resources) by public administrations or by an international organization (for the purpose of installing an Embassy or a comparable institution) and by other sectors. Baux and transferable contracts Baux and transferable contracts. ". -; 17

CODE LIBELLE
25131
252
2521
25211
2522
25221
2523
./
25231
Other transactions (inter-company debts):
_.- claims on affiliated companies;

debt securities issued by affiliated companies;
other claims on affiliated companies.
DIRECT INVESTMENT ENTERPRISES.
Share capital.
Share capital:
claims on direct investors of direct investment enterprises with economic activity;
claims on direct investors of building and public works companies.
Reinvested earnings.
Reinvested earnings.
Other transactions.
Other transactions:
claims on direct investments including: debt securities issued by direct investors;
other claims on direct investors.
19

"..
CODE LIBELLE
26 - PORTFOLIO INVESTMENT
261
2611
26111
2612
26121
2613
26131
2614
26141
262
2621
26211
26212
26213
26214~
2622 J
26221
26222
26223
26224
EQUITY SECURITIES (SHARES - PARTS - CERTIFICATES, BOND, etc ...)
Monetary authorities
Monetary authorities ~
Public administrations
Public administrations
Banks
Banks
Other sectors
Other sectors
DEBT SECURITIES:
Bonds and other borrowing securities, with a maturity of more than 1 year ex: non-participating preferred shares and bonds, convertible bonds, and bonds with optional maturity.

Monetary Authorities
Public Administrations
:'Banks
Other sectors
Money market instruments for short-term negotiable debt (with a maturity of less than or equal to 1 year); ex: Treasury bills, Treasury notes, financial bills, bank acceptances, negotiable certificates of deposit
Monetary Authorities
Public administrations
Banks
Other sectors.
2623 Financial derivative products; ex: option, warrant, financial futures contract, currency swaps. 26231 26232 26233 26234
1
~.
Monetary Authorities
Public administrations
:..Banks
Other sectors
20
/

CODE LIBELLE
27 OTHER INVESTMENTS
271
2711
27111
27112
2712
27121
27122
272
2721
27211
2722
27221
273
2731
27311
27312
2732
27321
27322
2733
27331
27332
COMMERCIAL CREDITS
Public administrations:

Long-term commercial credits;
Short-term commercial credits.
Other sectors :
Long-term commercial credits;
:..Short-term commercial credits.
EXPORT PRE-FINANCING
Public administrations: pre-financing received by the public sector.
Public administrations: pre-financing received by the public sector.
Other sectors: pre-financing received by the private sector.
Other sectors: pre-financing received by the private sector.
LOANS
Monetary authorities:
:; Short-term loans-;
-:Long-term loans.
Public administrations:
c, Short-term loans
Long-term loans ..
Banks:
Short-term loans;
Long-term loans.
21

1,;-
" i CODE LIBELLE
2734
27341
27342
274
2741
27411
2742
27421
2743
27431
2744
27441
275
2751
27511
27512
2752
27521
27522
2753
27531
27532
2754
27541
27542
Other sectors :

short-term loans :.
~'long-term loans.
FIDUCIARY CURRENCY AND DEPOSITS
With Monetary Authorities;
With Monetary Authorities;
With Public Administrations;
With Public Administrations ;
With Banks;
With Banks;
With other sectors;
With other sectors.
OTHER ASSETS
Monetary authorities:
other long-term assets;
:. other short-term assets.
Public administrations:
other long-term assets ;
other short-term assets.
Banks:
other long-term assets;
other short-term assets.
Other sectors :
other long-term assets;
other short-term assets.
22

CODE LIBELLE
28 RESERVE ASSETS
281
2811
28111
282
2821
28211
283
2831
28311
2832
28321
284
2841
28411
28412
2842
28421
28422
28423
MONETARY CURRENCY
Monetary gold
Monetary gold
SPECIAL DRAWING RIGHTS
Special Drawing Rights
Special Drawing Rights
RESERVE POSITION IN THE IMF
Deposits
Deposits
Loans
Loans
FOREIGN CURRENCY ASSETS
Currency and deposits:

with monetary authorities;
with banks.
Securities:
equity securities;
bonds and other debt securities.
Money market instruments and financial derivatives.
23

CODE LIBELLE
285 OTHER RECEIVABLES
2851 Currency and deposits.
28511 Currency and deposits.
2852 Securities:
28521 Equity securities;
28522 Debt securities.
29 RECONCILIATION OPERATIONS
291 REVERSALS OF ENTRIES
2911
29111
Reversal of entries.
Reversal of entries previously made prior to exit.
292 OPERATIONS TO BE JUSTIFIED
2921
29211
Operations to be justified.
Operations to be justified subsequently.
24

CODE LIBELLE
3 EXPENSE OPERATIONS
31 GOODS
311 Imports
3111 General merchandise.
31111 Import of any general merchandise defined by OFIDA (Customs Tariff) and entering national territory. 3112 Goods subject to transformation. 31121 Import of any goods subject to transformation. 3113 Goods subject to repair. 31131 Import of any goods subject to repair. 312 Purchase of goods by resident carriers making stops on foreign territory. 3121 Disbursements made by resident carriers making stops at foreign maritime, riverine, and lacustrine ports for the purchase of various goods; supplies of onboard provisions, coal, bunker fuel, aviation fuel, and other goods. 31211 Disbursements made by resident carriers making stops at foreign maritime, riverine, and lacustrine ports for the purchase of various goods; supplies of onboard provisions, coal, bunker fuel, aviation fuel, and other goods. 3122 Disbursements made by resident carriers making stops at foreign airports for the purchase of various goods; supply of onboard provisions, aviation fuel, and other goods. 25

CODE LIBELLE
31221 Import of non-monetary gold and other precious metals held as value reserves: gold, stones, and other precious metals already worked for jewelry and watchmaking. 31221 3123 31231 Disbursements made by resident carriers making stops at foreign airports for the purchase of various goods; supply of onboard provisions, aviation fuel, and other goods. Disbursements made by resident carriers making stops at foreign railway and road stations for the purchase of various goods; supplies of onboard provisions, fuel, and other goods. Disbursements made by resident carriers making stops at foreign railway and road stations for the purchase of various goods; supplies of onboard provisions, fuel, and other goods. Non-monetary gold. Non-monetary gold and other precious metals held as value reserves. Non-monetary gold and other precious metals held for other purposes. Import of non-monetary gold and other precious metals held for other purposes, notably industrial. Military equipment and supplies.

CODE LIBELLE
31221
3123
31231
313
3131
31311
3132
31321
314
3141
31411
Disbursements made by resident carriers making stops at foreign airports for the purchase of various goods; supply of onboard provisions, aviation fuel, and other goods. Disbursements made by resident carriers making stops at foreign railway and road stations for the purchase of various goods; supplies of onboard provisions, fuel, and other goods:
Disbursements made by resident carriers making stops at foreign railway and road stations for the purchase of various goods; supplies of onboard provisions, fuel, and other goods. Non-monetary gold. Non-monetary gold and other precious metals held as value reserves. Import of non-monetary gold and other precious metals held as value reserves: gold, stones, and other precious metals already worked for jewelry and watchmaking. Non-monetary gold and other precious metals held for other purposes. Import of non-monetary gold and other precious metals held for other purposes, notably industrial. Military equipment and supplies. Import of military equipment and supplies. Imports of military equipment and supplies. 26

CODE LIBELLE
32 SERVICES
321 TRANSPORTS.
3211 Maritime transport.
32111 Passengers:

purchase of maritime passage tickets; exchange of currencies made
by non-resident shipping companies and travel agencies corresponding to payments received by them related to the transport of persons and their accompanied or unaccompanied baggage. Freight: payment of freight charges. Time charter with crew:
sums paid by residents to non-resident carriers for the time charter of their means of transport;
sums paid by residents to non-resident managers for the operation of their means of transport.
Other maritime transport costs
Port charges: warehousing, customs clearance, towing, repair, maintenance, stevedoring, and mooring costs
reimbursement of advances to crews of non-resident carriers.
Other maritime transport costs not included elsewhere.
27

CODE LIBELLE
3212 Air transport
32121 Passengers:

purchase of air passenger tickets;
exchange of currencies made by non-resident airlines and travel agencies corresponding to payments
received by them related to the transport of persons and their accompanied or unaccompanied baggage. Freight:
payment of freight charges.
Time charter with crew:
sums paid by residents to non-resident carriers for the time charter of their means of transport
sums paid by residents to non-resident managers for the operation of their means of transport.
Other air transport costs:
Airport charges: warehousing, customs clearance, towing, repair, maintenance, stevedoring, and layover costs;
reimbursement of advances to crews of non-resident carriers.
Other air transport costs not included elsewhere.
28

CODE LIBELLE
3213 Other modes of transport
32131 Passengers:

purchase of passenger tickets;
exchange of currencies made by resident companies and travel agencies corresponding to payments received by them
related to the transport of persons and their accompanied or unaccompanied baggage. Freight:
payment of freight charges.
Time charter with crew:
sums paid by residents to non-resident carriers for the time charter of their means of transport;
sums paid by residents to non-resident managers for the operation of means of transport belonging to residents.
Other costs for other modes of transport:
port charges;
disbursements made by resident carriers making stops abroad for various reasons including: warehousing costs,
customs clearance, towing, repair, maintenance, stevedoring, mooring, or layover costs;
reimbursement of advances to crews of non-resident carriers.
Other transport costs for other modes of transport not included elsewhere. 29

CODE LIBELLE
322 TRAVEL.
3221 Travel for professional purposes
32211
3222
32221
32222
32223
323
3231
32311
32312
Expenses for stay and subsistence of travelers going abroad for professional reasons (crews of ships, aircraft, or other modes of transport; businessmen, officials on mission ...). Travel for personal purposes Expenses for stay and subsistence of resident tourists abroad. Expenses for stay and tuition of resident students abroad. Expenses for stay for medical treatment, pilgrimages of residents abroad. VARIOUS SERVICES. Communication services Transactions related to telecommunications, transmission of sounds, images, and other information by telephone, telex, telegram, cable, radio or television, satellite, fax, electronic mail .... including communications via network and teleconferencing and support services. Transactions related to postal and courier services particularly the collection, transport, and distribution of mail and parcels. 30

CODE LIBELLE
3232
32321
32322
3233
32331
32332
32333
32334
Building and public works services.
Expenses covering works carried out within the framework of construction and installation projects provided by foreign companies to residents, including those provided to resident Embassies and Consulates including fabrication, assembly, maintenance, repair, transformation, machining, contract work ... Contracting companies: construction and maintenance works of buildings and other civil engineering works. ... Insurance services. Premiums and fees received by non-resident insurance companies for insurance and reinsurance against risks related to goods shipments. Indemnities and compensation received by non-resident companies for insurance and reinsurance against risks related to goods shipments. Premiums and fees for insurance and reinsurance other than on goods transport. Indemnities and compensation for insurance and reinsurance other than on goods transport. 31

CODE
3234
32341
32342
32343
32344
32345
32346
FINANCIAL SERVICES.
Banking fees and commissions
Commissions and other fees related to securities transactions.
Brokerage, bonuses, and rebates
Interest and financing costs related to financial operations on merchandise (futures market, SWAP). Service commissions on purchases of IMF resources other than the reserve tranche. Commissions related to unused balances under IMF-approved confirmation or extended arrangements. 3235 IT and information services. 32351 - Transactions on services related to processing of data and information. 32352 - Transactions related to management of IT equipment, hardware consulting, and software applications. 32353 Services provided by news agencies. 32354 Subscriptions and sale of newspapers and periodicals. 32

CODE LIBELLE
3236
32361
32362
32363
3237
32371
32372
32373
Royalties and license fees.
Royalties for films and other audio-visual documents.
Royalties, fees, or royalties and registration fees on patents, license, manufacturing process, trademark, and artist seals such as:
copyrights and reproduction rights;
Compensation for counterfeiting.
Other business services.
International trade and other services related to commerce:
commissions on transactions on goods and services.
Lease - operation:

bareboat charter of ships, aircraft, and
transport equipment such as railway wagons, containers, barges, etc.;
real estate income which includes rents.
Legal, accounting, and management consulting services:
advice, representation, and documentation
legal;
accounting, audit, bookkeeping, and tax advice.
33

CODE LIBELLE
32374 Advertising and market research services:

design, creation, and marketing of advertising;
placement of ads with media and purchase of advertising space;
exhibition services provided by trade fairs, promotion
of products abroad, market prospecting, and opinion polling on various topics. Architecture, engineering, and other technical services:
urban planning, planning of construction of structures
such as dams, bridges, airports;
project design and site supervision, turnkey project delivery, surveying, cartography, testing and certification of products;
technical inspection services ...
Agricultural, mining, and processing services at the place of import or export:
forestry services, services associated with extractive industries (e.g.: ore analysis);
on-site processing of products such as nuclear waste.
Research and development services: basic and applied research.
Operating expenses of agencies, sales offices, and representation offices. 34

CODE LIBELLE
32379 Other business services such as security, investigation, translation, interpretation, and building cleaning services. 3238 Other personal services related to education and health. 32381 Personal, cultural, and leisure services. Audio-visual and related services, advertising costs:

radio and television broadcasts;
fees paid to actors, producers, etc..
royalties for distribution rights;
musical recordings.
32382 Other personal, cultural, and recreational services such as those associated with museums, libraries, archives, and other cultural, sports, and recreational activities. 32383 32384
fees for services received or provided abroad (including correspondence courses)
by teachers or doctors.
Contributions to scientific, cultural, artistic, and sports organizations headquartered in the Democratic Republic of Congo. Rental of films and other audio-visual documents. 35

CODE LIBELLE
3239 Services received by public administrations not included elsewhere.
32391 Expenses for operating costs of embassies and consulates, military representations, and Congolese organizations established in a foreign economy. 32392 Expenses incurred for current income of Congolese diplomats and consular staff, as well as persons who are their dependents in the economy where they are posted. 32393 Expenses incurred abroad for the purchase of durable goods for their own use by Congolese public administration staff. 32394 Expenses incurred by other official Congolese entities established abroad (aid missions, tourism and information offices, etc.). 32395 Expenses incurred by the DRC related to chancery fees and Public Treasury not accounted for elsewhere. Fees paid on visa issuance, airport taxes paid, etc.. 32396 Expenses incurred for transactions related to the stationing of Congolese armed forces within the framework of joint military devices and their presence in peacekeeping forces. 36

CODE LIBELLE
33 CURRENT INCOME AND TRANSFERS.
331 EMPLOYEE COMPENSATION
3311 Transfers of savings on salaries, wages, remuneration, fees, 33111 Transfers of savings on salaries, wages, remuneration, fees. 3312 Pensions and social security, family allowances, paid leave, sickness benefits, accident benefits. 33121 Pensions and social security, family allowances, paid leave, sickness benefits, accident benefits. 3313 Remuneration paid to non-residents by institutional entities enjoying extra-territorial status (Embassies, consulates). 33131 Remuneration paid to non-residents by institutional entities enjoying extra-territorial status (Embassies, consulates). 332 INVESTMENT INCOME 3321 Direct investments. 33211 Income from equity securities: dividends from direct investment income earned by non-residents in DRC, including distributed or undistributed profits of branches and reinvested profits. 33212 Income from debt securities:

interest paid by the direct investor to
Congolese affiliated companies;
income paid on preferred shares
without voting rights.
37

CODE LIBELLE
3322 Portfolio investments.
33221 Income from equity securities: dividends from portfolio investment income earned by non-residents in DRC. 33222 Income from debt securities: interest from portfolio investments earned by non-residents in DRC. 3323 Other investments, 33231 Income from other investments for various reasons: interest on loans, deposits, and other receivables made by non-residents in the Democratic Republic of Congo. 33232 Interest paid on the use of credits and loans granted by the IMF. 333 Current transfers. 3331 Public administrations. 33311 Transfers made in cash or via banking by residents for current international cooperation. 33312 In-kind current transfers related to current international cooperation such as donations of food, clothing, medicines, and other consumer goods. 33313 Current taxes on income and wealth and contributions to social security schemes. 3332 Other sectors. 33321 Workers' remittances: transfers of savings on salaries, wages, remuneration, fees, ... 38

CODE LIBELLE
33322 Other transfers:

donations and aid paid by resident individuals
alimony, gifts ...
gratuitous transfers to non-resident private institutions
: philanthropic, cultural, scientific, religious, charitable, educational institutions, ...
contributions to missionary works.
Taxes on income and wealth as well as contributions to social security schemes. 39

CODE LIBELLE
34 CAPITAL ACCOUNT
341 CAPITAL TRANSFERS
3411 Public administrations.
34111 Debt forgiveness by contractual means.
3412 Other transfers:

donations for investments in cash or in kind.
Taxes on the value of transferred activities;
Compensation for damages caused by oil spills, major explosions, and side effects of medications.
34121 Other sectors.
34122 Migrant transfers:
transfer of ownership of a fixed asset;
transfers related to the disposal of a fixed asset;
cash transfers ...
34123 Debt forgiveness by contractual means: total or partial cancellation of an obligation by the creditor. 34124 Other transfers including:
donations for investments in cash or in kind;
inheritance tax and gift tax;
bequests and large donations (bequests to universities for the
construction of residences, libraries, etc.);
settlements related to guarantees, sureties, and bonds relating
to imports, exports, transit operations as well as penalties and compensation for termination, breach, or non-performance of contracts relating to imports, exports, or transit operations. 40

CODE LIBELLE
342 SALE OF NON-FINANCIAL NON-PRODUCED ASSETS.
3421 Sale of non-financial intangible assets: patents, copyrights, or trademarks ... 34211 Sale of non-financial intangible assets: patents, copyrights, or trademarks 3422 Sale of non-financial tangible assets (land, subsoil resources) by public administrations or by an international organization and by other sectors. 34221 Sale of non-financial tangible assets (land, subsoil resources) by public administrations or by an international organization and by other sectors. 3423 Leases and other transferable contracts. 34231 Leases and other transferable contracts. 41

CODE LIBELLE
35 DIRECT INVESTMENTS.
351 AFFILIATED COMPANIES.
3511 Share capital.
35111 Share Capital:

commitments to affiliated companies of direct investment enterprises with economic activity;
commitments to affiliated companies of direct investment enterprises without economic activity;
commitments to affiliated companies of building and public works enterprises;
land transactions on built or unbuilt properties:
private residential real estate investments.
3512 Reinvested earnings.
35121 Reinvested earnings.
3513 Other transactions (inter-company debts):
commitments to affiliated companies;
commitments issued by affiliated companies;
other commitments to affiliated companies.
42

CODE LIBELLE
35131 Other transactions (inter-company debts):

commitments to affiliated companies;
commitments issued by affiliated companies;
other commitments to affiliated companies.
352 Direct investment enterprises.
3521 Share capital.
35211 Share Capital
commitments to direct investors of
direct investment enterprises;
commitments to direct investors of
building and public works enterprises;
3522 Reinvested earnings.
35221 Reinvested earnings.
3523 Other transactions.
35231 Other transactions:
commitments to direct investors including:
commitments issued by direct investors;
other commitments to direct investors.
43

CODE LIBELLE
36 PORTFOLIO INVESTMENTS
361 EQUITY SECURITIES: (Shares, Parts, Certificates, etc.)
3611 Banks
36111 Banks
3612 Other sectors
36121 Other sectors
362 DEBT SECURITIES.
3621 Bonds and other debt securities:

Monetary authorities;
Public administrations;
Banks;
Other sectors.
36211 Money market instruments:
Monetary authorities;
Public administrations;
Banks;
Other sectors.
36212 Financial derivative products:
Banks;
Other sectors.
44

LIBELLE
37 OTHER INVESTMENTS
371
3711
37111
37112
3712
37121
37122
372
3721
37211
3722
37221
373
3731
37311
37312
37313
COMMERCIAL CREDITS.
Public administrations:

short-term commercial credits
long-term commercial credits
Other sectors:
short-term commercial credits
long-term commercial credits
EXPORT PRE-FINANCING:
Public administrations; repayment of export pre-financing by the public sector. Public administrations; repayment of export pre-financing by the public sector. Other sectors; repayment of export pre-financing by the private sector. Other sectors; repayment of export pre-financing by the private sector. LOANS. Monetary authorities:
use of IMF credits and loans;
short-term loans
long-term loans
45

CODE LIBELLE
3732 Public administrations
37321 - short-term loans
37322 - long-term loans
3733 Banks:
37331 - short-term loans
37332 - long-term loans
3734 Other sectors:
37341 - short-term loans
37342 - long-term loans
374 CURRENCY AND DEPOSITS.
3741 Monetary authorities
37411 Monetary authorities.
3742 Banks.
37421 Banks.
375 OTHER LIABILITIES.
3751 Monetary authorities:
37511 - other short-term liabilities;
37512 - other long-term liabilities;
3752 Public administrations:
37521 - other short-term liabilities;
37522 - other long-term liabilities;
3753 Banks:
37531 - other short-term liabilities;
37532 - other long-term liabilities;
3754 Other sectors:
37541 - other short-term liabilities
37542 - other long-term liabilities.

CODE LIBELLE
38 RESERVE COMMITMENTS
381
3811
38111
3812
38121
3813
38131
3814
38141
382
3821
38211
3822
38221
383
3831
38311
3832
38321
3833
38331
3834
38341
BONDS AND OTHER DEBT SECURITIES.
To Monetary Authorities
To Monetary Authorities
To Public Administrations
To Public Administrations
To Banks
To Banks
To other sectors
To other sectors
DEPOSITS.
With Monetary Authorities
With Monetary Authorities
With Banks
With Banks
OTHER RESERVE COMMITMENTS
To Monetary Authorities
To Monetary Authorities
To Public Administrations
To Public Administrations
To Banks
To Banks
To other sectors
To other sectors
47

CODE LIBELLE
39 ADJUSTMENT OPERATIONS.
391
39111
392
3921
39211
REVERSALS OF ENTRIES.
Reversals of entries posted prior to entry.
OPERATIONS TO BE JUSTIFIED.
Operations to be justified subsequently.
Operations to be justified subsequently.
48

CENTRAL BANK OF THE CONGO
CODIFICATION OF FOREIGN EXCHANGE OPERATIONS.
OPERATIONS CODES IN COVERING INSTRUMENTS IN RECEIPTS.
CODES
LIBELLES
OPERATIONS IN RECEIPTS.
R1
R 100
R 105
R 110
R 115
R 120
R 125
R 130
OPERATIONS BETWEEN BANKS
Spot purchases of foreign currencies at the interbank market at fixing.
Spot purchases of foreign currencies at the interbank market outside fixing. Foreign currencies received in settlement of forward exchange contracts concluded at the interbank foreign exchange market. Transfers between banks of foreign currencies in the context of settling commercial and invisible arrears; Payments or transfers other than those mentioned above received from other banks. Reversals of entries posted under one of the D1 headings. Receipts related to the payment of the Foreign Exchange Control Fee.

CODES LIBELLES
R2
R200
R205
R210
R3
R300
R305
R 310
R315
R320
OPERATIONS ON FOREIGN ACCOUNTS
Foreign currency operations between authorized banks and residents holding foreign accounts. Foreign currency operations between residents holding foreign accounts. Transfers between foreign accounts belonging to the same holder. ARBITRAGE Purchases of foreign currencies from foreign or local correspondents against sales of other foreign currencies. Purchases of foreign currencies from non-residents against sales of other foreign currencies. Debits in RME accounts in the context of foreign currency arbitrage carried out on these accounts. Debits in NRME accounts in the context of foreign currency arbitrage carried out on these accounts. Arbitrage of foreign currencies carried out on foreign accounts.

CODES LIBELLES
R4
R400
R405
R410
R415
R5
R500
R505
R510
R515
DEBIT IN RESIDENT FOREIGN CURRENCY ACCOUNTS (R.M.E.)
Debits in RME accounts in execution of payments in foreign currencies for the operations provided for in table 28. Transfer to banks of foreign currencies credited to these accounts against national currency. Transfers to the benefit of other RME accounts opened with other banks. Withdrawal of foreign currencies by debit in RME account. DEBIT IN NON-RESIDENT FOREIGN CURRENCY ACCOUNTS (NRME) Debits in NRME accounts in execution of payments in foreign currencies. Transfer to banks of foreign currencies credited to these accounts against national currency. Transfers to the benefit of other NRME accounts opened with other banks. Withdrawal of foreign currencies by debit in NRME account.

CODES LIBELLES
R6
R600
R605
R610
R615
R620
R625
R630
R635
R640
R645
R650
R655
Internal Operations
Decrease in liabilities arising from documentary credits.
Decrease in liabilities following payments of commercial and invisible arrears. Decrease in other liabilities following allocations in foreign currencies received from the Central Bank of the Congo. Decrease in external liabilities of more than one year following external repayments obtained by banks or other monetary institutions. Decrease in liabilities resulting from the repayment of external financing of less than one year obtained by banks. Discount operations: entry of bills denominated in foreign currencies representing imports and exports. Operations with the IMF other than settlements of interest, commissions, and drawings. Increase in gold reserves by purchase. Gain on gold reserves. Adjustment operations for commercial and invisible arrears. Order, passage, waiting, or to-be-justified entries. Counter purchases of foreign currencies.

CODES LIBELLES
R1
R 700
R 705
R 710
R 715
R8
R800
R805
R 810
R815
R820
COMMERCIAL AND INVISIBLE ARREARS
Movement of the stock of commercial arrears by payments in favor of creditors. Movement of the stock of invisible arrears by payments in favor of creditors. Other movements of the stock of commercial arrears. Other movements of the stock of invisible arrears. FORWARD OPERATIONS IN FOREIGN CURRENCIES Forward purchases of foreign currencies against national currency at authorized banks. Forward purchases of foreign currencies against national currency at residents other than authorized banks. Forward purchases of foreign currencies against national currency at non-residents. Forward purchases of foreign currencies against other foreign currencies at residents or non-residents. Settlement of forward sales of foreign currencies against national currency at authorized banks. 17

CODES LIBELLES
R825
R830
R835
Settlement of forward sales of foreign currencies against national currency at residents other than authorized banks. Settlement of forward sales of foreign currencies against national currency at non-residents. Settlement of forward sales of foreign currencies against other foreign currencies at residents or non-residents.

OPERATIONS CODES IN COVERING INSTRUMENTS.
CODES LIBELLES
OPERATIONS IN EXPENSES.
O1
D 100
D 105
D 110
D 115
D 120
D 125
D 130
O2
D200
D205
D210
OPERATIONS BETWEEN BANKS
Spot sales of foreign currencies at the interbank market at fixing.
Spot sales of foreign currencies at the interbank market outside fixing.
Foreign currencies delivered in settlement of forward exchange contracts concluded at the interbank foreign exchange market. Transfers between banks of foreign currencies in the context of settling commercial and invisible arrears. Payments or transfers other than those mentioned above paid to other banks. Reversals of entries posted under one of the R1 headings. Expenses related to the settlement of the Foreign Exchange Control Fee. OPERATIONS ON FOREIGN ACCOUNTS Foreign currency operations between authorized banks and residents holding foreign accounts. Foreign currency operations between residents holding foreign accounts. Transfer between foreign accounts belonging to the same holder.

CODE LIBELLE
O3
D300
O305
O310
O315
O320
O4
O400
O405
D410
O415
ARBITRAGE
Sales of foreign currencies to foreign or local correspondents against purchases of other foreign currencies. Sales of foreign currencies to non-residents against purchases of other foreign currencies. Credits in RME accounts in the context of foreign currency arbitrage carried out on these accounts. Credits in NRME accounts in the context of foreign currency arbitrage carried out on these accounts. Arbitrage of foreign currencies carried out on foreign accounts. CREDIT IN RESIDENT FOREIGN CURRENCY ACCOUNTS (RME) Credits in RME accounts in execution of payments in foreign currencies for the operations provided for in table 2A. Acquisitions by banks of foreign currencies to be credited to RME accounts against national currency. Transfers to the benefit of other RME accounts opened with other banks. Deposit of foreign currencies into RME account.

CODE LIBELLE
O5
D500
D505
D510
D515
O6
O600
O605
O610
O615
O620
D625
CREDIT IN NON-RESIDENT FOREIGN CURRENCY ACCOUNTS (N.R.M.E.)
Credits in NRME accounts in execution of payments in foreign currencies.
Acquisitions by banks of foreign currencies against national currency.
Transfers to the benefit of other NRME accounts opened with other banks.
Deposit of foreign currencies into NRME account.
INTERNAL OPERATIONS
Increase in liabilities arising from documentary credits.
Increase in liabilities resulting from the receipt of allocations for payments of commercial and invisible arrears. Increase in other liabilities following allocations in foreign currencies received from the Central Bank of the Congo. Increase in external liabilities of more than one year resulting from recourse to external financing by banks or other monetary institutions. Increase in bank liabilities resulting from external financing of less than one year. Discount operations: exit of bills denominated in foreign currencies representing imports and exports.

CODE LIBELLE
D630
D635
O640
D645
O650
O655
D660
D665
O670
O7
O700
O705
D710
D 715
Operations with the IMF other than settlements of interest, commissions, and drawings. Decrease in gold reserves by sale. Loss on gold reserves. Adjustment operations for commercial and invisible arrears Order, passage, waiting, or to-be-justified entries. Counter sales of Foreign Currencies. Allocations in Foreign Currencies. Making available for purchase of travel tickets. Mission expenses in cash in foreign currencies. COMMERCIAL AND INVISIBLE ARREARS Movement of the stock of commercial arrears by payments by debtors; Movement of the stock of invisible arrears by payments by debtors. Other movements of the stock of commercial arrears. Other movements of the stock of invisible arrears.

CODE LIBELLE
O8
O800
D810
O815
O820
O825
O830
D835
D840
FORWARD OPERATIONS IN FOREIGN CURRENCIES
Forward sales of foreign currencies against national currency at authorized banks. Forward sales of foreign currencies against national currency at residents other than authorized banks. Forward sales of foreign currencies against national currency at non-residents. Forward sales of foreign currencies against other foreign currencies at residents or non-residents. Settlement of forward purchases of foreign currencies against national currency at authorized banks. Settlement of forward purchases of foreign currencies against national currency at residents other than authorized banks. Settlement of forward purchases of foreign currencies against national currency at non-residents. Settlement of forward purchases of foreign currencies against other foreign currencies at residents or non-residents.

CENTRAL BANK OF THE CONGO
CODIFICATION OF FOREIGN EXCHANGE OPERATIONS
BANK CODES
CODE LIBELLE
10 CENTRAL BANK OF THE CONGO (BCC)
1001 KINSHASA
1021 MATADI
1020 BOMA
1023 MBANZA NGUNGU
1024 MUANDA
1025 TSHIELA
BANDUNDU
INONGO
1043 KENGE
1041 KIKWIT
1080 MBANDAKA
1084 BASANKUSU
1086 BOENDE
1082 BUMBA
1087 GBADOLITE
1083 GEMENA
1085 LISALA
1081 ZONGO
1090 KANANGA
1091 ILESO
1092 TSHIKAPA
1093 TSHIMBULU
1060 MBUJI MAYI
1062 LODJA
1061 MWENEDITU
1064 KABINDA
1030 LUBUMBASHI
1031 KALEMIE
1033 KAMINA
1034 KOLWEZI
1032 LIKASI
1073 KINDU
1072 GOMA
1071 BENI
1074 BUTEMBO
1050 KISANGANI
1052 BUNIA
1053 BUTA
1054 ISIRO
1070 BUKAVU
1075 UVIRA

CODE LIBELLE
11 COMMERCIAL BANK OF THE CONGO (BCDC)
1101 KINSHASA
GOMBE/ROYAL
LIMETE
1121 MATADI
1120 BOMA
1140 BANOUNOU
1141 KIKWIT
1180 MBANDAKA
1182 BUMBA
1187 GBADOLITE
1183 GEMENA
1190 KANANGA
1191 ILEBO
1192 TSHIKAPA
1160 MBUJI-MAYI
1161 MWENEDITU
1130 LUBUMBASHI
1131 KALEMIE
1133 KAMINA
1136 KIPUSHI
1134 KOLWEZI
1132 LIKASI
1173 KINDU
1176 KALI MA
1172 GOMA
1171 BENI
1174 BUTEMBO
1150 KISANGANI
1152 BUNIA
1153 BUTA
1154 ISIRO
1170 BUKAVU
1175 UVIRA
22 UNION OF CONGOLESE BANKS (UBC)
2201 KINSHASA
2220 BOMA
2261 MWENEDITU
2230 LUBUMBASHI
2234 KOLWEZI
2272 GOMA
2271 BENI
2260 MBUJI MAYI
2274 BUTEMBO
2250 KISANGANI
2252 BUNIA
2254 ISIRO
2270 BUKAVU

CODE LIBELLE
33 CONGOLESE BANK FOR FOREIGN TRADE (BCCE)
3301 KINSHASA
KINSHASA PORT
KINSHASA CCIC
LEMBA UNIKIN
NSELE AERO
3320 BOMA
3322 INKISI
3323 MBANZA NGUNGU
3324 MUANDA
3325 TSHIELA
3340 BANDUNDU
3342 INONGO
3343 KENGE
3380 MBANDAKA
3384 BASANKUSU
3386 BOENDE
3387 GBADOLITE
3383 GEMENA
3385 LISALA
3381 ZONGO
3390 KANANGA
3393 TSHIMBULU
3360 MBUJI MAYI
3364 KABINDA
3362 LODJA
3330 LUBUMBASHI
3372 GOMA
3371 BENI
3350 KISANGANI
3354 ISIRO
3370 BUKAVU
3375 UVIRA
3334 KOLWEZI
3332 LIKASI
3374 BUTEMBO
42 CONGOLESE BANK (BC)
4201 KINSHASA
44 INTERNATIONAL BANK FOR AFRICA IN CONGO (BIAC) 4401 KINSHASA 4430 LUBUMBASHI 45 CONGOLESE DEVELOPMENT BANK (BCD) 4501 KINSHSA 4530 LUBUMBASHI 4572 GOMA 46 FIRST BANKING CORPORATION (First Bank) 4630 LUBUMBASHI 51 RWA BANK 5101 KINSHASA

CENTRAL BANK OF THE CONGO
CODIFICATION OF FOREIGN EXCHANGE OPERATIONS
CURRENCY CODES
Code Denomination Symbol
04 Danish Krone DKK
05 Norwegian Krone NOK
06 Swedish Krona SEK
01 Deutsche Mark DEM
71 Canadian Dollar CAD
70 United States Dollar USD
69 Special Drawing Rights (SDR) XDR
55 Portuguese Escudo PTE
72 Euro EUR
50 Dutch Guilder NLG
98 Belgian Franc BEF
97 Burundian Franc BIF
11 CFA Franc XAF
10 French Franc FRF
96 Rwandan Franc RWF
03 Swiss Franc CHF
02 Italian Lira ITL
20 Pound Sterling GBP
58 Spanish Peseta ESP
21 South African Rand ZAR
07 Austrian Shilling ATS
35 Kenyan Shilling KES
78 Japanese Yen JPY

CENTRAL BANK OF THE CONGO
CODIFICATION OF FOREIGN EXCHANGE OPERATIONS
CODIFICATION OF COUNTRIES
COUNTRY NAME CODE ABBREVIATION

AFRICA
ALGERIA 101 DZA
CANARY ISLANDS 102 CAR
EGYPT 103 EGY
LIBYA 104 LBY
MOROCCO 105 MAR
TUNISIA 106 TUN
BENIN 107 BEN
BURKINA FASO 108 BFA
CAPE VERDE 109 CPV
COTE D'IVOIRE 110 CIV
GAMBIA 111 GMB
GHANA 112 GHA
GUINEA 113 GIN
GUINEA-BISSAU 114 GNB
LIBERIA 115 LBR
MALI 116 MLI
MAURITANIA 117 MRT
NIGER 118 NER
NIGERIA 119 NGA
SENEGAL 120 SEN
SIERRA LEONE 121 SLE
CHAD 122 TCD
TOGO 123 TGO
CAMEROON 124 CMR
CENTRAL AFRICAN REPUBLIC 125 CAF
CONGO (BRAZZAVILLE) 126 COG
CONGO (DRC) 127 COD
GABON 128 GAB
EQUATORIAL GUINEA 129 GNQ
SAO TOME AND PRINCIPE 130 STP
DJIBOUTI 131 DJI
ERITREA 132 ERT
ETHIOPIA 133 ETH
SOMALIA 134 SOM
SUDAN 135 SDN
BURUNDI 136 BDI
KENYA 137 KEN
UGANDA 138 UGA

2/
COUNTRY NAME CODE ABBREVIATION
1 RWANDA 139 RWA
TANZANIA 140 TZA
SOUTH AFRICA 141 ZAF
ANGOLA 142 AGO
BOTSWANA 143 BWA
LESOTHO 144 LSO
MALAWI 145 MWI
MOZAMBIQUE 146 MOZ
NAMIBIA 147 NAM
SWAZILAND 148 SWZ
ZAMBIA 149 ZMB
ZIMBABWE 150 ZWE
ARUBA 151 ABW
MADAGASCAR 152 MDG
COMOROS 153 COM
REUNION 154 REU
MAURITIUS 155 MUS
SEYCHELLES 156 SYC

3/
COUNTRY NAME CODE ABBREVIATION
2. EUROPE
DENMARK 201 DNK
FINLAND 202 FIN
ICELAND 203 ISL
NORWAY 204 NOR
SWEDEN 205 SWE
ANDORRA 206 AND
AUSTRIA 207 AUT
BELGIUM 208 BEL
SPAIN 209 ESP
FAROE ISLANDS 210 FRO
FRANCE 211 FRA
GIBRALTAR 212 GIB
UNITED KINGDOM 213 GBR
GREECE 214 GRC
ITALY 215 ITA
LIECHTENSTEIN 216 LIE
LUXEMBOURG 217 LUX
MALTA 218 MLT
NETHERLANDS 219 NLD
PORTUGAL 220 PRT
ISRAEL 221 ISR
FEDERATIVE REPUBLIC OF GERMANY 222 DEU
IRISH REPUBLIC 223 IRL
SWITZERLAND 224 CHE
TURKEY 225 TUR
ALBANIA 226 ALB
BELARUS 227 BLR
BOSNIA 228 BIH
BULGARIA 229 BGR
CROATIA 230 HRV
ESTONIA 231 EST
GEORGIA 232 GEO
HUNGARY 233 HUN
LATVIA 234 LVA
LITHUANIA 235 LTU
MOLDOVA 236 MDA
UZBEKISTAN 237 UZB
POLAND 238 POL
FEDERATIVE REPUBLIC OF RUSSIA 239 RUS
CZECH REPUBLIC 240 CZE
ROMANIA 241 ROM
SLOVENIA 242 SVN
SLOVAKIA 243 SVK
UKRAINE 244 UKR
17

4/
COUNTRY NAME CODE ABBREVIATION
3. AMERICA
CANADA 301 CAN
UNITED STATES OF AMERICA 302 USA
ANGUILLA 303 AIA
ANTIGUA 304 ATG
NETHERLANDS ANTILLES 305 ANT
BAHAMAS 306 BHS
BARBADOS 307 BRB
BELIZE 308 BLZ
BERMUDA 309 BMU
COSTA RICA 310 CRI
CUBA 311 CUB
DOMINICA 312 DMA
EL SALVADOR 313 SLV
GRENADA 314 GRD
GUATEMALA 315 GTM
HAITI 316 HTI
HONDURAS 317 HND
JAMAICA 318 JAM
MEXICO 319 MEX
NICARAGUA 320 NIC
PANAMA 321 PAN
DOMINICAN REPUBLIC 322 DOM
ST KITTS-NEVIS 323 KNA
ST LUCIA 324 LCA
ST PIERRE AND MIQUELON 325 SPM
ST VINCENT 326 VCT
TRINIDAD AND TOBAGO 327 TTO
ARGENTINA 328 ARG
BOLIVIA 329 BOL
BRAZIL 330 BRA
CHILE 331 CHL
COLOMBIA 332 COL
ECUADOR 333 ECU
GUYANA 334 GUY
FRENCH GUIANA 335 GUF
PARAGUAY 336 PRY
PERU 337 PER
SURINAME 338 SUR
URUGUAY 339 URY
VENEZUELA 340 VEN

5/
COUNTRY NAME CODE ABBREVIATION 4. ASIA.
AFGHANISTAN 401 AFG
SAUDI ARABIA 402 SAU
ARMENIA 403 ARM
AZERBAIJAN 404 AZE
BAHRAIN 405 BHR
BANGLADESH 406 BGD
CYPRUS 407 CYP
UNITED ARAB EMIRATES 408 ARE
INDIA 409 IND
IRAQ 410 IRQ
IRAN 411 IRN
ISRAEL 412 ISR
JORDAN 413 JOR
KAZAKHSTAN 414 KAZ
KUWAIT 415 KWT
LEBANON 416 LBN
NEPAL 417 NPL
OMAN 418 OMN
PAKISTAN 419 PAK
PALESTINE 420 PAL
QATAR 421 QAT
SRI LANKA 422 LKA
SYRIA 423 SYR
YEMEN 424 YEM
BRUNEI 425 BRN
BHUTAN 426 BTN
CAMBODIA 427 KHM
CHINA 428 CHN
NORTH KOREA 429 PRK
SOUTH KOREA 430 KOR
HONG KONG 431 HKG
INDONESIA 432 IDN
JAPAN 433 JPN
LAOS 434 LAO
MACAO 435 MAC
MALAYSIA 436 MYS
MONGOLIA 437 MNG
MYANMAR (BURMA) 438 MMR
PHILIPPINES 439 PHL
SINGAPORE 440 SGP
TAIWAN 441 TWN
TAJIKISTAN 442 TJK
THAILAND 443 THA
TURKMENISTAN 444 TKM
VIETNAM 445 VNM

6/
COUNTRY NAME CODE ABBREVIATION
5. OCEANIA
AUSTRALIA 501 AUS
PAPUA NEW GUINEA 502 PNG
NEW ZEALAND 503 NZL
FIJI ISLANDS 504 FJI
PACIFIC ISLANDS (USA) 505 PAC
SOLOMON ISLANDS 506 SLB
TONGA ISLANDS 507 TON
TUVALU ISLANDS 508 TUV
NAURU 509 NRU
WESTERN SAMOA 510 WSM
VANUATU 511 VUT
MALDIVES 512 MDV
KIRIBATI 513 KIR
6. OTHER COUNTRIES
OTHER COUNTRIES 601 ATP

CENTRAL BANK OF THE CONGO
CODIFICATION OF FOREIGN EXCHANGE OPERATIONS
SUB-TYPE CODES FOR DECLARATIONS MODELS Ea, IB, ES, IS, Re CODE LIBELLE 01 Export with repatriation 02 Temporary export for rental 03 Temporary export for repair 04 Temporary export for processing 05 Temporary export return of packaging 06 Export on consignment 07 Export without repatriation 08 Export for reimbursement/pre-financing 09 Others (to be specified) 20 Temporary import 21 Import transit 22 Import under customs 23 Import S.A.D. 24 Import Donations/Government Aid 25 Import Donations/Private Aid 26 Imports Capital Contributions

CENTRAL BANK OF THE CONGO
CODE OF FOREIGN EXCHANGE OPERATIONS
PAYMENT MODE CODES
CODE LIBELLE
01 CREDIT CARD
02 DIRECT TRANSFER
03 DOCUMENTARY COLLECTION
04 CASH CURRENCY
05 BANK CHECK
06 OTHERS TO BE SPECIFIED

CENTRAL BANK OF THE CONGO
CODIFICATION OF FOREIGN EXCHANGE OPERATIONS
TRANSPORT MODE CODES
CODE LIBELLE
01 Maritime Transport
02 Lake Transport
03 River Transport
04 Air Transport
05 Rail Transport
06 Road Transport
07 Others

CODE LIBELLE ABBREVIATION
10 METER M
13 KILOMETER 1000M
20 SQUARE METER M2
21 YARDS
30 CUBIC CENTIMETER CM3
31 BOTTLE OF 75 CM3
33 LITER L
35 HECTOLITER HL
36 CUBIC METER M3
37 1000 M3
38 1000 LITERS
39 BARREL OF 200 LITERS
40 KILOWATT HOUR KWH
50 GRAM GR
51 TEN GRAMS 10GR
52 HUNDRED GRAMS 100GR
53 KILOGRAM KG
55 HUNDRED KILOGRAMS 100 KG
56 TON T
57 1000 TONS
59 CARAT CARAT
60 ROD ROD
62 HUNDRED RODS 100TG
65 FIFTY RODS 50 TG
70 PIECE PIECE
72 HUNDRED PIECES 100PE
73 TEN PIECES 10 PE
75 HEAD HEAD
76 SET SET
77 PAIR PAIR
79 1000 PAIRS
78 PACKAGING CONDIT.
85 BAG
88 BAGS OF 60 KG.
90 PER TEN THOUSAND 0/000
91 PER THOUSAND 0/00
92 PER CENT 0/0
95 CARTON

CENTRAL BANK OF THE CONGO
CODIFICATION OF FOREIGN EXCHANGE OPERATIONS
STATISTICAL UNIT CODES

Lineage: No known changes