Regulatory Alerts2026-06-19 | cba-blob-18843Decree 2026/K.2 on Transfers to Notified Foreign Bank and Intercompany Accounts
The Central Bank of Aruba has issued Decree 2026/K.2, granting residents a general foreign exchange license to transfer funds to and from notified foreign bank and intercompany accounts through local commercial banks. Residents holding accounts with balances or annual transactions exceeding Afl. 1,500,000 must formally notify the Central Bank and submit mandatory balance of payments reports. Effective June 15, 2026, this decree supersedes the prior 2023 license and empowers the Central Bank to implement protective measures if national foreign exchange reserves face significant strain.
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