2021-02-04

Added 2026-06-03 · Updated 2026-08-16

Notice No. 001-01-2021 on Payment Terms for Goods Purchased for Non-UEMOA Countries

The Banque Centrale des Etats de l'Afrique de l'Ouest (BCEAO) issues Notice No. 001-01-2021 to standardize payment procedures for residents purchasing goods abroad destined for non-UEMOA countries. The directive mandates authorized intermediaries to utilize foreign exchange forms, maintain detailed tracking files, and execute currency settlements strictly within received receipts. It further establishes a maximum 30-day collection window (extending to 120 days post-settlement) for advance payments, with non-compliance triggering the suspension of future contract-related disbursements.

Senegal

Banque Centrale des Etats de l'Afrique de l'Ouest

Get BCEAO alerts

Show thumbnailShow full textSourceAdd to collection

Show thumbnail