CENTRAL BANK OF SUDAN
General Administration of Policies
Research and Statistics
Central Bank of Sudan
General Administration of Policies, Research and Statistics

Date: 17 Rajab 1447 AH
Corresponding to: 06 January 2026 AD

Central Bank of Sudan
General Administration of Policies, Research and Statistics Policies Administration Circular No. (03/2026) Addressed to all banks and relevant entities

Subject: Procedures and Regulations for Services Exports

Pursuant to the powers of the Governor of the Central Bank of Sudan under the Regulation of Dealing in Currency Act of 1981, Amendment (2011), and Article (20) of the Regulation of Dealing in Currency Regulations of 2013, and within the framework of affirming the continuation of the policy of unifying and liberalizing the exchange rate, and for the purpose of regulating foreign currency dealings for all local and foreign entities that provide services in return for collecting proceeds in foreign currency, directly or indirectly. And to provide more flexibility in the uses of foreign currency resources belonging to those entities, the following has been decided:

First: Cancellation of the following circulars:

1. Policies Administration Circular No. 04/2025 issued on 21 January 2025 regarding procedures and regulations for services exports, provided that all circulars cancelled by this circular shall remain cancelled.

2. Policies Administration Circular No. 10/2025 issued on 02 November 2025 regarding banks' purchase of resources of private foreign currency accounts and accounts of entities exporting services

3. Policies Administration Circular No. 12/2025 issued on 26 March 2025 regarding amendments to the procedures and regulations for services exports.

CENTRAL BANK OF SUDAN
General Administration of Policies
Research and Statistics
Central Bank of Sudan
General Administration of Policies, Research and Statistics

4. Policies Administration Circular No. 16/2025 issued on 21 January 2025 regarding amendments to banks' purchase of resources of private foreign currency accounts and accounts of entities exporting services..

Second: The following definitions and regulations shall apply to foreign currency accounts of exporting entities:

1. Exporting entities of services are defined as:

They mean individuals, companies, companies and business names registered in Sudan and owned by Sudanese or foreigners who provide their services to foreigners under contracts that obligate payment in foreign currency, and include the following entities:

a. Companies operating in the field of air, land, sea or river transport:

They mean companies that operate in the field of air, land, sea or river transport.

b. Agents of air, land, sea or river transport:

They mean companies and service institutions that have contracted with companies operating in the field of air, land, sea or river transport under agency contracts.

c. Insurance companies:

They mean local companies operating in the field of insurance and reinsurance that provide their services to foreigners or receive compensation in foreign currency.

d. Educational institutions:

They mean schools, universities, higher institutes and their affiliated colleges, and scientific research bodies and centers.

e. Therapeutic institutions:

They mean hospitals and local therapeutic services centers.

f. Hotels and entities operating in tourism activities:

They mean hotels, hotel apartments and entities operating in tourism activities.

g. Local contractors and consultants:

CENTRAL BANK OF SUDAN
General Administration of Policies
Research and Statistics
Central Bank of Sudan
General Administration of Policies, Research and Statistics

They mean any natural or legal person who has a contract in foreign currency with a foreign entity for a specific period of time and receives the contract proceeds in foreign currency, including working in the field of tranzit trade.

h. Subcontractors:

They mean any entity that subcontracts with a foreign contractor under a contract concluded for a specific period of time.

i. Telecommunications companies:

They mean companies that provide telecommunications services to foreign entities.

j. Local voluntary and charitable organizations:

They mean any Sudanese voluntary or charitable organization working in the field of voluntary, humanitarian or charitable work and receiving funds from individuals, organizations or foreign entities.

k. Government institutions and bodies that provide services in foreign currency:

They mean any government institution that provides services to foreigners.

2. Account opening regulations:

Banks are permitted to open desk accounts in foreign currency called services export accounts for the exporting entities of services defined in item (Second-1) above, without referring to the Central Bank of Sudan, in accordance with the following regulations:

a. General regulations:

I. The client's request to open an account according to the form determined by the bank.

II. An identity document for natural persons including the national number of the account owner, in addition to the full address, phone number and nature of work.

III. Credit symbol.

IV. Certificate of registration from the Registrar General of Companies or the Registrar of Business Names for legal entities.

V. Approval of the competent or served authority to confirm the persons authorized to manage the accounts.

CENTRAL BANK OF SUDAN
General Administration of Policies
Research and Statistics
Central Bank of Sudan
General Administration of Policies, Research and Statistics CBOS

B. Special controls:

A copy of the agent's license issued by the competent technical authority for air, land, sea and river transport agents.

II. A valid registration certificate issued by the competent government authorities for voluntary and charitable organizations.

III. Approval of the Ministry of Higher Education or the Ministry of Education for educational institutions.

IV. Approval of the Ministry of Health for therapeutic institutions.

V. A copy of the contract signed with the foreign party in the case of local contractors and subcontractors.

VI. Telecommunications company license issued by the Telecommunications and Postal Regulatory Authority for telecommunications companies.

VII. The contract signed between the agent and the shipping lines or an approved SWIFT message for shipping agents.

VIII. A copy of the insurance company license issued by the National Insurance Supervisory Authority for insurance companies.

IX. Professional practice license from the government authority competent for tourism supervision and oversight for hotels and entities operating in the tourism field.

3. Account feeding controls:

The accounts of service-exporting entities are fed with foreign currency as follows:

Transfers from abroad.

Covered checks drawn from local private accounts in exchange for services in foreign currency.

The value of proceeds from services provided to ships and foreign airlines that are paid in foreign currency by all means of payment, including cash payment and international electronic payment cards such as Visa, Mastercard and others.

The value of proceeds from services provided by government entities and institutions to foreigners that are paid in foreign currency by all means of payment, including cash payment and international electronic payment cards such as Visa, Mastercard and others.

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CENTRAL BANK OF SUDAN
General Administration of Policies
Research and Statistics
Central Bank of Sudan
General Administration of Policies, Research and Statistics

E. The value of proceeds from hotel services and entities operating in tourism activities provided to foreign clients that are paid in foreign currency by all means of payment, including cash payment or by international electronic payment cards such as Visa card, Mastercard and others.

F. Foreign student fees that are paid in foreign currency by all means of payment, including cash payment or by international electronic payment cards such as Visa, Mastercard and others.

G. The value of proceeds from therapeutic service fees provided to foreigners that are paid in foreign currency by all means of payment, including cash payment or by international electronic payment cards such as Visa, Mastercard and others.

H. The value of insurance premium proceeds that are paid in foreign currency.

I. The value of compensation proceeds delivered in foreign currency from reinsurers abroad.

J. The value of travel tickets in foreign currency collected by national airlines operating in international aviation from the categories specified under the Policies Administration circular on airline ticket sales.

K. Transfers from the accounts of other local voluntary and charitable organizations in the case of joint projects in accordance with the signed contract approved by the Humanitarian Aid Commission.

L. Entitlements of foreign contractors and local contractors under transfers from abroad or covered checks in accordance with the signed and approved contracts.

1- Controls for using accounts:

A. Service-exporting entities are allowed to use 100% of foreign currency proceeds for the following purposes:

I. Importing needs related to the licensed activity in accordance with the regulating controls.

II. Selling to the bank executing the transaction or any other bank.

III. Paying salaries to workers and foreign experts after presenting residence, work permit and a contract approved by the competent authorities.

IV. Paying training and external consultancy fees and any contracts under the contract concluded in foreign currency between the service-exporting entity and any foreign party.

CENTRAL BANK OF SUDAN
General Administration of Policies
Research and Statistics
Central Bank of Sudan
General Administration of Policies, Research and Statistics

VII. Paying the value of travel tickets in foreign currency for embassies and foreign organizations to airlines operating in the country, with respect to travel and tourism agencies.

VI. Cash withdrawal, in addition to the other uses stated in the Policies Administration circular on controls for regulating free foreign currency accounts, with respect to natural persons.

VII. Paying transit fees (transit trade) for the Ministry of Industry and Trade.

VIII. Paying insurance premiums in foreign currency to reinsurers abroad.

IX. Payment of the value of compensations in foreign currency in favor of the insured.

X. Transfer to the accounts of other local voluntary and charitable organizations in the case of joint projects in accordance with signed contracts approved by the Humanitarian Aid Commission. Provided that they are added to their own services export accounts.

XI. Payment of the entitlements of foreign contractors and local contractors through transfers from abroad or covered networks in accordance with signed and approved contracts. Provided that they are added to their own services export accounts.

B. In the event that the client wishes to sell to the banks, the sale shall be at the bank's declared price on the relevant day, provided that the bank retains 30%, and 70% is sold in favor of the Central Bank of Sudan at the average price between the buying price and the selling price declared by the bank on the relevant day, provided that the Central Bank of Sudan's share is added to its accounts with its correspondents abroad in accordance with its directives.

Third: General Controls:

The banks must comply with the following:

1. Retaining the proceeds of entities exporting services in their own export accounts for a period of 21 working days as a maximum from the date of their addition to the account by the bank, and in the event that the specified period for the proceeds to remain in the export account is exceeded, they shall be purchased in favor of the Central Bank of Sudan at the bank's declared buying price on the date of addition to the services export account, provided that they are added to the Central Bank of Sudan's accounts specified by it with its correspondents abroad in accordance with its directives, and the following are excluded from this:

A. The accounts of educational and health institutions for the purposes of paying the salaries of workers and foreign experts.

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CENTRAL BANK OF SUDAN
General Administration of Policies
Research and Statistics
Central Bank of Sudan
General Administration of Policies, Research and Statistics

B. The accounts of local voluntary and charitable organizations for the purposes of implementing their projects in accordance with contracts signed with international donors and approved by the Humanitarian Aid Commission.

2. The resources of grants provided to government entities shall be used in accordance with the requirements of the donors after the approval of the competent authorities _ the Humanitarian Aid Commission and the Ministry of Finance and Economic Planning.

3. Fulfilling the requirements of Know Your Customer (KYC), the controls of anti-money laundering, combating the financing of terrorism and proliferation (AML/CFT), and the US Foreign Account Tax Compliance Act (FATCA) when opening and managing accounts.

4. Retaining the documents related to opening accounts in the client's file.

5. Notifying the exporting entity of the arrival of the proceeds of the service contract immediately upon receipt.

6. Providing the Central Bank of Sudan _ General Administration of Financial Markets with an electronic monthly review of the resources and uses of services exports on a monthly basis in accordance with the attached form.

This circular shall enter into force as of its date, taking into account that it shall be circulated to all your branches, and the banks must comply with documenting their clients and the status of the entities dealing with them in accordance with the provisions of this circular and the provisions of the laws and regulations organizing them.

c/o Central Bank of Sudan
Abubakr Hassan Abdullah
Othman Suleiman Mohamed
Policies Department
General Administration of Policies, Research and Statistics

CENTRAL BANK OF SUDAN
General Administration of Policies
Research and Statistics
Central Bank of Sudan
General Administration of Policies, Research and Statistics

Monthly Review Form for Resources and Uses of Services Exports

Resources	Amount	Uses	Amount
Transfers from abroad.		Importing the needs related to the licensed activity.
Covered networks withdrawn from local private accounts in exchange for services in foreign currency.		Sale to the bank executing the transaction or any other bank.
Proceeds of services provided to ships and foreign airline companies that are paid in foreign currency.		Payment of salaries to workers and foreign experts.
The value of proceeds of services provided by government entities and institutions to foreigners that are paid in foreign currency		Payment of training and external consultancy fees and any contracts under the contract concluded in foreign currency.
Proceeds of services of hotels and entities operating in tourism activities provided to foreign clients that are paid in foreign currency		Payment of the value of travel tickets in foreign currency for embassies and foreign organizations to operating airlines.
Proceeds of fees for therapeutic services provided to foreigners that are paid in foreign currency		Cash withdrawal.
Proceeds of insurance premiums that are paid in foreign currency.		Payment of transit fees (transit trade) for the Ministry of Industry and Trade.
Proceeds of compensations delivered in foreign currency from reinsurers abroad.		Payment of insurance premiums in foreign currency to reinsurers abroad.
Transfers from the accounts of local voluntary and charitable organizations		Payment of compensations in foreign currency to the insured.
Entitlements of foreign contractors and local contractors		Transfer to the accounts of other local voluntary and charitable organizations
		Payment of the entitlements of foreign contractors and local contractors