Common Monetary Area definition

Common Monetary Area means South Africa, Namibia, Lesotho and Swaziland.

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Common Monetary Area means the Republic of Namibia, the Kingdom of Lesotho, the Kingdom of Swaziland and the Republic of South Africa;

Common Monetary Area means South Africa, Namibia, Lesotho and Eswatini.

Examples of Common Monetary Area in a sentence

• If you use your Card, eBanking and Telephone Banking functionality outside of the Common Monetary Area ("CMA") comprising of South Africa, Namibia, Lesotho and Eswatini, you will have to comply with the relevant exchange control regulations.

• Any Individual Certificates issued to Noteholders who are emigrants from the Common Monetary Area will be endorsed “non-resident”.

• Any Individual Certificates issued to Noteholders who are not resident in the Common Monetary Area will be endorsed “non-resident”.

• We must report any transactions outside the Common Monetary Area to the South African Reserve Bank.

• In the event that a Beneficial Interest in Notes is held by a non-resident of the Common Monetary Area through the CSD, the securities account maintained for such Noteholder by the relevant Participant will be designated as a “non-resident” account.

More Definitions of Common Monetary Area

Common Monetary Area means South Africa, the Republic of Namibia and the Kingdoms of Lesotho and Eswatini;

Common Monetary Area means, for purposes of the Exchange Control Regulations, South Africa, the Republic of Namibia, the Kingdom of Lesotho and the Kingdom of Swaziland;

Common Monetary Area means the Republics of South Africa and Namibia and the Kingdoms of Swaziland and Lesotho;

Common Monetary Area means the area in which exchange and monetary arrangements are co- ordinated in accordance with the Multilateral Monetary Agreement concluded on 6 February 1992 between Namibia, the Kingdom of Lesotho, the Republic of South Africa and the Kingdom of Swaziland;

Common Monetary Area means the area consisting of South Africa, Lesotho, Namibia and Swaziland;

Common Monetary Area means South Africa, Lesotho, Namibia and Swaziland.

Common Monetary Area means states neighbouring South Africa whose currency is linked directly to the South African rand;