Exchange Control definition

Exchange Control. – means the control of foreign exchange and gold transactions under the Central Banking Regulation;
Exchange Control means the Financial Surveillance Department of the South African Reserve Bank responsible for the administration of exchange control on behalf of the Minister of Finance or an officer of Treasury who, by virtue of the division of work in Treasury, deals with the matter on the authority of the Minister of Finance.
Exchange Control means all applicable SARB regulations that must be complied with

Examples of Exchange Control in a sentence

  • The South African Reserve Bank has determined and announced through Exchange Control Circular No. 6/2022 specific provisions regarding the resident individuals utilizing their single discretionary allowance and/or foreign capital allowance for foreign exchange trading activities.

  • FOREIGN CURRENCY Exchange Control Laws Concessionaire and its contractors and all persons acting on its or their behalf must comply with all applicable exchange control laws of [country name].

  • Agree to spend or withdraw funds not exceeding the Bank of Ghana’s Foreign Exchange Control Regulation limit, currently set at C10,000 per travel, subject to periodic review.


More Definitions of Exchange Control

Exchange Control means the central banking authority, or any similar institution, that is responsible for regulating any overseas monetary system or non- cash payment system.
Exchange Control means the Financial Surveillance Department of the South African Reserve Bank;
Exchange Control means all applicable SARB regulations that have to be complied with;
Exchange Control means the central banking authority, or any similar institution, that is responsible
Exchange Control means the restrictions on foreign exchange imposed by the central banking authority, or any similar institution, that is responsible for regulating any overseas monetary system or non- cash payment system.
Exchange Control means the Financial Surveillance Department of the South African Reserve Bank responsible for administering the Exchange Control Regulations;
Exchange Control means the current set of Exchange Control regulation as promulgated by Government Notice R.1111 of 1 December 1961 and amended from time to time;