Exchange Control Circular No. 12/2021

Circular Reference: Exchange Control Circular No. 12/2021

Circular Date: 27 May 2021

Circular Status: Pending

Authorised Dealer in foreign exchange

Authorised Dealers and Authorised Dealers in foreign exchange with limited authority are notified of the appointment of ICICI Bank Limited, South Africa Branch as an Authorised Dealer in foreign exchange in South Africa.

The name of ICICI Bank Limited, South Africa Branch will be added to sections A.2(A) and A.2(B) of the Currency and Exchanges Manual for Authorised Dealers and the Currency and Exchanges Manual for Authorised Dealers in foreign exchange with limited authority (Manuals), respectively, as well as the guideline documents for business entities and individuals (guideline documents).

The relevant Government Notice is attached hereto and the amended Manuals and guideline documents may be accessed on the SARB website: www.reservebank.co.za by following the links: Home > What we do > Financial Surveillance > Financial Surveillance documents.

Head of Department: Financial Surveillance

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