Exchange Control Circular No. 33/2015

Circular Reference: Exchange Control Circular No. 33/2015

Circular Date: 9 December 2015

Circular Status: Withdrawn (see Exchange Control Circular No. 1/2016)

Amendment to the Exchange Control Rulings

Flowing from representations made, Authorised Dealers are advised of the following amendment to the Exchange Control Rulings:

Section B.9(A)(i)

Reference to “a C.I.F. basis” in the abovementioned subsection is deleted and replaced with “any acceptable Incoterm under the UCP 600 that includes freight.”

A replacement page of the Exchange Control Rulings incorporating the relevant amendment is attached hereto.

Head of Department: Financial Surveillance

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