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Exchange Control Circular No. 6/2018
Circular Reference: Exchange Control Circular No. 6/2018
Circular Date: 21 February 2018
Circular Status: Withdrawn (see Exchange Control Circular No. 1/2019)
South African holding company for African and offshore operations
Authorised Dealers are advised that of the following amendments to the Currency and Exchanges Manual for Authorised Dealers:
Section B.2(E)(i)(c)
The limit of ‘R2 billion’ per calendar year has been increased to ‘R3 billion’ per calendar year.
Section B.2(E)(ii)(c)
The limit of ‘R1 billion’ per calendar year has been increased to ‘R2 billion’ per calendar year.
The amended Manuals and guideline documents may be accessed on the SARB website: www.reservebank.co.za by following the links: Home > Regulation and supervision > Financial surveillance and exchange controls > Currency and exchanges documents.
S E Mazibuko
Head of Department: Financial Surveillance