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Exchange Control Circular No. 9/2013
Circular Reference: Exchange Control Circular No. 9/2013
Circular Date: 28 March 2013
Circular Status: Withdrawn (see Exchange Control Circular No. 1/2017)
Authorised Dealer in Foreign Exchange
Authorised Dealers are advised that all the assets and liabilities of The Hongkong and Shanghai Banking Corporation Limited – Johannesburg Branch, have been transferred to HSBC Bank plc – Johannesburg Branch, in terms of Section 54 of the Banks Act, 1990 (Act No. 94 of 1990). The Hongkong and Shanghai Banking Corporation Limited – Johannesburg Branch, will now be trading in South Africa as HSBC Bank plc – Johannesburg Branch, with effect from 2013-04-01.
Pending the formal appointment of HSBC Bank plc – Johannesburg Branch, as an Authorised Dealer in foreign exchange, Authorised Dealers may in the interim, conduct foreign currency business with HSBC Bank plc – Johannesburg Branch, with effect from 2013-04-01.
Head of Department