1. Introduction

This document provides an overview of permissible foreign exchange related transactions and the applicable requirements for individuals including private individuals who have ceased to be residents for tax purposes in South Africa, immigrants, foreign nationals and CMA residents when transacting with Authorised Dealers or with ADLAs within the parameters of their respective appointment letters.

Enquiries must be directed to an Authorised Dealer or, where applicable, an ADLA. Any request to the Financial Surveillance Department must be channelled through an Authorised Dealer or ADLA. Full details applicable to the request must be provided to the Authorised Dealer or ADLA who will place a comprehensive request before the Financial Surveillance Department.