Bureau de change means natural or legal persons whose activi- ties consist in the exchange of legal tender at the official exchange rate;10

Bureau de change means natural or legal persons whose activi- ties consist in the exchange of legal tender at the official exchange rate or of virtual currencies against legal tender and vice versa. Virtual currencies shall be understood to be digital monetary units, which can be exchanged for legal tender, used to purchase goods or services or to preserve value and thus assume the function of legal tender;5

Bureau de change means a business that exchanges cash in one currency for cash in another currency;

Examples of Bureau de change in a sentence

The margin realized will be VAT exempt and the Bureau de change will not be required to issue a valid tax invoice for this margin.
In 1989, the Bureau de change and the Inter-bank Foreign Exchange Market (IFEM) were initiated in order to cater for the needs of small end- users (Obadan, 1994).
BUSINESS CENTRE AND BUREAU DE CHANGE SERVICES• A Business Centre is situated at the Hotel & Travel Services Centre on the Main Gallery• Bureau de change is situated on the ground floor in the main reception of the CTICC at CTICC Coffee on the Square.• Business Services include:• Business and secretarial services, i.e. printing, photocopying, faxing, binding, laminating, typing, email service etc.• A self-service internet and email service, as well as a laptop zone for those who require a connection.
In today’s global economy, Bureau de change, commercial banks and multinational companies must deal with currencies of countries in which they operate in and that of other nations.
Further reforms such as the formal pegging of the Naira exchange rate, the centralization of foreign exchange in the CBN, the restriction of Bureau de change to buy foreign exchange as an agent of CBN etc.

More Definitions of Bureau de change

Bureau de change means a person licensed under this Act to carry on foreign exchange business;

Bureau de change means any person authorised under the Exchange Control Act to buy and sell foreign currency and licensed under this Act to carry on foreign exchange business;

Bureau de change means a person licensed under section 30 of the Act to transact foreign exchange business;

Bureau de change means the money exchange points on board ships operated by P&O Ferries;

Bureau de change means a company licensed under these Regulations to carry on a business of buying and selling foreign currency;

Bureau de change or “bureau” means a person with a Part 7 permission to carry out bureau de change business;

Bureau de change means a person licensed under this Act to carry on foreign exchange business; "Bureau de Change Licence" means a licence granted to a person under section 6 of this Act; "capital base" means the capital base referred to in section 23(4);