Examples of Common Monetary Area in a sentence

If you use your Card, eBanking and Telephone Banking functionality outside of the Common Monetary Area ("CMA") comprising of South Africa, Namibia, Lesotho and Eswatini, you will have to comply with the relevant exchange control regulations.
The amounts are not freely transferable from the Common Monetary Area and may only be dealt with in terms of the Regulations.
There are no foreign exchange restrictions between banks of the Common Monetary Area (CMA) member countries in respect of cross-border transactions amongst themselves.
In terms of the Exchange Control Regulations, such Distribution Shares are not freely transferable from the Common Monetary Area.
The list of existing or projected monetary cooperation and integration schemes among less developed economies is impressively long; the most prominent examples of regional mone- tary cooperation among developing and emerging market economies can be found in the As- sociation of South East Asian Nations (ASEAN), in the Common Monetary Area of Southern Africa (CMA), and incipiently the Gulf Cooperation Council (GCC) and the Fondo Latino- americano de Reservas (FLAR).

More Definitions of Common Monetary Area

Common Monetary Area means the Republics of South Africa and Namibia and the Kingdoms of Swaziland and Lesotho;

Common Monetary Area means the area in which exchange and monetary arrangements are co- ordinated in accordance with the Multilateral Monetary Agreement concluded on 6 February 1992 between Namibia, the Kingdom of Lesotho, the Republic of South Africa and the Kingdom of Swaziland;

Common Monetary Area means the area consisting of South Africa, Lesotho, Namibia and Swaziland;

Common Monetary Area means South Africa, Lesotho, Namibia and Eswatini;

Common Monetary Area means the area consisting of South Africa, Lesotho, Namibia and the Kingdom of eSwatini;

Common Monetary Area means, collectively, South Africa, the Republic of Namibia and the Kingdoms of Eswatini and Lesotho;

Common Monetary Area means states neighbouring South Africa whose currency is linked directly to the South African rand;