Exchange Control definition

Exchange Control means the Financial Surveillance Department of the South African Reserve Bank responsible for the administration of exchange control on behalf of the Minister of Finance or an officer of Treasury who, by virtue of the division of work in Treasury, deals with the matter on the authority of the Minister of Finance.
Exchange Control. – means the control of foreign exchange and gold transactions under the Central Banking Regulation;
Exchange Control means the central banking authority, or any similar institution, that is responsible for regulating any overseas monetary system or non- cash payment system.

Examples of Exchange Control in a sentence

  • The RMB is not freely convertible into other currencies, however, under Mainland China’s Foreign Exchange Control Regulations and Administration of Settlement, Sale and Payment of Foreign Exchange Regulations, the Group is permitted to exchange RMB for other currencies through banks authorised to conduct foreign exchange business.

  • All payments to or by the Company will be in Indian rupees and shall be in accordance with the prevailing Exchange Control regulations and other relevant laws in force in India.

  • Conversion of RMB into foreign currencies is subject to the PRC’s Foreign Exchange Control Regulations and Administration of Settlement, Sale and Payment of Foreign Exchange Regulations.

  • The Home Care Consultant hired by the Provider (Contractor) must attend mandatory training.

  • For export licence application and Exchange Control purposes, the source of funds or ty pe of account from which payment for this order will be made is named overleaf.


More Definitions of Exchange Control

Exchange Control means the central banking authority, or any similar institution, that is responsible
Exchange Control means all applicable SARB regulations that have to be complied with;
Exchange Control means the Financial Surveillance Department of the South African Reserve Bank;
Exchange Control means all applicable SARB regulations that must be complied with;
Exchange Control means the Exchange Control Division of the National Bank of Ethiopia;
Exchange Control. Restrictions on Foreign Ownership of Indian Securities", "Dividend Policy", "Government of India Approvals", "Taxation", "Underwriting" and "Enforcement of Civil Liabilities" in so far as such statements constitute matters of law or legal conclusions, have been reviewed by us and constitute a fair summary of the legal matters, referred to therein.