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Authorised Dealers in foreign exchange
Page Content Authorised Dealers in foreign exchange The Minister of Finance has appointed certain banks to act as Authorised Dealers in foreign exchange that gives such banks the right to buy and sell foreign exchange, subject to conditions and within limits prescribed by the Financial Surveillance Department. Authorised Dealers are not the agents of Financial Surveillance Department but act on behalf of their customers.
Authorised Dealers in foreign exchange with limited authority (ADLAs) Authorised Dealers in foreign exchange with limited authority including Bureaux de Change, are authorised by Treasury to deal in foreign exchange for the sole purpose of facilitating travel related transactions.
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