To adjust your foreign trade operations without incurring currency risk

Beneficiaries

Any resident company having foreign exchange earnings from exports of goods or services, may for settlement purposes of the transactions with abroad be free to open one or more business accounts in foreign currencies.

This account can be fed freely through:

·      100% of foreign exchange earningsmade from exports and foreign currency loans contracted by theresident company in accordance with the exchange regulations in force,,

·investment interest thereon,

·transfers from another professional account of the same holder held in the same currency.

This account can be debited freely for:

·The partial or total foreign trade operations relating to the activities of the companyand any other operation authorized by foreign exchange regulations,

·Investment operations in accordance with the foreign exchange and foreign trade regulations in force,

·The sale of foreign currency on the foreign exchange market,

·Credit another professional account of the same holder held in the same currency.