| Name | Requires importers of goods and services to have a designated account. |
|---|---|
| Description | Importer-exporter shall register at the Bank of Lao PDR within 30 working days after receiving the certificate of importer-exporter registration from Industry and Commerce sector, then apply for the certificate of importer-exporter notification registration to open the bank account for import-export at the commercial bank. |
| Comments | To encourage payment transactions and receipt of payments for goods and services with overseas through the banking system |
| Validity From | 2023-07-24 |
| Validity To | 9999-12-10 |
| Reference | Article 5-6 of Decision 677/BOL |
| Measure Type | General |
| Agency | Bank of Lao PDR |
| Legal Document | - The decision in managing currency exchange for import-export of goods and services, No. 677/BOL, date 24 July 2023. |
| UN Code | G32 |
Procedures
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