Banking, securities and exchange control

The Fiji dollar is a controlled currency. The Reserve Bank of Fiji (RBF) regulates external currency movements under the Exchange Control Act. RBF consent is needed for all external remittances over trading bank-delegated limits, including capital and dividend repatriation. RBF routinely consents to bona fide remittances.

RBF consent is also necessary for the issue or transfer to non-residents of shares or other securities (including finance securities) in Fiji-incorporated companies or borrowing in Fiji by non-resident-controlled Fiji companies.

More information can be obtained from the website of the Reserve Bank of Fiji.