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. Fiji’s currency reserves situation is strong and bona fide remittances are routinely consented to.

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.