{"id":7513,"date":"2025-08-01T16:05:20","date_gmt":"2025-08-01T16:05:20","guid":{"rendered":"https:\/\/dgtcfm.cm\/currency-exchange\/"},"modified":"2025-08-12T18:19:33","modified_gmt":"2025-08-12T18:19:33","slug":"currency-exchange","status":"publish","type":"page","link":"https:\/\/dgtcfm.cm\/en\/currency-exchange\/","title":{"rendered":"Currency Exchange"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"7513\" class=\"elementor elementor-7513 elementor-3696\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-919339a e-flex e-con-boxed e-con e-parent\" data-id=\"919339a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-ba40f01 e-con-full e-flex e-con e-child\" data-id=\"ba40f01\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-de72987 e-con-full e-flex e-con e-child\" data-id=\"de72987\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1dc15d5 elementor-nav-menu--dropdown-tablet elementor-nav-menu__text-align-aside elementor-nav-menu--toggle elementor-nav-menu--burger elementor-widget elementor-widget-nav-menu\" data-id=\"1dc15d5\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;layout&quot;:&quot;vertical&quot;,&quot;submenu_icon&quot;:{&quot;value&quot;:&quot;&lt;svg aria-hidden=\\&quot;true\\&quot; class=\\&quot;e-font-icon-svg e-fas-caret-down\\&quot; viewBox=\\&quot;0 0 320 512\\&quot; xmlns=\\&quot;http:\\\/\\\/www.w3.org\\\/2000\\\/svg\\&quot;&gt;&lt;path d=\\&quot;M31.3 192h257.3c17.8 0 26.7 21.5 14.1 34.1L174.1 354.8c-7.8 7.8-20.5 7.8-28.3 0L17.2 226.1C4.6 213.5 13.5 192 31.3 192z\\&quot;&gt;&lt;\\\/path&gt;&lt;\\\/svg&gt;&quot;,&quot;library&quot;:&quot;fa-solid&quot;},&quot;toggle&quot;:&quot;burger&quot;}\" data-widget_type=\"nav-menu.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t<nav aria-label=\"Menu\" class=\"elementor-nav-menu--main elementor-nav-menu__container elementor-nav-menu--layout-vertical e--pointer-underline e--animation-fade\">\n\t\t\t\t<ul id=\"menu-1-1dc15d5\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-7832\"><a href=\"https:\/\/dgtcfm.cm\/\" class=\"elementor-item\">\ud83c\udfe0ACCUEIL<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-5630\"><a href=\"#\" class=\"elementor-item elementor-item-anchor\">CHANGE ET TRANSFERTS<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7833\"><a href=\"https:\/\/dgtcfm.cm\/en\/currency-exchange\/\" class=\"elementor-item\">Currency Exchange<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7834\"><a href=\"https:\/\/dgtcfm.cm\/en\/transfers\/\" class=\"elementor-item\">Transfers<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t<div class=\"elementor-menu-toggle\" role=\"button\" tabindex=\"0\" aria-label=\"Menu Toggle\" aria-expanded=\"false\">\n\t\t\t<svg aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--open e-font-icon-svg e-eicon-menu-bar\" viewBox=\"0 0 1000 1000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M104 333H896C929 333 958 304 958 271S929 208 896 208H104C71 208 42 237 42 271S71 333 104 333ZM104 583H896C929 583 958 554 958 521S929 458 896 458H104C71 458 42 487 42 521S71 583 104 583ZM104 833H896C929 833 958 804 958 771S929 708 896 708H104C71 708 42 737 42 771S71 833 104 833Z\"><\/path><\/svg><svg aria-hidden=\"true\" role=\"presentation\" class=\"elementor-menu-toggle__icon--close e-font-icon-svg e-fas-long-arrow-alt-right\" viewBox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M313.941 216H12c-6.627 0-12 5.373-12 12v56c0 6.627 5.373 12 12 12h301.941v46.059c0 21.382 25.851 32.09 40.971 16.971l86.059-86.059c9.373-9.373 9.373-24.569 0-33.941l-86.059-86.059c-15.119-15.119-40.971-4.411-40.971 16.971V216z\"><\/path><\/svg>\t\t<\/div>\n\t\t\t\t\t<nav class=\"elementor-nav-menu--dropdown elementor-nav-menu__container\" aria-hidden=\"true\">\n\t\t\t\t<ul id=\"menu-2-1dc15d5\" class=\"elementor-nav-menu sm-vertical\"><li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-7832\"><a href=\"https:\/\/dgtcfm.cm\/\" class=\"elementor-item\" tabindex=\"-1\">\ud83c\udfe0ACCUEIL<\/a><\/li>\n<li class=\"menu-item menu-item-type-custom menu-item-object-custom menu-item-5630\"><a href=\"#\" class=\"elementor-item elementor-item-anchor\" tabindex=\"-1\">CHANGE ET TRANSFERTS<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7833\"><a href=\"https:\/\/dgtcfm.cm\/en\/currency-exchange\/\" class=\"elementor-item\" tabindex=\"-1\">Currency Exchange<\/a><\/li>\n<li class=\"menu-item menu-item-type-post_type menu-item-object-page menu-item-7834\"><a href=\"https:\/\/dgtcfm.cm\/en\/transfers\/\" class=\"elementor-item\" tabindex=\"-1\">Transfers<\/a><\/li>\n<\/ul>\t\t\t<\/nav>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-840980f e-con-full e-flex e-con e-child\" data-id=\"840980f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-984e9e2 elementor-widget elementor-widget-text-editor\" data-id=\"984e9e2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div style=\"margin: 0 auto; line-height: 1.6;\">\n    \n    <p>Manual currency exchange is a crucial tool for the fluidity of international financial transactions and the smooth functioning of the foreign exchange market in the CEMAC zone. It consists, regardless of the medium used, of the purchase or sale of foreign banknotes or traveler&#8217;s checks against CFA Francs. To ensure the transparency and regulation of this sensitive sector, the practice of manual currency exchange is governed by foreign exchange regulations, notably the <span style=\"color: #1a2c3d; font-weight: bold;\">Regulation of December 21, 2018<\/span> and the <span style=\"color: #1a2c3d; font-weight: bold;\">Instructions of June 10, 2019<\/span>. Within this framework, only a duly constituted and authorized legal entity may habitually carry out this activity in Cameroon and in the CEMAC zone.   <\/p>\n\n    <h2 style=\"color: #1a2c3d; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px; font-size:25px\">\n  1. Entities Authorized to Conduct Manual Currency Exchange Operations\n    <\/h2>\n\n    <p>The following are authorized to carry out manual currency exchange operations:<\/p>\n    <ul>\n        <li>credit institutions;<\/li>\n        <li>microfinance institutions;<\/li>\n        <li>postal administrations;<\/li>\n        <li>currency exchange offices.<\/li>\n    <\/ul>\n\n    <p>However, in the context of foreign currency purchase operations from customers, credit institutions may grant sub-delegations to certain entities, including hotels, travel agencies, airport shops, and casinos, which, due to their activities, receive foreign currency payments from foreign travelers. Credit institutions shall notify the Central Bank of the sub-delegations granted to eligible entities. <\/p>\n\n    <h2 style=\"color: #1a2c3d; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px;font-size:25px\">\n  2. Obligations\n    <\/h2>\n\n    <p>Entities authorized to conduct manual currency exchange operations are required to:<\/p>\n    <ul>\n        <li>serve their customers within the limits of their foreign currency availability and foreign currency allocation thresholds;<\/li>\n        <li>verify the compliance of supporting documents presented by customers;<\/li>\n        <li>report to the Ministry in charge of currency and credit, the Central Bank, and COBAC, according to the procedures stipulated in this Regulation and in subsequent texts.<\/li>\n    <\/ul>\n\n    <h2 style=\"color: #1a2c3d; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px;font-size:25px\">\n  3. Sanctions\n    <\/h2>\n\n    <p>Infringements of obligations related to the exercise of manual currency exchange activity, including the exercise or continuation of manual currency exchange activity without authorization, are punishable by a fine of <span style=\"color: #1a2c3d; font-weight: bold;\">5 million CFA Francs<\/span>, accompanied by the immediate surrender of foreign currency to the Central Bank. Furthermore, offenders may incur non-pecuniary sanctions such as warning, reprimand, prohibition from carrying out certain transfer operations, suspension of activities, suspension or revocation of the manager, temporary closure, suspension or withdrawal of authorization or license. <\/p>\n\n    <h2 style=\"color: #1a2c3d; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px;font-size:25px\">\n  4. Regulatory References\n    <\/h2>\n\n    <p>For more details, refer to the following current texts:<\/p>\n    <ol>\n        <li><span style=\"color: #1a2c3d; font-weight: bold;\">Regulation No. 02\/18\/CEMAC\/UMAC\/CM of December 21, 2018, concerning foreign exchange regulation in CEMAC member states<\/span>;<\/li>\n        <li><span style=\"color: #1a2c3d; font-weight: bold;\">Instruction No. 011\/GR\/2019 of June 10, 2019<\/span>, relating to the conditions for exercising manual currency exchange activity;<\/li>\n        <li><span style=\"color: #1a2c3d; font-weight: bold;\">Instruction No. 009\/GR\/2019 of June 10, 2019<\/span>, relating to the status of a sub-delegated institution within the framework of manual currency exchange activity.<\/li>\n    <\/ol>\n\n<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Manual currency exchange is a crucial tool for the fluidity of international financial transactions and the smooth functioning of the foreign exchange market in the CEMAC zone. It consists, regardless of the medium used, of the purchase or sale of foreign banknotes or traveler&#8217;s checks against CFA Francs. To ensure the transparency and regulation of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_mo_disable_npp":"","om_disable_all_campaigns":false,"footnotes":""},"class_list":["post-7513","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/comments?post=7513"}],"version-history":[{"count":1,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7513\/revisions"}],"predecessor-version":[{"id":7514,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7513\/revisions\/7514"}],"wp:attachment":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/media?parent=7513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}