{"id":7517,"date":"2025-05-23T10:14:53","date_gmt":"2025-05-23T10:14:53","guid":{"rendered":"https:\/\/dgtcfm.cm\/transfers\/"},"modified":"2025-08-12T18:21:58","modified_gmt":"2025-08-12T18:21:58","slug":"transfers","status":"publish","type":"page","link":"https:\/\/dgtcfm.cm\/en\/transfers\/","title":{"rendered":"Transfers"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"7517\" class=\"elementor elementor-7517 elementor-1924\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5104efa e-flex e-con-boxed e-con e-parent\" data-id=\"5104efa\" 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-0b48799 e-con-full e-flex e-con e-child\" data-id=\"0b48799\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ea2fbf6 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=\"ea2fbf6\" 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-ea2fbf6\" 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-ea2fbf6\" 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-2c04b2b e-con-full e-flex e-con e-child\" data-id=\"2c04b2b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0a3edb7 elementor-widget elementor-widget-text-editor\" data-id=\"0a3edb7\" 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\nWithin the framework of regulations governing financial operations with foreign entities, regulations strictly govern cross-border fund transfers, both for commercial and financial purposes. These transfers are subject to specific procedures aimed at ensuring the traceability of flows, compliance with export revenue repatriation obligations, and good governance of foreign investments. In Cameroon, the implementation of these provisions falls under the jurisdiction of the Ministry of Finance, particularly through the <span style=\"color: #1a2c3d; font-weight: bold;\">DGTCFM<\/span>, in close collaboration with the <span style=\"color: #1a2c3d; font-weight: bold;\">Bank of Central African States (BEAC)<\/span>. Transfers must be justified and documented according to the nature of the operation: exports, loans, direct or portfolio investments, repayments, or other current transactions. This section details the main procedures related to transfers, their documentary requirements, the competent authorities for their processing, and the relevant regulatory texts.    \n<h2 style=\"color: #1a2c3d; font-size: 25px; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px;\">1. Administrative Clearance of Export Files<\/h2>\n<span style=\"color: #1a2c3d; font-weight: bold;\">Initiating Body for the Draft Act:<\/span> Competent Regional Monetary and Insurance Affairs Department (SRAMA) (located in the regional capital).\n\n<span style=\"color: #1a2c3d; font-weight: bold;\">Required Documents:<\/span> Export license (Form 1), pro forma invoice, final invoice, bill of lading\/air waybill\/road consignment note, shipping order, customs documents if applicable.\n\n<span style=\"color: #1a2c3d; font-weight: bold;\">Nature and Signatory of the Act:<\/span> License clearance letter from the competent SRAMA.\n<h2 style=\"color: #1a2c3d; font-size: 25px; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px;\">2. Certificate of Repatriation of Export Proceeds (outside CEMAC zone)<\/h2>\n<span style=\"color: #1a2c3d; font-weight: bold;\">Required Documents:<\/span> Stamped application (at <span style=\"color: #1a2c3d; font-weight: bold;\">25,000 FCFA<\/span>), certified copy of taxpayer card, copies of the various invoices issued, bank credit advices or bank certificates, copies of bills of lading, copies of export licenses, license clearance letter.\n\n<span style=\"color: #1a2c3d; font-weight: bold;\">Nature and Signatory of the Act:<\/span> Certificate issued by the DGTFMC\/DCFM.\n<h2 style=\"color: #1a2c3d; font-size: 25px; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px;\">3. Transfer Authorization<\/h2>\n<span style=\"color: #1a2c3d; font-weight: bold;\">Required Documents:<\/span> Proof of prior declaration of the loan to the Ministry in charge of currency and credit and to BEAC, the repayment schedule or loan amortization table, document establishing the repatriation of the loan or the actual realization of acquisitions, loan agreement.\n\n<span style=\"color: #1a2c3d; font-weight: bold;\">Reference Texts:<\/span> Article 107 of Regulation N\u00b002\/18\/CEMAC\/UMAC\/CM.\n<h2 style=\"color: #1a2c3d; font-size: 25px; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px;\">4. Declaration of Loan, Lending, or Repayment Realization<\/h2>\n<span style=\"color: #1a2c3d; font-weight: bold;\">Required Documents:<\/span> Documents attesting to the actual realization of the loan operation, including supporting documents for the repatriation of the loan or the acquisitions made. The same applies to lending and repayments. \n\n<span style=\"color: #1a2c3d; font-weight: bold;\">Reference Text:<\/span> Articles 103 to 115 of Regulation N\u00b002\/18\/CEMAC\/UMAC\/CM.\n<h2 style=\"color: #1a2c3d; font-size: 25px; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px;\">5. Declaration of Portfolio Investment Realization<\/h2>\n<span style=\"color: #1a2c3d; font-weight: bold;\">Required Documents:<\/span> Declaration to the Ministry of Finance within thirty <span style=\"color: #1a2c3d; font-weight: bold;\">(30) days<\/span> following the realization of the operation (for foreign portfolio investments in CEMAC that constitute a capital increase resulting from the reinvestment of undistributed profits).\n\n<span style=\"color: #1a2c3d; font-weight: bold;\">Reference Text:<\/span> Article 131 of Regulation N\u00b002\/18\/CEMAC\/UMAC\/CM.\n<h2 style=\"color: #1a2c3d; font-size: 25px; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px;\">6. Declaration of Direct Investment Realization<\/h2>\n<span style=\"color: #1a2c3d; font-weight: bold;\">Required Documents:<\/span> Declaration to the Minister of Finance within thirty <span style=\"color: #1a2c3d; font-weight: bold;\">(30) days<\/span> following the realization of the operation (for foreign direct investments in CEMAC, as well as direct investments by residents abroad, which constitute a capital increase resulting from the reinvestment of undistributed profits). The same applies to the realization and liquidation of foreign direct investments in CEMAC, as well as to the reinvestment of the proceeds from the liquidation of direct investments by residents abroad. \n\n<span style=\"color: #1a2c3d; font-weight: bold;\">Reference Text:<\/span> Articles 116 to 128 of Regulation N\u00b002\/18\/CEMAC\/UMAC\/CM.\n<h2 style=\"color: #1a2c3d; font-size: 25px; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px;\">7. Prior Loan Declaration<\/h2>\n<span style=\"color: #1a2c3d; font-weight: bold;\">Required Documents:<\/span> Loan declaration, loan agreement, the loan repayment schedule, the social accounts of the requesting entity, the act authorizing the responsible party to commit the entity to the loan, if applicable.\n\n<span style=\"color: #1a2c3d; font-weight: bold;\">Reference Text:<\/span> Article 105 of Regulation N\u00b002\/18\/CEMAC\/UMAC\/CM.\n<h2 style=\"color: #1a2c3d; font-size: 25px; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px;\">8. Prior Direct Investment Declaration<\/h2>\n<span style=\"color: #1a2c3d; font-weight: bold;\">Required Documents:<\/span> Declaration to the Minister of Finance at least thirty <span style=\"color: #1a2c3d; font-weight: bold;\">(30) days<\/span> before their realization (for foreign direct investments in CEMAC). The same applies to the transfer of proceeds from the liquidation or sale of foreign direct investments in CEMAC.\n\n<span style=\"color: #1a2c3d; font-weight: bold;\">Reference Text:<\/span> Articles 118 and 121 of Regulation N\u00b002\/18\/CEMAC\/UMAC\/CM.\n<h2 style=\"color: #1a2c3d; font-size: 25px; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px;\">9. Prior Portfolio Investment Declaration<\/h2>\n<span style=\"color: #1a2c3d; font-weight: bold;\">Required Documents:<\/span> Declaration to the Minister of Finance at least thirty <span style=\"color: #1a2c3d; font-weight: bold;\">(30) days<\/span> before their realization (for foreign portfolio investments in CEMAC in the form of equity participation). The same applies to the transfer of proceeds from the sale of foreign portfolio investments in CEMAC exceeding <span style=\"color: #1a2c3d; font-weight: bold;\">100 million CFA Francs<\/span>, as well as to the transfer outside CEMAC by a non-resident of proceeds from the sale of CEMAC securities exceeding <span style=\"color: #1a2c3d; font-weight: bold;\">100 million CFA Francs<\/span>.\n\n<span style=\"color: #1a2c3d; font-weight: bold;\">Reference Text:<\/span> Articles 129, 132 and 134 of Regulation N\u00b002\/18\/CEMAC\/UMAC\/CM.\n<h2 style=\"color: #1a2c3d; font-size: 25px; border-bottom: 2px solid #F2C230; padding-bottom: 5px; margin-top: 30px;\">10. Prior Declaration of Other Current Transactions<\/h2>\n<span style=\"color: #1a2c3d; font-weight: bold;\">Required Documents:<\/span> Declaration by credit institutions to the Minister of Finance (for other current transactions with foreign entities). Transfers abroad exceeding <span style=\"color: #1a2c3d; font-weight: bold;\">100 million CFA Francs<\/span> must be declared at least thirty <span style=\"color: #1a2c3d; font-weight: bold;\">30 days<\/span> before their realization.\n\n<span style=\"color: #1a2c3d; font-weight: bold;\">Reference Text:<\/span> Articles 86 and 88 of Regulation N\u00b002\/18\/CEMAC\/UMAC\/CM.\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\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Within the framework of regulations governing financial operations with foreign entities, regulations strictly govern cross-border fund transfers, both for commercial and financial purposes. These transfers are subject to specific procedures aimed at ensuring the traceability of flows, compliance with export revenue repatriation obligations, and good governance of foreign investments. In Cameroon, the implementation of these [&hellip;]<\/p>\n","protected":false},"author":1,"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-7517","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7517","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/comments?post=7517"}],"version-history":[{"count":1,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7517\/revisions"}],"predecessor-version":[{"id":7518,"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/pages\/7517\/revisions\/7518"}],"wp:attachment":[{"href":"https:\/\/dgtcfm.cm\/en\/wp-json\/wp\/v2\/media?parent=7517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}