Manual exchange approval for legal entities

Costs

Free

Documents required

File to be submitted to the BCEAO and comprising:

    • A request addressed to the Minister in charge of Finance
    • An extract from the criminal record dating from less than (3) of the corporate officers;
    • A certified copy of the deed of incorporation, in particular of the articles of association indicating the activity of “manual exchange”
    • An extract from the Registration in the Trade and Personal Property Credit Register, with the words “manual change” in the subject line
    • A bank statement of balance of at least 1,000,000 FCFA for the main exchange office and, if applicable, for each annex office
    • A duly completed application form specifying the number of offices to be opened and the places where the activity is carried out

Observations

– File filed with the BCEAO -The timeframe depends on the instruction timeframe at the BCEAO level -The BCEAO may request the provision of any other document or information useful for the investigation of the file

Time limit

Three (03) months