February 2, 2024
The Central Bank of Belize (Central Bank) reminds the public that, in accordance with the Domestic Banks and Financial Institutions Act, International Banking Act, Credit Unions Act, Moneylenders Act, and National Payment System Act, persons are prohibited from carrying out certain financial activities without the requisite license or registration.
The public is reminded that it is illegal for an unlicensed or unregistered bank, credit union, moneylender (including pawnbroker), payment service provider (such as remittance service provider or E-wallet provider), or payment system operator to conduct or engage in financial transactions in or from within Belize.
Any person who conducts any of the above-listed services without holding a valid license or registration from the Central Bank commits an offence and is liable on summary conviction to penalties under the relevant law.
The Central Bank, as industry regulator, remains committed to effective oversight of the financial system in service to the Belizean public and business community. If a member of the public encounters any such unlicensed or unregistered activities or operations, please make a report to:
Central Bank of Belize
Telephone: (501) 223-6164
Email: [email protected]
or
The Belize Police Department - Major Crimes Unit
Telephone: (501) 822-2222
Email: [email protected]