The procedures and requirements to apply for an XCH1 permit (for current transactions and capital transactions) follow.
1. Complete the XCH-1 Application for Foreign Exchange Permit Form (PDF). 2. Email the completed XCH-1 Application for Foreign Exchange Form, support documentation(s), and name of domestic bank or remittance service provider executing application via email to: CurrentTransactions@centralbank.org.bz. 3. Forms received will be processed by the end of the next business day. Kindly note, the electronic approved XCH-1 Application for Foreign Exchange Form will be emailed to the Applicant. In the event that the General Public cannot access the internet, kindly adhere to the following instructions: 1. Deliver the completed XCH-1 Application for Foreign Exchange Form in a sealed envelope clearly referencing “XCH-1 Application” along with a contact name and number to: Central Bank of Belize Payment Services & Exchange Control Approvals Department Gabourel Lane Belize City, Belize 2. XCH-1 Application for Foreign Exchange Forms will be processed by the end of the next business day. 3. The customer will be informed of the application status via a telephone call for confirmation of pick up at the Central Bank of Belize Receptacle located at the Bank’s entrance.
To request approvals of Capital Transactions such as Land Transactions, Portfolio Investments (Shares), External Investments, Foreign/Domestic loans and Bank Accounts, clients will need to:
1. Email completed applications to CapitalTransactions@centralbank.org.bz.
2. Requirements for each transaction can be found below dependent on your choice of application:
Please note, a Standing Order Application Form (PDF) must be submitted along with required documentation.
3. A confirmation of receipt of application will be sent to applicant on the day of submission. Please note, that a response on the application status will also be sent via email within 15 business days of the date of the submitted application.
Exchange Control Act Learn more about the act that allows the Central Bank of Belize to facilitate Exchange Control.