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| Name | Opening and Using a Bank Deposit Foreign Account of a Resident of the Lao PDR Overseas |
|---|---|
| Description | Foreign exchange accounts can only be opened overseas by a legal entity which is not a commercial bank located in the Lao PDR upon receiving the requisite authorisation. |
| Comments | - |
| Validity From | 02-04-2010 |
| Validity To | 31-12-9999 |
| Reference | Articles 7 and 10 |
| Status | Active |
| Measure Type | Authorization / permit requirements |
| Agency Name | Bank of the Lao PDR |
| Legal Document | Instruction on Implementation of Decree Law on Management of Foreign Currency and Precious Metals No. 1/PC dated 17 March 2008 No. 01/BOL, dated 2 April 2010 |