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NameRequirement for approval and management of external commercial credit
DescriptionIndividuals or legal entities who have the intention to grant or receive external commercial credit and servicing shall request authorization from the Bank of Lao PDR to manage foreign exchange by submitting an application that contains the prescribed information.
Comments-
Validity From02-04-2010
Validity To31-12-9999
ReferenceArticle 20
StatusActive
Measure TypeAuthorization / permit requirements
Agency NameBank of the Lao PDR
Legal DocumentInstruction 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
This measure applies to Service