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NameRequirement for the opening of a foreign currency account for a third party
DescriptionAn individual or legal person, whether a resident or non resident of Lao PDR, desirous of opening a foreign currency account in Lao PDR for a third party, must present authorization from the money owner and the identification card of the related person.
Comments-
Validity From02-04-2010
Validity To31-12-9999
ReferenceArticle 7
StatusActive
Measure TypeAdministrative 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