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NameRequirement for exempted residents to open bank account abroad.
DescriptionResidents exempted from bringing their income into Lao PDR must open a bank account abroad to receive foreign currency income and pay external debt directly according to the Bank of Lao's instructions, and the balance must be brought into Lao PDR
Validity From02-02-2004
Validity To31-12-9999
ReferenceArticle 4
Measure TypeOther measures
Agency NameBank of the Lao PDR
Legal DocumentAdditional Instruction for Implementation of Some Articles of The Instruction No. 01/BOL, dated 05 Feb 2004
This measure applies to Service