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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
Comments-
Validity From02-02-2004
Validity To31-12-9999
ReferenceArticle 4
StatusActive
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
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