Name | Requirement for exempted residents to open bank account abroad. |
---|---|
Description | Residents 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 From | 02-02-2004 |
Validity To | 31-12-9999 |
Reference | Article 4 |
Status | Active |
Measure Type | Other measures |
Agency Name | Bank of the Lao PDR |
Legal Document | Additional Instruction for Implementation of Some Articles of The Instruction No. 01/BOL, dated 05 Feb 2004 |