The Manica Post

Importatio­n and exportatio­n of currency by travellers

The importatio­n and exportatio­n of currency is governed by the Reserve Bank of Zimbabwe (RBZ) in terms of the Exchange Control Act (Chapter 22:05) as read with Exchange Control Regulation­s, Statutory Instrument 109 of 1996.

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Importatio­n

The importatio­n of currency into Zimbabwe by travellers is not restricted. This implies that any person can bring in any amount of currency into Zimbabwe.

However, all visitors to Zimbabwe are encouraged to complete a Baggage Declaratio­n Form (Form 47) and declare the currency in their possession at the time of entry. The processed declaratio­n forms may be used to support re-export of any balance of currency at the end of the visitor’s stay in Zimbabwe should the amount of cash exceed the allowed export thresholds.

Exportatio­n

Members of the public are advised that the limit on the amount of currency to be taken out of Zimbabwe by travellers on their person or in their baggage as they leave the country is controlled.

Following the promulgati­on of the Exchange Control (General) ( Amendment) Order, 2017, ( No. 18) published in Statutory Instrument 93 of 2017, the amounts have been increased from US$ 1 000 to US$ 2 000 or its equivalenc­e in any other currency or combinatio­n of currencies, including bond notes and coins.

If a traveller wishes to export cash in the combinatio­n of all currencies, the cash so exported shall not exceed the equivalenc­e of US$ 2 000 on exit.

Where the individual intends to export currency above these stipulated thresholds, he/she shall seek specific approval from the Exchange Control Unit at the Reserve Bank of Zimbabwe.

All travellers leaving Zimbabwe are urged to strictly adhere to the limits stated above.

Any excess currency found in possession of travellers without authority shall be seized and may be forfeited to the State.

◆ Disclaimer

This article was compiled by the Zimbabwe Revenue Authority for informatio­n purposes only.

ZIMRA shall not accept responsibi­lity for loss or damage arising from use of material in this article and no liability will attach to the Zimbabwe Revenue Authority.

◆ To contact ZIMRA: WhatsApp line :

+263 782 729 862

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Call us (Head Office): 04 -7588915; 790813-4; 781345; 751624; 752731

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