ADVOKS GLOBAL · KENYA
The Central Bank of Kenya (Foreign Exchange Business) Regulations, 2007
2. Application for licence
Edition: 2022-12-31 · In force
2. Application for licence
(1)An application for the grant or renewal of a licence to transact foreign exchange business shall be in Form CBK/FXD/1 in the Schedule and shall be accompanied by the prescribed fee.(2)An applicant for a foreign exchange bureau licence shall in addition to other licensing requirements pay a non-refundable application fee of ten thousand shillings.(3)The application fee prescribed in paragrapgh (1) shall be payable only once by each applicant.(4)The Bank may require the applicant to supply such additional information in support of the application as it may consider necessary.(5)A licence under this Regulation shall be in Form CBK/FXD/2 in the Schedule and shall be valid for a period of one year from the date of issue.