ADVOKS GLOBAL · KENYA
The Central Bank of Kenya (Foreign Exchange Business) Regulations, 2007
3. Minimum core capital
Edition: 2022-12-31 · In force
3. Minimum core capital
(1)A company applying for a foreign exchange bureau licence shall not be issued with a licence unless it has a minimum core capital of thirty thousand United States Dollars or its equivalent in Kenya Shillings.(2)The minimum core capital prescribed under paragrapgh (1) shall be maintained from the date of commencement of operations and at all times during the course of any business operations of a licensed foreign exchange bureau.