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Who can apply? |
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The general public can
apply |
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What to do? |
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Submit a written
application addressed to the Governor of the Bank of
Guyana, which is forwarded to the International
Department for processing. |
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How
often should the license be renewed? |
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Each calendar year after
inspection of the cambio and submission of renewal
application. |
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What
about reporting requirements? |
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The licensed cambio
is required to submit
information to the Bank of
Guyana on forms IV, 5, 6, 7
and 8. |
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How
are the cambios supervised? |
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Section 16 of Dealers in
Foreign Currency Act No 19 of 1989, authorizes the Bank
of Guyana to conduct an examination of the cambios.
Officers from the International
Department would inspect the records maintained by
cambios to ensure compliance with regulations. |
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What is the objective of the
examination? |
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To check for compliance
according to the Act. |
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