Chad - Foreign Exchange Controls Chad - Foreign Exchange
There are no restrictions on the transfer of funds into Chad. Individuals transferring more than $1,000 out of Chad should provide documentation of the source and purpose of the transfer to the bank. Transactions of $10, 000 or more for individuals and $50, 000 or more for companies are automatically notified to the COBAC. Additional requirements exist for companies transferring more than $800,000 out of the country. Approvals are routine, although the Central Bank has occasionally temporarily restricted capital outflows.
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