Includes how foreign exchange is managed and implications for U.S. business.
Last Published: 4/5/2019

Bank accounts may be held in local or foreign currency, and funds are easily transferred out of the country or held offshore.  Amounts over $5,000, carried in or out in cash or travelers checks, must be declared.  Commercial banks and bureau de change operators restrict issuance of over-the-counter cash to $5,000 per transaction.

The BoZ is responsible for the management of the country’s foreign exchange reserves and participates in open market operations to either build up reserves or to smooth exchange rate volatility.

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting

Zambia Market Access Foreign Exchange