MSB Forex
Bureau is a wholly owned subsidiary of Malawi Savings Bank and was
incorporated in August 2006. The Bureau was set up to trade (buy
and sell) forex to individuals wishing to travel outside the country
for business or pleasure and also those foreigners coming into the
country and require the local currency (Malawi Kwacha).
The bureau buys and sells United States Dollars,
British Pounds, European Euros and South African rands.
MSB Forex Bureau buys sells forex to any Malawian
with a valid passport or foreigners who have resided in the country
for a period of over 6 months and have valid work permit. It also
buys forex from both Malawians and foreigners. As a registered Bureau,
MSB Forex Bureau adheres to rules and regulations of the Reserve
Bank and will not sell forex beyond the limits prescribed by the
Central Bank. At MSB Forex Bureau customers are assured of availability
of forex at all times.
|