View Procedure
| Procedure Name | Exemption to export movable property. |
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| Description |
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Issuing Agency: |
Reserve Bank of Malawi |
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Incumbent Office Name: |
Reserve Bank of Malawi |
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Address: |
Reserve Bank of Malawi
P.O. Box 30063
City Centre
Lilongwe 3
Malawi |
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Fax: |
(265) (0) 1 772 752 /1 774 289 |
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Email: |
reserve-bank@rbm.mw |
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Website: |
http://www.rbm.mw |
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Phone: |
(265) (0) 1 770 600/1 771 600 |
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Procedure Step |
Description |
Required Documents |
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1 |
Go to a commercial bank to pick up a free currency declarition form (CD1). |
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2 |
The form should be completed and returned to the bank with a commercial invoice on the next day. |
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3 |
After the creation of the CD1 form, a web based information is created which is shared by MRA and RBM |
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4 |
Processing of the documentation takes a day, after which the form can be valid for six months. |
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5 |
After the exportation, there is need of reconcillation in which MRA shares the information with RBM for RBM to validate. |
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| Category | Procedure |
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The following form/s are used in this procedure
This procedure applies to the following measures
| Name | Measure Type | Agency | Description | Comments | Legal Document | Validity To | Measure Class |
| Exemptions to export of moveable property | Export Technical Measures | Ministry of Trade | Any person exporting goods that exceed 5000USD should make the required payment to the Malawi Revenue Authority.
| To make sure that every commodity being exported is paid for and the country is benefiting out of it.
| Exchange Control Act (45:01) | 31-12-9999 | Good |
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