Changes to Exchange Control Limits
Since 2 April 2020 (revised 23 November 2021), the Reserve of Bank of Fiji (RBF) has revised its Exchange Control Guidelines.
1. Exchange Control Limit Changes on Debit and Credit cards usage
2. Suspension of all Offshore Investments
The full requirements are set out at Reserve Bank of Fiji’s website and you can read more on the .
1. Exchange Control Limit Changes
Approval from the Reserve Bank of Fiji must be obtained for all offshore payments above these limits.
Applications (except Debit Card and Insurance Payments) can be lodged online at https://eservice.rbf.gov.fj/Public/FormB or we can lodge this on your behalf upon receiving the full set of documentation.
Please take note of these limits as we are required to report customers who have breached to the RBF and may result in cards being blocked from any further purchasing/spending until RBF clearance/approval is obtained.
2. Suspenson of Offshore Investment
The Bank has introduced a more proactive approach to adhere with the RBF’s Exchange Control Guidelines to suspend all Offshore Investments.
All Westpac-issued Visa and American Express cards will be blocked for purchase of digital currency (such as bitcoin and other cryptocurrencies), as they are considered "offshore investments" until such time as the suspension is uplifted by RBF.
Please contact your Relationship Manager, visit any of our branches or call our Customer Care Centre on 132 032 for more information.