Changes to Exchange Control Limits
We advise our valued customers that the Reserve Bank of Fiji has revised the limits on VISA Debit and VISA Credit cards for offshore transactions as detailed below under the Exchange Control Regulations:
Exchange Control Limit Changes
|
Type of Payment |
New Limits |
|
VISA Credit Card Payment |
|
|
Personal |
FJ$10,000 per month |
|
Corporate |
FJ$20,000 per card per month |
|
Cash Withdrawal |
FJ$1,500 per month |
|
VISA Debit Card Usage |
FJ$5,000 per month |
|
Medical Expenses paid directly to the Medical Institution |
Up to FJ$100,000 per medical treatment |
|
Medical Expenses paid directly to the patient/nominee |
Up to FJ$50,000 per treatment |
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 new limits as we are mandated to report any breach to the RBF and this may result in cards being blocked from any further purchasing/spending until RBF clearance/approval is obtained.
Please contact your relationship manager, visit any of our branches or call our 24-Hour BSP Customer Service Centre on 132 888 (from within Fiji) or +679 321 4300; email bula@bsp.com.fj or send a Secure Message via your Internet Banking access.