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Botswana Bans Forex Payments At Ports Of Entry

4 years agoThu, 27 Jun 2019 19:25:22 GMT
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Botswana Bans Forex Payments At Ports Of Entry

The Botswana Unified Revenue Service (BURS) has announced that with effect from the 1st of August 2019, it will no longer be accepting foreign currencies.

The Department said in a statement:

The public is informed that with effect from 1st August 2019 Botswana Unified Revenue Service (BURS) will no longer accept any foreign currency as payment.

This decision is made to curb high administrative costs incurred by BURS as the cost of converting foreign currency to Botswana Pula is increasingly becoming financially unsustainable.

For continued smooth service, BURS provides Point of Sale (PoS) facilities at all BURS offices and ports of entries.

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Furthermore, there are operational bureau exchange services providers at all Botswana’s major ports of entry to facilitate foreign exchange services.

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