Guide To Doing Business in Australia: Exchange Control


Guide To Doing Business in Australia: Exchange Control

EXCHANGE CONTROL:

Generally, there are no exchange controls in Australia. However, taking currency notes (in any currency) to the value of AUD10,000 or more must be reported.

In some cases there may be financial sanctions imposed in relation to transactions involving certain countries, entities or individuals. The sanctions are aimed at prohibiting international funds transfers and other transactions using foreign currency involving parties associated with certain activities.

Please see full Chapter below for more information.

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