What are the Balance of Payment (BoP) category codes?

Written by Team Future Forex - Written by Joshua Kotlowitz (CTO at Future Forex) - May 12, 2023 Written By Harry Scherzer (CEO at Future Forex) - as published on Ventureburn - July 24, 2023 Written by Joshua Kotlowitz (CTO at Future Forex) - as published on IT News Africa - July 28, 2023 Written By Harry Scherzer (CEO at Future Forex) - as published on BusinessTech - August 11, 2023 Business Tech - May 17, 2023 Written By Harry Scherzer (CEO at Future Forex) - as published on Moneyweb - July 1, 2023 Written By Harry Scherzer (CEO at Future Forex) - as published on Cape Business News - July 3, 2023 -

All cross-border transactions must be reported to the South African Reserve Bank (SARB) in accordance with SARB regulations. BoP category codes categorise the type or purpose of the cross-border transaction. i.e. goods, services, imports, etc., enabling the SARB to monitor capital inflows and outflows.

Forex - Regulations > What are the Balance of Payment (BoP) category codes?
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