In accordance with Article 21 (9), Article 14 and Article 18 of AML/CFT Act, 2016, All Financial Institutions are required to seek prior approval to bring physical cash in or take out of the Federal Republic of Somalia.
The Financial Institutions are required to send their request 48 hours before the intended date of travel by providing the necessary information in the below form. Once the form is completed and submitted, the Financial Institutions can collect 24 hours later the approval letter from the FRC.