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banking as an expat in the DRC


#1  2011-03-30 02:19:24

Ngozii
New member
From: Toronto
Registered: 2011-03-30
Posts: 1

banking as an expat in the DRC

Help!!!

Assignment Due in class on the DRC and expats. I know it's last minute but ANY HELP is so
appreciated.

I need to know about banking as an expat in the DRC, where I can bank, in what currency, restrictions on amounts I can transfer into the country and foreign exchange holdings.

Please Help!




 
 
 
 

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#2  2011-03-30 08:35:57

Christine
Administrator
Christine
From: grand baie
Registered: 2008-09-29
Posts: 23507

Re: banking as an expat in the DRC

Hi Ngozii,

Welcome on Expat-blog!

Your topic has been introduced as a new thread on the Democratic Republic of Congo forum for greater visibility.

Wish you good luck.
Christine




 
 
 
 

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#3  2011-04-16 21:42:53

nurulfitri
Active member
nurulfitri
From: Kinshasa
Registered: 2010-07-03
Posts: 31

Re: banking as an expat in the DRC

Hi Ngozi,
I will try my best to give information about banking system in DRC.
DRC has its own currency called Franco. However, for buying and selling activities, people also use US Dollar as the currency. There are many foreign banks in DRC. Trust Merchant bank (TMB) which still has relation with Citi Bank, Rawbank, Bank of Africa, BIAC, and many more. For me, I use TMB as my account. And I also use their service to transfer money to my country. Using this bank is cheaper than using the Western Union.
I wish it can help you..




 
 
 

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