Afriset Fintech

Foreign Exchange Bureau and Money Transfer — Lesotho

The Lesotho category mapped to cross-border remittance.

Regulator: Central Bank of Lesotho.

The « Foreign Exchange Bureau and Money Transfer » category of the CBL WordPress Business Directory register. Mapped to REMITTANCE_XBORDER per the Financial Institutions (Money Transfer) Regulations, 2014 — both current listings carry the register's own per-entity « (Foreign Exchange & Money Transfer) » scope (money-transfer authority is stated, not inferred; the ZA ADLA-Category-3 precedent). The category conflates the FX-bureau lane (out of the 4-activity universe) with money transfer (in universe); it is mapped for the money-transfer authority the register attributes to each entity. Name-keyed. ICP: Mukuru Bureau De Change → grp:mukuru (a register-printed multi-market group light-up; Interchange is a CMA-wide bureau name but no grp: exists → HELD, ADR-057).

Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-04 · changed 2026-08-04.

Licensed providers

2 entities
# Provider Status (as reported) Source Source date
1 Interchange (Pty) Ltd licensed Central Bank of Lesotho not dated
2 Mukuru Bureau De Change (Pty) Ltd licensed Central Bank of Lesotho not dated

Reading the tables

not dated
— the official source publishes no date of its own. We show our own last-checked date instead of inventing one for the regulator.

Licence requirements

What it takes to hold this licence, as stated in the cited official instruments. Capital and fees are shown in the currency the statute itself uses.

Requirement As published Source Source date
Minimum capital No such requirement: The Financial Institutions (Money Transfer) Regulations, 2014 publish no minimum-capital figure for a money-transfer business — the application asks for a "Proposed Capital Structure" without a statutory floor. A genuine structural absence. Financial Institutions (Money Transfer) Regulations, 2014 (LN No. 14 of 2014) — Schedule IV (fees) 2014-02-24
Local presence / incorporation A value has been located but not yet verified, so we don't publish it here.
Timeline No such requirement: The 2014 Regulations publish no statutory regulator decision window for a money-transfer licence application. Financial Institutions (Money Transfer) Regulations, 2014 (LN No. 14 of 2014) — Schedule IV (fees) 2014-02-24
Local ownership No such requirement: The 2014 Regulations impose no local-shareholding or nationality cap on a money-transfer business. Financial Institutions (Money Transfer) Regulations, 2014 (LN No. 14 of 2014) — Schedule IV (fees) 2014-02-24
Fees
Investigation fee M500; Registration fee M500; Licence fee M1000; Renewal fee M1000; Branch-opening fee M1000 (Schedule IV, Money Transfer Business).
Verbatim
“Money M 500.00 M 500.00 M 1000.00 M 1000.00 M 1000.00 Transfer Business”
Financial Institutions (Money Transfer) Regulations, 2014 (LN No. 14 of 2014) — Schedule IV (fees) 2014-02-24
Ongoing obligations A value has been located but not yet verified, so we don't publish it here.

Requirements as published in the cited instruments — not legal or compliance advice. Where a value is located but not yet verified, we show that it exists but don't publish the figure. Verify directly with the regulator.

The equivalent in other markets

Categories mapped to the same normalized activity — fintech:REMITTANCE_XBORDER: