What are the cross-border money-movement rules in Mozambique?

In Mozambique: 30% of repatriated export/service/investment-income proceeds must be converted into meticais at the moment of receipt (at the spot rate in force); the exporter keeps the remaining 70% in foreign currency. A mandatory convert-at-market of a portion — distinct in kind from a cede-to-central-bank surrender (WAEMU/CEMAC). Residents must repatriate the foreign-currency proceeds of exports of goods and services and of income from investment abroad within 90 days — counted, for goods, from shipment (Aviso 5/GBM/2024, under Lei n.º 28/2022). A list of capital operations is exempt from prior Bank of Moçambique authorization (a liberalized capital account), including foreign direct investment and outward investment up to an equivalent of USD 1,000,000 per calendar year; operations above or outside the list require authorization under Aviso 3/GBM/2024. Residents may open and operate a foreign-currency account in Moçambique provided they have a proven relationship with abroad (or with a non-resident) generating a foreign-currency flow — notably exporters. A liberalization lever in the FX regime (Aviso 4/GBM/2024 art. 5 c). Information, not advice — verify with the regulator before acting. Rules, not rates: no exchange rate is recorded.

Cross-border money-movement rules — Mozambique

The cross-border money-movement rules for Mozambique — what may move across the border, and under what rule: who may move money (the licensed channel), export-proceeds repatriation, capital controls, cash-declaration thresholds and allowances, remittance-operator scope and investor transfer rights. Each rule is the record as published in the cited official instrument, in its own words, with its source date. Rules, not rates — never an exchange rate.

Repatriation & investor transfers

Rule	The record	Source	Source date
Export-proceeds market-conversion	30% of repatriated export/service/investment-income proceeds must be converted into meticais at the moment of receipt (at the spot rate in force); the exporter keeps the remaining 70% in foreign currency. A mandatory convert-at-market of a portion — distinct in kind from a cede-to-central-bank surrender (WAEMU/CEMAC). (30% converted to meticais at receipt) Verbatim “As receitas de exportação de bens, serviços e de rendimentos de investimento no exterior devem ser convertidas, em moeda nacional, em 30% do valor recebido. 2. A conversão referida no número anterior deve ser efectuada no momento do recebimento, à taxa de câmbio a vista em vigor.”	Aviso n.º 5/GBM/2024, de 21 de Março — Repatriamento e Conversão de Receitas de Exportação de Bens, Serviços e de Rendimentos de Investimento no Exterior (issued under Lei n.º 28/2022)	2024-03-21
Export-proceeds repatriation inward	Residents must repatriate the foreign-currency proceeds of exports of goods and services and of income from investment abroad within 90 days — counted, for goods, from shipment (Aviso 5/GBM/2024, under Lei n.º 28/2022). (within 90 days of export) Verbatim “O repatriamento de receitas de exportação de bens, serviços e de rendimentos de investimento no exterior, por residentes, deve ser efectuado no prazo de 90 dias, a contar: a) do embarque, no caso de exportação”	Aviso n.º 5/GBM/2024, de 21 de Março — Repatriamento e Conversão de Receitas de Exportação de Bens, Serviços e de Rendimentos de Investimento no Exterior (issued under Lei n.º 28/2022)	2024-03-21

Capital controls

Rule	The record	Source	Source date
Outward-capital approval / restriction outward	A list of capital operations is exempt from prior Bank of Moçambique authorization (a liberalized capital account), including foreign direct investment and outward investment up to an equivalent of USD 1,000,000 per calendar year; operations above or outside the list require authorization under Aviso 3/GBM/2024. (USD 1,000,000 per calendar year (outward investment, no prior approval)) Verbatim “Não carecem de autorização do Banco de Moçambique, as seguintes operações de capitais: a) investimento directo estrangeiro; b) investimento no estrangeiro, no valor máximo equivalente a USD 1.000.000,00 (um milhão de dólares dos Estados Unidos da América) por cada ano civil”	Aviso n.º 4/GBM/2024, de 21 de Março — Regime de Liberalização de Operações de Capitais e de Outras Operações Cambiais (issued under Lei n.º 28/2022)	2024-03-21
Resident foreign-currency account	Residents may open and operate a foreign-currency account in Moçambique provided they have a proven relationship with abroad (or with a non-resident) generating a foreign-currency flow — notably exporters. A liberalization lever in the FX regime (Aviso 4/GBM/2024 art. 5 c). Verbatim “abertura de conta em moeda estrangeira, em Moçambique, por residentes, desde que tenham uma relação comprovada com o exterior ou com não residente e, da mesma, resulte fluxo de valores em moeda estrangeira, nomeadamente: i. exportadores”	Aviso n.º 4/GBM/2024, de 21 de Março — Regime de Liberalização de Operações de Capitais e de Outras Operações Cambiais (issued under Lei n.º 28/2022)	2024-03-21

The cross-border rules as published in the cited official instruments, as of each source's date — not legal or compliance advice. Rules, not rates: Afriset records the rules of cross-border money movement (windows, thresholds, allowances, channel and approval requirements), never a currency or exchange rate. A "documented absence" is a sourced finding that no such rule exists (e.g. a repealed exchange-control regime), true as of the source read — regimes can change, so verify current status with the regulator before acting.

Compare across markets

Licence registers for Mozambique

Who's licensed, and what it takes, per licence category in Mozambique.