The Central Bank of Aruba has issued a public notice announcing a further liberalisation of capital movements by introducing a general foreign exchange licence for all incoming transfers by residents from their foreign bank accounts and foreign current-account relationships, effective 1 June 2025. The existing decision on transfers to and from registered foreign bank accounts and current-account relationships is being revised so that, from 1 June 2025, it will apply only to outgoing transfers to registered foreign bank accounts and current-account relationships made from a local foreign exchange bank.
Central Bank of Aruba 2025-05-27
Central Bank of Aruba liberalises capital movements by granting a general foreign exchange licence for residents’ incoming transfers from 1 June 2025
The Central Bank of Aruba announced the liberalisation of capital movements by introducing a general foreign exchange licence for all incoming transfers by residents from foreign bank accounts, effective 1 June 2025. The revised policy will limit the existing decision to outgoing transfers to registered foreign bank accounts from local foreign exchange banks.