The exchange rate applicable to manual foreign exchange transactions, to purchase and sale, is fixed to the Euro and other currencies of the Franc Zone. It corresponds to the parity legally established and may not be increased or reduced for any reason whatsoever.
For currencies other than those referred above, the exchange rate at purchase or sale may not be reduced or increased by more than 5% of the daily rate fixed and communicated by the Central Bank. The methods of communicating the daily price are specified by the Central Bank.
Approved intermediaries may charge a manual exchange fee, the rate of which may not exceed 5% excluding tax of the amount of the transaction concerned.
The manual exchange rate includes all expenses relating to the transaction concerned as well as the intermediation margin.
Approved intermediaries shall display in a visible, legible and easily accessible manner to customers the conditions applicable to manual foreign exchange transactions in all their points of sale.
In the event of an overrun of the ceilings referred above, the excess proceeds generated shall automatically be paid back to the Central Bank, without prejudice to the penalties provided for in the currency exchange regulations.
Approved intermediaries shall keep a daily register of the buying and selling prices, the reference price communicated by the Central Bank and the commission rates applied to each manual exchange transaction.