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Pursuant to the powers vested upon the Central Bank of Solomon Islands (CBSI) under Section * of Exchange Control Act, *, and Section * of the Exchange Control Regulation, *, this notice serves to inform the general public on the mandatory compliance requirement for operating foreign exchange dealers, money transfers service and money changer service business in Solomon Islands. CBSI has noted that a number of individuals and businesses has ventured into Money Changer Service (MCS)Business without the approval from CBSI – this is a serious breach to the CBSI legal framework for MCS business operation. All individuals and businesses wishing to operate FX dealing and Money Changers service must apply to CBSI for the MCS License before operating FX exchange service in Solomon Islands. As such CBSI Notifies the general public that the following authorized foreign exchange dealers are licensed by the Central Bank to deal in foreign exchange. *. Authorized Dealers (Commercial Banks) i. Australia & New Zealand Banking Group Limited ii. Bank of South Pacific Limited iii. Pan Oceanic Bank Limited iv. BRED Bank Solomon *. Authorized Restricted Foreign Exchange Dealers – Money Transfers i. Bank South Pacific – Western Union Agent ii. Bank South Pacific – Money Gram Intl Agent iii. Fexco (SI) Limited T/A NO:* Currency, P O Box *, Point Cruz, Kukum & Capital Park, Honiara. Sub Agents: • Auki, Munda & Gizo Flagship • Le Pharmacy, NPF Food Court, Honiara • Tuna Trust Credit Union, Noro, Western Province iv. Solomon Postal Corporation Ltd, P O Box *, Honiara – Money Gram Agent, Honiara, Solomon Islands v. RIA Money Transfer Service: C/-P O Box *, Honiara. Sub Agents: • Cathliro Commodities Development Ltd – China Town, Honiara • Shaenkola Shell Money Shop – China Town, Honiara • R & A Ltd – Turu Value Building, Honiara • Low Price Enterprise Ltd- Point Cruz, Honiara • Pacific Crest Enterprise Ltd – Ranadi, Honiara • Sol Summer Shop – Henderson Court Building, Honiara • Everise Pvt Ltd – Capital Park, Honiara vi. ACCountplan Ltd, P O Box *, Honiara - Freedom Pacific Agent *. Authorized Money Changers i. Pacific Casino Hotel Limited & Supreme Casino, Kukum, Honiara ii. Solomon Kitano Mendana Hotel, Honiara iii. Heritage Park Hotel Limited, Honiara iv. Solomon Resorts Limited/ King Solomon Hotel, Honiara v. Solomon Postal Corporation, Henderson Airport, Point Cruz Office, Panatina Plaza, SI Postal Provincial Offices. vi. Fexco SI Limited, Point Cruz, Kukum, Capital Park, Provincial Flagships (Auki, Gizo, Munda) vii. SI Terminal Services, Henderson Airport, Honiara viii. Honiara Currency Exchange, Bulk Shop, Honiara ix. Real Solution Management Ltd, Rax Boy Area, Honiara The operations of Authorized Restricted Foreign Exchange Dealers and Money Changers are limited in the amounts and types of transactions that could be carried out. Any other companies found facilitating FX transaction Without FX Dealers Licenses are in breach and will be severely penalized under the Exchange Control Act and Regulations.

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