Forex trading is legal in Gabon and operates under the comprehensive regulatory framework of the Central African Economic and Monetary Community. The Bank of Central African States conducts CEMAC's exchange rate policy, drawing up rules relating to implementation and ensuring economic agents comply with exchange regulations in collaboration with the Ministry in charge of currency and credit (1). Gabon is a member of CEMAC alongside Cameroon, Central African Republic, Chad, Republic of Congo, and Equatorial Guinea, sharing the CFA Franc currency pegged to the Euro (2).
CEMAC regulations require banks to record and report the identity of customers engaging in large transactions, with financial institutions maintaining records for five years. A Gabonese law passed in July 2005 requires documentation for any foreign exchange transaction over one million Central African Francs, approximately USD 2,000 for individuals, or five million CFA, approximately USD 10,000 for companies (2). The BEAC monitors compliance of external transactions with foreign exchange regulations through on-the-spot and documentary checks, with assistance from COBAC and the Ministry in charge of currency and credit (1).
"CEMAC regulations require banks to record and report the identity of customers engaging in large transactions. Additionally, financial institutions must maintain records of large transactions for five years."
Credit institutions serve as approved intermediaries responsible for ensuring external transactions comply with foreign exchange regulations before execution. The BEAC identifies exchange rate violations and imposes administrative sanctions on offending economic agents, coordinating with the Ministry in charge of currency and credit (1). All transactions must comply with regulations on prevention of money laundering, terrorist financing, and proliferation, with both BEAC and the Ministry of Finance authorized to determine breaches and impose sanctions (2).
Source:
https://www.beac.int/wp-content/uploads/2020/06/REGULATION_compressed.pdf
https://www.privacyshield.gov/ps/article?id=Gabon-Foreign-Exchange-Controls
Last updated: 15-10-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
