The importation and exportation of currency in and out of Zimbabwe is governed by the Reserve Bank of Zimbabwe (RBZ) in terms of the Exchange Control Act [Chapter 22:05] as read with Exchange Control Regulations Statutory Instrument 109 of 1996 as read with Statutory Instrument 166 of 2024.

IMPORTATION

The importation of any currency into Zimbabwe by travellers is not restricted. This implies that any person can bring in any amount of currency into Zimbabwe. Travellers are urged to complete an original Customs declaration (form 47) showing the amount of currency imported at the time of entry into the country.

The processed declaration form maybe used:

  • To support re-export of excess currency when leaving Zimbabwe
  • For acquittal of C.D.1 forms for exporters
  • As proof of source of funds when required

 EXPORTATION

The exportation of currency from Zimbabwe is restricted.

Following the Exchange Control (General) (Amendment) Order, 2024, the RBZ has revised the export limit without authorization from USD10,000 to USD2,000 or equivalent in foreign currency; and in local currency from an equivalent of USD1,000 to USD2,000.

Non-Zimbabwean Residents:

  • who have currencies above allowable threshold may be allowed to export the amount equal to or the balance of the currencies they declared upon arrival.

Zimbabwean Residents:

  • Require authorization from the RBZ to export currency above the threshold. In the event that the traveller does not have such an authorisation, no exportation maybe allowed regardless of the fact the currency was declared upon arrival.

All travellers leaving Zimbabwe are urged to strictly adhere to the limits. Any excess currency found in possession of travellers without authority shall be seized and may be forfeited to the State.

Disclaimer

This article was compiled by the Zimbabwe Revenue Authority for information purposes only. ZIMRA shall not accept responsibility for loss or damage arising from use of material in this article and no liability will attach to the Zimbabwe Revenue Authority, (ZIMRA).