Press Release No. : 13/2023

Date : 29 August 2023

Reserve Bank Cancels Restricted Foreign Exchange Dealer Licence

The Reserve Bank of Fiji (RBF) wishes to advise that Unimoni Pte Limited’s licence to act as a Restricted Foreign Exchange Dealer (Category B) has been cancelled in line with the business decision of the company, to exit the Fiji market. Unimoni Pte Limited, which has been in operation in Fiji since 2005, has ceased operation from 11 August 2023.

Unimoni Pte Limited is no longer permitted to act as an authorised restricted foreign exchange dealer, including transactions relating to the following:

1. Sale, purchase and repatriation of traveller’s cheques and foreign currency notes;
2. The remittance of proceeds of repatriated Fiji currency notes;
3. The issue of bank drafts;
4. The use of telegraphic or electronic transfers for payment and receipt of funds; and
5. Any other type of transaction that was approved by the Reserve Bank of Fiji for Unimoni Pte as an authorised restricted foreign exchange dealer.

Members of the public are cautioned against doing business with unlicensed dealers. An updated list of all licenced restricted foreign exchange dealers can be found on the RBF website at: Licensing – Reserve Bank of Fiji (rbf.gov.fj)

For further details, please contact: –

Communications Office
Telephone: (679) 3223 381 Email: info@rbf.gov.fj

Mr Mervin Singh – Manager Corporate Communications
Telephone: (679) 3223 229 Email: mervin@rbf.gov.fj