BCV
Grade D
Central Bank of Venezuela · Venezuela · Official register
License facts
What it takes to hold this license, from the TrustFinance regulator database.
Time to obtain
3-4 Weeks
typical licensing process
TrustFinance grade
of A to D
Requirements to get licensed
Main requirements
- Company's articles of incorporation and founding materials.
- Detailed business plan with key operating assets, market strategies, financial estimates, and risk management measures.
- Risk control plan and detailed AML/CFT compliance materials.
- Photocopies of passport details and residence registration documents for shareholders, management, and key personnel.
- Professional references demonstrating experience in foreign exchange operations.
- Criminal record-free identification for key individuals.
- Payment of a license fee, submission of proof of identity and residency, bank and professional references, resume, and passing a criminal background check.
About this regulator
The Central Bank of Venezuela is the country's monetary authority, responsible for formulating and implementing monetary policy, including currency issuance and inflation control. It plays a critical role in maintaining financial stability, managing the nation's foreign reserves, and ensuring the proper functioning of the banking system to support economic growth and development in Venezuela.
Companies holding this license
Companies on record, each linking to its verification page.