The National Bank of Ethiopia has announced a new directive for Franco Valuta imports, which has been in effect since May 29, 2026.
The directive aims to facilitate trade activities without putting pressure on the country’s foreign exchange reserves and to ensure transparency by closing existing regulatory gaps.
The new procedure makes it mandatory to use the Customs Commission’s "FEMoUS" digital system for all Franco Valuta transactions. Every importer is required to provide valid proof of ownership and evidence of the source of foreign currency for the goods being imported.
According to the table included in the directive, the main documents that users must provide are as follows:
Diplomats and International Organizations: Embassy documentation verified by the Ministry of Foreign Affairs or confirmation from the relevant government office.
Investors and Manufacturing: Investment license and documentation proving the necessity of the goods for their operations.
Ethiopians Returning Permanently: Proof of permanent return and evidence of employment history while abroad.
Religious, Educational, and Professional Institutions: Gift or aid certificates showing that the items are suitable for the intended work.
Personal Gifts and Research Equipment: Supporting documents confirming that the items are used directly for authorized purposes.
First-time Arrivals to Ethiopia: Residence permit (for tax-free entry of personal goods up to $5,000).
Sports and Arts: Reward certification from the awarding body (proving the items are not for commercial purposes).
Export and Trade Samples: Confirmation from the Ministry of Trade and documentation linking the items to the business activity.
Containers and Returnable Packaging: Documents provided for the main cargo serve as supporting evidence.
People with Disabilities: Certification for special equipment verified by the Ministry of Labor and Social Affairs.
Medicines for Health Emergencies: Medical certification (no price limit applies).
Vehicle Spare Parts: Certification limited to the extent and type of damage.
Warranty Replacements: Documentary evidence showing that the items are replacements for lost or damaged goods.
The directive has established strict measures to ensure legal compliance. Providing false information or attempting to bypass the regulatory system will result in financial penalties, confiscation of property, and criminal liability.
Administrative measures, including the revocation of business licenses, may also be taken.
The Bank stated that this new procedure will play a critical role in reducing illegal activities that bypass foreign exchange regulations. Law-abiding traders are called upon to follow these procedures to conduct their business activities without legal complications.
