Definition
A historical foreign exchange control document (now largely electronic) required by the South African Reserve Bank for export proceeds. Exporters must ensure that foreign currency earned on exports is repatriated to South Africa within the prescribed period, and the F178 (or its electronic equivalent) tracks this obligation.
Frequently asked questions
What is Form F178?
A historical foreign exchange control document (now largely electronic) required by the South African Reserve Bank for export proceeds. Exporters must ensure that foreign currency earned on exports is repatriated to South Africa within the prescribed period, and the F178 (or its electronic equivalent) tracks this obligation.
Which glossary terms are related to Form F178?
Form F178 is a regional trade term in the South African import/export industry. Related terms in the same area include AfCFTA Tariff Phase-Down, AGOA (African Growth and Opportunity Act), CBAM (Carbon Border Adjustment Mechanism), Certificate of Origin, COMESA (Common Market for Eastern and Southern Africa) — each has its own plain-English definition in the TradeCaravan glossary.