Importers do not need to obtain RBM approval to place international orders or to pay for imports. During periods of scarcity investors may not have immediate access to foreign exchange. Hard-currency Balance of Payment assistance inflows from donor countries also affect the availability of foreign exchange. General Financing Availability 96. Kwacha-denominated financing is available from Malawi's commercial institutions.
Credit is allocated on market terms, and foreign investors are eligible to apply for it.
Proceeds from any investment using local resources, however, are not remittable. Imports into Malawi are financed primarily through secured letters of credit. Export Financing and Insurance 98. Project Financing Available 99. Malawi Banks and Corresponding U.S.-Based Banking Arrangements 100.