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Sponsored media release

Unauthorized foreign exchange services directed to cease

Nuku'alofa, Tonga

National Reserve Bank of Tonga


Unauthorized Foreign Exchange Services by LWS Trading and RK3 Pacific Tonga Ltd.

15 May 2024: The National Reserve Bank of Tonga (NRBT) wishes to inform the public that LWS Trading and RK3 Pacific Tonga Ltd., operating from Ma’ufanga, have to date, engaged in unauthorized foreign exchange services, in contravention of the Foreign Exchange Control Act 2018 (FEC Act). Providing money transfer services is classified as foreign exchange services, which are legally restricted to Authorized Persons holding a valid license issued by the Reserve Bank, as specified in section 13(1) of the FEC Act 2018.

The individuals responsible for the operations at LWS Trading and RK3 Pacific Tonga Ltd have been directed to immediately cease all unauthorized activities and apply for the requisite license from the Reserve Bank. This matter has also been reported to the Ministry of Police to ensure swift compliance and to facilitate any necessary legal actions.

For Customers Affected by LWS Trading Operations and RK3 Pacific Tonga Ltd.

Customers who have been affected by the activities of LWS Trading and RK3 Pacific Tonga Ltd. are encouraged to contact the Non-Banks Unit through telephone (676) 24 057 or mobile (676) 8701460. NRBT is committed to assisting affected customers in addressing their grievances and providing necessary support during this period. Please reach out to us for assistance and further information.

The Reserve Bank again reminds the members of the public to refrain from transacting with any unauthorized foreign exchange business

For further details please contact: National Reserve Bank of Tonga
Telephone: (676) 24 057;
Mobile : (676) 870 1460;
Fax (676) 24 201;
Email: nrbt [at] reservebank [dot] to;
Private Bag No. 25, Post Office, Nuku’alofa, Tonga
NRBT Building, Salote Road, Nuku’alofa, Kingdom of Tonga, South Pacific.


#7959 Sponsored Public Notice, posted by the National Reserve Bank of Tonga, 16 May -16 June 2024.