Exchange Permit : A government permit sometimes required by the importer's government. It enables the import firm to convert its own country's currency into foreign currency with which to pay a seller in another country
Ulster Bank (Business/Products/International-Banking), Guide to International Business, Glossary of Terms, Belfast, Northern Ireland 2012. http://www.ulsterbank.com/ni/business/products/int ernational-banking/guide-to-international-business /glossary-of-terms.ashx, (Mrtm/ Int Biz and Banking - Brit) {540}