The 60-second version
Palau has no stock exchange — expats close bank custody or offshore fund folios, wire USD to NRE, and disclose in Schedule FA.
No local exchange — Koror custody often shares Bank of Hawaii Palau account
Palau does not operate a listed exchange — investment accounts are bank custody or offshore USD fund folios.
Redeem holdings and obtain custody termination before closing linked USD bank account.
Bank lane: Palau bank guide after custody zero.
Palau custody wind-down
| Account | Currency | Step |
|---|---|---|
| Bank of Hawaii Palau | USD | Redeem + close |
| ANZ Palau | USD | Termination letter |
| ASX broker | AUD | Redeem units |
| NRE | INR/USD | SWIFT receipt |
Closure
Inventory
List holdings.
Redeem
Sell funds/bonds.
Tax stmt
Bank summary.
USD wire
SWIFT to NRE.
Schedule FA
Last FY asset.
Flow
Palau custody kit
- Holding stmt.
- Redemption confirms.
- Closure letter.
- SWIFT.
- Tax clearance.
Need help with Banking?
Share your blocker in one line. Our experts will reply with practical next steps.
ASX parallel
Many Koror contracts invest via Australian brokers — close ASX/CDP separately.
Quick visual
Animated decision map
Community signal
What to watch in real discussions
Search community threads for the exact phrase, then treat repeated complaints as risk signals rather than official advice.
Open nofollow community search ->Interactive checkpoint
Turn this guide into a decision file
0 of 4 checked
Local exchange?
No — custody at bank or offshore broker.
Schedule FA?
Declare foreign financial asset in last FY held.
FBAR?
US person — FinCEN 114 if aggregate > USD 10K.
vs bank?
Close bank after custody zero — see Palau bank guide.
Australia broker?
Australian brokerage guide for ASX holdings.
Neighbour?
moving-back-to-india-from-palau-tax-residency-guide for Pacific tax exit.
Your NRE account redesignation has a deadline.
Banks don't remind you. You need the right account stack before salary, rent, and EMIs start moving. Get the exact sequence.