The 60-second version
Solomon Islands has no stock exchange — expats close bank custody or offshore fund folios, wire AUD/USD to NRE, and disclose in Schedule FA.
No local exchange — forestry payroll and custody often share BSP account
Solomon Islands does not operate a listed exchange — investment accounts are bank custody or offshore AUD fund folios.
Redeem holdings and obtain custody termination before closing linked SBD/AUD bank account.
Bank lane: Solomon bank guide after custody zero.
Solomon custody wind-down
| Account | Currency | Step |
|---|---|---|
| BSP custody | SBD/AUD | Redeem + close |
| ANZ custody | AUD | Termination letter |
| Offshore fund | AUD | Redeem units |
| NRE | INR/USD | SWIFT receipt |
Closure
Inventory
List holdings.
Redeem
Sell funds/bonds.
Tax stmt
Bank summary.
AUD wire
SWIFT to NRE.
Schedule FA
Last FY asset.
Flow
Solomon custody kit
- Holding stmt.
- Redemption confirms.
- Closure letter.
- SWIFT.
- IRD clearance.
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ASX parallel
Many Honiara contracts invest via Australian brokers — close ASX/CDP separately.
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Local exchange?
No — custody at BSP/ANZ 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 Solomon bank guide.
Australia broker?
Australian brokerage guide for ASX holdings.
PNG parallel?
PNG tax guide if also worked Port Moresby.
Your NRE account redesignation has a deadline.
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