ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage



Home » News » Economy

Wed, 10 Jul 2019 13:17 - Updated Wed, 10 Jul 2019 13:17

National Bank of Angola fixes limits in country's payment systems

Luanda - The National Bank of Angola (BNA) has determined limits in the amount that can be transitioned in payment systems all over the country, ANGOP learnt from a document the Central Bank issued on July 5.

Send by email

To share this news by email, fill out the information below and click Send


To report errors in the texts of articles published, fill out the information below and click Send

National Bank of Angola (BNA) head-office (luanda).

Photo: Francisco Miudo

The maximum amount stipulated for normalized cheque issuance has been fixed at 9.9 million of kwanzas, while the maximum sum per day that can be transitioned at Automated Teller Machine (ATM) is of 50,000 kwanzas.

Therefore, the highest value for purchase paid by ATM system has been fixed at 6 million of kwanzas.

In the meantime, the highest value to be transferred under the Credit Transfer System (STC) is of 20 million of kwanzas.

The legal tool also sets the amount of 20 million kwanzas as the highest value to be transitioned in the Direct Debt System (SDD).

The new rules are addressed for financial institutions under BNA’s supervision. Non compliance with them will incur in sanctions as contained in the payment system law.

Tags Banca   Economy  

Read also
  • 09/07/2019 17:38:27

    Angola at 6th meeting of ADPA ministers in Windhoek

    Luanda - An Angolan delegation led by the Secretary of State for Geology and Mines, Jânio Corrêa Víctor, will participate in the 6th meeting of the Council of Ministers of the African Diamond Producers Association (ADPA) in Windhoek, Namibia.

  • 09/07/2019 14:51:59

    Minister of State opens Luanda International Fair 2019

    Luanda - The 35th edition of the International Fair of Luanda (FILDA) opened its doors this Tuesday, in the Special Economic Zone (ZEE) of Luanda / Bengo, after the symbolic cut of the ribbon by the Minister of State for Economic Development, Manuel Nunes Júnior.

  • 09/07/2019 11:56:06

    IFC loans USD 100 million to Millennium Atlântico bank

    Luanda - The International Finance Corporation (IFC) loaned on Monday USD 100 million to Angola's Millennium Atlântico bank.