Regulatory Alerts2018-03-19
Circular No. 01/OEP/2018 of January 19 - Models for the Structure of Complete and Simplified Fee Schedules and Filling Instructions
The Bank of Mozambique issued Circular No. 01/OEP/2018 to mandate standardized templates and completion instructions for the complete and simplified fee schedules that financial institutions must publish. The circular requires all regulated entities to adopt the prescribed commission and charge tables covering bank accounts, cards, transfers, and other services, with compliance effective April 30, 2018. Interpretation queries must be directed to the Bank's Payment Systems Department, and the regulations amend previous notices regarding financial service fee regimes.
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