Regulatory Alerts2020-01-01
Extension of Measures Taken During the COVID-19 Period
The Bank of Zambia extends critical digital financial services measures to address the ongoing COVID-19 pandemic. The circular requires a continued waiver of charges for person-to-person electronic money transfers up to K150.00 until at least end-August 2020, alongside sustained promotion of digital banking channels. Service providers must maintain these initiatives and follow Ministry of Health guidelines to ensure continued industry collaboration.
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