Regulatory Alerts2014-08-07
Notice No. 03/2014, of August 7
The National Bank of Angola, via Governor José de Lima Massano, issued Notice No. 03/2014 to amend the maximum threshold for advance foreign exchange payments on imported, exported, and re-exported goods. This regulatory change increases flexibility for economic agents by permitting advance payments up to 30,000,000 kwanzas (Kz) per transaction. The amended provision modifies Article 11 of Notice No. 19/2012 and takes effect immediately upon publication on August 7, 2014.
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