Regulatory Alerts2025-01-01
Calendar for Submission of Monthly Money Receipt and Remittance Returns Under the Electronic BoP Monitoring System
The Bank of Zambia mandates all commercial banks to electronically submit monthly Money Receipts and Remittances Returns via the e-BoP system by fixed 2025 deadlines. Money Receipts and Remittances Transactions continue to be processed by close of business on T+2, while the new calendar assigns specific submission dates from February 10 to January 9. Failure to submit complete and accurate returns on time will trigger a daily penalty of K500 until corrected.
[Logo: Bank of Zambia]
Bank of Zambia OFFICE OF THE DEPUTY GOVERNOR - OPERATIONS
BOZ/EXEC/DG/stat/bp
January 8, 2025
CB Circular No. : 02/2025
To : All Heads of Commercial Bank
CALENDAR FOR SUBMISSION OF MONTHLY MONEY RECEIPT AND REMITTANCE RETURNS UNDER THE ELECTRONIC BALANCE OF PAYMENTS MONITORING SYSTEM
Further to CB Circular No. 09/2019 of October 23, 2019, please be informed that the due dates for submission of complete monthly Money Receipts and Remittances Returns (MRRR) under the electronic balance of payment (e-BoP) monitoring system to the Bank of Zambia for 2025 are as follows:
| Month | Due Date |
|---|---|
| January | 10 February 2025 |
| February | 10 March 2025 |
| March | 8 April 2025 |
| April | 9 May 2025 |
| May | 9 June 2025 |
| June | 10 July 2025 |
| July | 11 August 2025 |
| August | 8 September 2025 |
| September | 8 October 2025 |
| October | 10 November 2025 |
| November | 8 December 2024 |
| December | 9 January 2026 |
The MRRR should be submitted to the Bank of Zambia electronically using the e-BoP monitoring system by the set due dates, while Money Receipts and Remittances Transactions (MRRT) will continue to be submitted by the close of business (T+2). Failure to comply with these requirements will attract a penalty of K500 per day for delayed submissions, incorrect returns or incomplete returns until the transactions are corrected or submitted.
Kindly be advised accordingly.
[Signature]
Francis Chipimo (PhD) DEPUTY GOVERNOR
cc Governor Director – Statistics Director – Prudential Supervision
Bank Square, Cairo Road, P.O. Box 30080, Lusaka, Zambia Tel:+260-211-399303, 399300, E-mail: dgo@boz.zm. Web: http://www.boz.zm