Regulatory Alerts2014-12-01
Notice No. 08/2014 of December 1, 2014 on Monetary Circulation - New Kwanza Family
The National Bank of Angola issued Notice No. 08/2014 to mandate the withdrawal of the 1999 Kwanza banknote series and replace it with the 2012 series. The 1999 series will cease to have legal tender status on January 1, 2015, after which holders may deposit them into commercial bank accounts until June 30, 2015. Between July 1, 2015, and December 31, 2019, the National Bank of Angola and authorized commercial banks will exchange the withdrawn notes free of charge at their headquarters, regional delegations, and designated branches.
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