Circular No. 04/EFI/2025, December 19 – Amendment to Circular No. 01/EFI/2020, March 23 – Procedures for Reporting Foreign Payment Operations with Bank Cards

Bank of Mozambique Administration

CIRCULAR NO. 04/EFI/2025 MAPUTO, DECEMBER 19, 2025

SUBJECT: AMENDMENT TO CIRCULAR NO. 01/EFI/2020, OF MARCH 23 – PROCEDURES FOR REPORTING INFORMATION ON FOREIGN PAYMENT OPERATIONS WITH BANK CARDS

The entry into force of Notice No. 09/GBM/2025, dated December 2, which establishes limits on foreign payments using bank cards, necessitates updating the reporting instructions for foreign exchange operations carried out with this payment instrument, specifically regarding the type of information, frequency, submission mechanism, and reporting model.

Accordingly, under paragraph 2 of Article 11 of Law No. 28/2022, dated December 29 (Foreign Exchange Law), combined with Article 8 of Notice No. 09/GBM/2025, dated December 9, the Bank of Mozambique determines:

1. Item 4 of the table in paragraph 1 of Circular No. 01/EFI/2020, dated March 23, is amended to read as follows:

NO.	Nature of Information	Frequency	Submission Mechanism	Reporting Model
4	Foreign payment operations, including withdrawals, carried out using bank cards issued by domestic banks on terminals (ATM, POS, or website gateways - Internet) of foreign banks.	Daily	Bank Supervision Application (BSA)	Annex Table C

2. Item 10 is added to the table in paragraph 1 of Circular No. 01/EFI/2020, dated March 23, reading as follows:

NO.	Nature of Information	Frequency	Submission Mechanism	Reporting Model
10	Bank cards blocked for foreign payments.	Daily	Bank Supervision Application (BSA)	Annex Table I

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Bank of Mozambique Administration

3. The templates for Annex Tables C and I, along with their respective completion instructions, are contained in Annexes 1 and 2 of this Circular, which form an integral part thereof.
4. Information reported in the Annex C table must include only operations settled on the reporting day, regardless of the transaction date.
5. For transactions made with pre-paid cards and reported in the Annex C table, the account number and NIB fields are not mandatory.
6. Questions regarding the interpretation and application of this Circular must be submitted to the Foreign Exchange Licensing and Control Department of the Bank of Mozambique via electronic mail at DI.C_Mail@bancomoc.mz.
7. This Circular enters into force on December 22, 2025.

Gertrudes Adolfo Macueve Tovela Administrator

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ANNEX 1

Annex 1, Circular No. xx/EFI/2025 REPORTING TABLE FOR PAYMENTS MADE USING BANK CARDS ISSUED BY DOMESTIC BANKS ON FOREIGN BANK TERMINALS

Institution Code:
Economic Year:
Start Date:
End Date:

NUIB	Card Number	Card Type	Account Number	NIB	NUIT	Cardholder Name	Terminal Type	Terminal Detail	Payment Network	Terminal Country	Transaction Currency	Amount in Foreign Currency	Amount in USD	Amount in National Currency	Transaction Date	Settlement Date

LEGEND

FIELD	DESCRIPTION
NUIB	Unique Bank Identification Number of the client.
Card Number	Client identification number assigned by the bank.
Card Type	Indication of card type, according to the list (drop list): CREDIT, DEBIT or PRE-PAID.
Account Number	Account identification number assigned by the bank.
NIB	Bank Identification Number.
NUIT	Unique Tax Identification Number.
Cardholder Name	Account holder's name.
Terminal Type	Indication of terminal type where the card transaction was recorded, according to the list (drop list): ATM, POS or INTERNET.
Terminal Detail	Description or name of the terminal where the operation was performed.
Payment Network	Indication of the card's payment network, according to the list (drop list): VISA, MASTER CARD, AMERICAN EXPRESS, among others.

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FIELD	DESCRIPTION
Terminal Country	Indication of the issuing bank's country name.
Transaction Currency	Indication of the currency code for the import value, according to the list (drop list).
Amount in Foreign Currency	Indication of the amount paid in foreign currency.
Amount in National Currency	Indication of the corresponding equivalent in meticais.
Transaction Date	Date of operation execution, in yyyy-mm-dd format.
Settlement Date	Date of operation settlement, in yyyy-mm-dd format.
Reporting Frequency:	DAILY – Until 12:00 hours on the day following the transaction date.

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ANNEX 2

Annex 2, Circular No. xx/EFI/2025 TABLE OF BANK CARDS BLOCKED FOR FOREIGN PAYMENTS

Institution Code:
Economic Year:
Start Date:
End Date:

NUIB	Card Number	Card Validity	Card Type	Account Number	NIB	NUIT	Cardholder Name	Date	Action	Reason

LEGEND

FIELD	DESCRIPTION
NUIB	Unique Bank Identification Number of the client.
Card Number	Card identification number assigned by the bank.
Card Validity	Card expiry date, in yyyy-mm-dd format.
Card Type	Indication of card type, according to the list (drop list): CREDIT, DEBIT or PRE-PAID.
Account Number	Account identification number assigned by the bank.
NIB	Bank Identification Number.
NUIT	Unique Tax Identification Number.
Cardholder Name	Account holder's name.
Date	Action date, in yyyy-mm-dd format.
Action	Description of the action taken by the bank (drop list): Block or Unblock.
Reason	Description of the reason (drop list): Reached annual foreign payment limit / Merchandise imports for commercial purposes / Suspicion of Money Laundering / Suspicion of illicit capital export

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