Regulatory Alerts2025-08-08
Directive No. 08, of August 4, 2025
The National Bank of Angola, through its Payments Systems Department, establishes value-based criteria for the mandatory adherence and participation of financial institutions in the KWiK payment arrangement. Institutions must meet at least one threshold: a monthly average stored electronic money balance of Kz 1 billion, a monthly average transaction value of Kz 10 billion, or one million active customer accounts. This Directive enters into force upon publication and grants the National Bank of Angola authority to resolve any interpretive doubts or omissions.
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