Regulatory Alerts2008-09-02
Regulation (NAP) - Procedural Regulation for Dobra Banknote Deposits
The Central Bank of São Tomé and Príncipe issued this Permanent Application Regulation to standardize the compilation, verification, and recording procedures for Dobra banknote deposits by commercial financial institutions. The regulation mandates strict sorting criteria, defines bundle and thousand formations, and establishes automatic credit or debit adjustments for counting discrepancies. Non-compliance with these procedural requirements results in the mandatory return of deposited amounts, ensuring precise control and harmonized operations within the National Financial System.
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