Regulatory Alerts2012-08-30
Notice No. 27/2012 of August 30
Banco Nacional de Angola issued Notice No. 27/2012 to establish and govern the tariff schedule for its Real-Time Payments System (SPTR), outlining cost-recovery objectives, fee structures, and settlement principles. The regulation mandates fixed membership and participation fees while encouraging the prompt settlement of MT 102, MT 103, and MT 202 messages and discouraging the use of SPTR for operations eligible for the Credit Transfer Subsystem. It grants the central bank authority to amend tariffs following prior consultation with participants and establishes its Payments System Department as the final arbiter for any ambiguities or omissions.
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