Regulatory Alerts2017-03-26
Instruction No. 04-2017 of March 27, 2017
The Governor of the National Bank of Angola issued Instruction No. 04-2017 to alleviate foreign exchange shortages by temporarily suspending specific provisions of Circular No. 19/12. The directive permits banking financial institutions to settle merchandise import operations for up to 720 days from the date of the Single Document. Any foreign exchange operations exceeding this 720-day threshold remain subject to the licensing requirements of the National Bank of Angola under capital operations regulations.
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