Notice No. 7/2025, of December 23

PUBLISHED IN THE OFFICIAL GAZETTE, FIRST SERIES, NO. 241 OF DECEMBER 23 NOTICE NO. 07/2025 SUBJECT: FINANCIAL SYSTEM

• Opening of Current Accounts between Banking Financial Institutions Whereas it is necessary to clarify the provisions of Notice No. 01/97, of March 21, on Mandatory Reserves. Considering the mitigation of liquidity and credit risks in subsystems for unilateral fund transfers that settle on a non-real-time balance basis; Taking into account that matters regarding mandatory reserves are already duly regulated in Law No. 24/21, of October 18, the Law of the National Bank of Angola, and in other regulatory instruments; Pursuant to the provisions of paragraphs 1 and 3 of Article 98 of Law No. 24/21, of October 18, the Law of the National Bank of Angola; I HEREBY DETERMINE: Article 1. (Subject Matter) This Notice establishes the requirements that Banking Financial Institutions must comply with in the process of opening current accounts at other Banking Financial Institutions. Article 2. (Scope) This Notice applies to Banking Financial Institutions, as provided for in paragraph 2 of Article 7 of Law No. 14/21, of May 19, the General Regime for Financial Institutions Law. Article 3. (Opening, Operation and Closure of Bank Accounts) The provisions of Notice No. 1/23, of January 30, shall apply, with the necessary adaptations, to the process of opening, operating and closing current bank accounts held by Banking Financial Institutions. Article 4. (Offences) Non-compliance with the provisions established in this Notice is punishable under Law No. 14/21, of May 19, the General Regime for Financial Institutions Law. Article 5. (Questions and Omissions) Questions and omissions arising from the interpretation and application of this Notice are resolved by the National Bank of Angola. Article 6. (Repeal) Notice No. 01/1997, of March 21, on Mandatory Reserves, is hereby repealed. Article 7. (Entry into Force) This Notice enters into force the day following its publication. PUBLISH. Luanda, on December 17, 2025. THE GOVERNOR MANUEL ANTÓNIO TIAGO DIAS