Regulatory Alerts2015-04-20
Notice 08-2015 of April 20, 2015 - Angola Payment System: Gross and Real-Time Transfers
The Bank of Angola issued Notice 08-2015 to mandate the gross settlement of interbank fund transfers within the Real-Time Gross Settlement System (SPTR). This requirement applies to all individual interbank transfers destined for bank clients that meet or exceed the threshold defined in specific regulations. The notice explicitly excludes checks from this mandate and establishes a five-day entry into force period following its publication.
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