Regulatory Alerts2025-03-24
Instruction No. 01/2025 of March 21
The National Bank of Angola issued Instruction No. 01/2025 to standardize deposit and withdrawal procedures for Kwanza banknotes and metal coins across Banking Financial Institutions. The directive mandates 24-hour pre-notifications via a digital portal, specifies operating hours and minimum packaging requirements for fit, unfit, and deteriorated currency, and establishes strict labeling, sealing, and financial reconciliation protocols through the Real-Time Payment System. It supersedes prior instructions, applies to Luanda's regional and central operations, and takes effect thirty days after publication.
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