Central Bank defines rules for financial institutions operation

Luanda – The National Bank of Angola (BNA) on Friday, instructed financial institutions to secure normal services supply, such as deposit of money, cash withdrawal and domestic and international transfers as well as the issuance of the customers’ account statements.

According to a note from the BNA that reached ANGOP on Friday, financial institutions should also accept documents whose validity expires during the period of the State of Emergency or 30 days prior or after that period.

It also states that the facilities need to comply with health safety measures recommended by the Health Ministry.

BNA has also instructed the full and regular operation of ATM machines and payment terminals, POS, throughout the national network.

As regards the provision of remittance services and the receipt of cash, the institutions authorised for this purpose must ensure that these services are maintained.

Financial institutions may also accept bank transfers that meets requirements of the regulations on combating and preventing money laundering and terrorist financing.

During the State of Emergency that the country is observing since the early hours of March 27, BNA will secure that complaints, requests for clarifications and denunciations are handled regularly through its usual channels.

It will continue to guarantee activities regarding liquidity facilities, deposit services, as well as cash withdrawals at central level and regional offices.

Source: Angola Press News Agency

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