Ver Angola

Banking and Insurance

Cash withdrawal value increases to 100,000 kwanzas from Friday

As of the 7th of January, and as already announced by the National Bank of Angola (BNA), ATMs – also known as ATMs – will make available 100 thousand kwanzas as a maximum withdrawal amount, instead of the usual 60 thousand. kwanzas.

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The cumulative value between ATMs and Automatic Payment Terminals (TPA) is fixed at 150 thousand kwanzas.

The maximum amount for transfers initiated by card is now five million kwanzas per payment card, according to Angop.

Another of the changes imposed by the regulator determines that, as of this year 2022, the maximum daily value of transactions in the Multicaixa Network will be 19 million, 999 thousand, 999 kwanzas and 99 cents.

The maximum amount per payment transaction for the Ministry of Finance and the National Institute of Social Security is subject to the limit of 99,999,999.99 kwanzas.

The maximum daily value of purchases in Automatic Payment Terminals (APT) per payment card is also set at 10,000,000.00 kwanzas.

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