Angola - Opening and operation of accounts by non-residents for exchange purposes

Order no. 2/17 of 3 February 2017 establishes new rules on the opening and operation of deposit accounts at Angolan banks held by those who are non-residents for exchange purposes. The Order applies to accounts of non-residents for exchange purposes in Angolan currency or in a foreign currency. It also applies to the foreign currency accounts of residents for exchange purposes that exclusively hold funds coming from foreign banks.