Legal Insight

New procedures for foreign exchange operations by invidivuals


BNA Order No. 10/2019, of 6 November 2019 (the "Order") was recently published on November 6th.
It establishes the new rules and procedures to be followed for the conduct of foreign exchange operations by individuals. The National Bank of Angola just made the process of purchasing foreign currency by citizens more flexible and agile, envisaging the quicker settlement of foreign exchange operations.


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