Angola: Electronic Currency Accounts

By way of Order 4/25, of 22 August 2025, the Angolan Central Bank (BNA) enacted a new legal regime for Electronic Currency Accounts. Below is a summary of Order 4/25:

• The following may open Electronic Currency Accounts:
  1. Resident individuals (nationals or aliens) for personal or commercial use;
  2. Nationals under the age of 18 (subject to parents’ authorization) for personal use;
  3. Non-resident alien individuals;
  4. Micro or small enterprises (as defined in Law 30/11, of 13 September 2011) for commercial use.
     
     
• Electronic Currency Accounts may be opened in person or through a digital online process;
  
  
• Electronic Currency Accounts may be of four (4) different types:
  1. Type I and II – Held by individuals for personal use;
  2. Type III – Held by individuals for commercial use;
  3. Type IV – Held by companies for commercial use.
     
     
• The following transactions are permitted in each type of account:

• BNA will define by separate Order the maximum transaction amounts/limits for Electronic Currency Accounts;
  
  
• No fees or commissions may be charged for the use of Electronic Currency Accounts;
  
  
• Funds in Electronic Currency Accounts must be reimbursed to clients within a maximum of 24 hours.

The service providers for electronic currency payments must comply with the Order 4/25 requirements within 180 days in the case of existing Electronic Currency Accounts or within 60 days in the case of newly opened accounts.