New Rules on Current Invisibles Operations

The National Bank of Angola (Banco Nacional de Angola - "BNA") recently published Notice n.º 13/2013 (the "Notice") dated 6 August. The aim of this Notice is to ensure greater efficiency and flexibility in international payments and transfers from Angola. The Notice establishes the procedures for making payments and transfers in transactions related to travel, current transfers, payments for services and income when made between residents and non-residents and/or between Angola and abroad.