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Relatórios e Contas 2020

Events & Social Responsabilities

Webinar: Foreign Exchange Regulation and Marketing Overview

Standard Bank recently promoted a virtual seminar (webinar) about the Regulation of Opening and Operating Accounts in Foreign Currency (Notice 10/GBM/19) in order to explain to its clients the changes that this instrument, approved by the Bank of Mozambique, introduces, as well as its implications, mainly in foreign operations.

NOTICE: Prohibition of external receipts via SWIFT MT103 in national currency

Please note that the Bank of Mozambique has communicated on the 10th June 2020 all commercial banks to not process inward payments in local currency, as they must be remitted to Mozambique in foreign currency, despite the beneficiary account being in MZN or in foreign currency.