Africa-Press – Angola. Participants at the sixth National Treasury Meeting, promoted by the National Bank of Angola (BNA) and which took place in the city of Malanje, defended the need for all commercial banks to improve the sanitation of banknotes to be deposited at the central bank.
Likewise, the BNA advised the banking sector to make greater efforts to sign banking correspondence agreements with small companies located in locations where commercial banks are not located.
The participants also recommended that all those involved in the management of the “currency medium” make efforts to circulate less denominated banknotes. Commercial banks were also urged to create conditions to guarantee change with less denominated banknotes and
The banks were told that the 2012 Series notes must be exchanged for the 2020 Series by 30 June, based on Notice No. 16/20, of 10 July .
The conclusions drawn from the sixth National Treasury Meeting include the need for greater dissemination of the aspects of “currency”, so that the processes resulting from the activity are uniform to all who participate in its management
. commercial banks to continue with the opening of regional offices and custody of values, aiming to increase geographic coverage, and to combat counterfeiting.
Guided by the deputy governor of the BNA, Manuel Tiago Dias, the meeting was attended by officials from Portugal, Mozambique and Rwanda and analyzed issues related to the process of creating Kwanza banknotes for the 2020 Series, the issuance and treasury during the pandemic. , the circulation and sanitation of polymer banknotes, as well as the opening of the cash handling machine experience.
As for the introduction of the new Kwanza family, the deputy governor assured that the BNA will continue to monitor the process, as there have already been attempts to produce and introduce counterfeit banknotes, albeit in small quantities. “But it requires attention from the various stakeholders in the circulating medium management process,” he noted.
The role of inks for banknote security, their security features, the challenges in the processing and destruction and recycling of waste, the role of commercial banks in managing the currency, the challenges of automatic deposit machines and the lifting of cash and the availability of banknotes were the outstanding topics addressed at the National Treasury Meeting.
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