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Simplified Account

The Simplified Account is a current account, denominated in Kwanzas, held by a resident natural person, made available by the Institutions, under the conditions and terms provided for in Instruction 8/2020 of 28 April of the BNA, with the objective of promoting financial inclusion.

Amount

Account opening

  • Personal purposes: 5.000 Kz
  • Commercial purposes: 10.000 Kz
  • TPA commercial purposes: 20.000 Kz

Account Daily Balance Limits

  • Personal purposes: 300.000 Kz
  • Commercial purposes: 1 000 000 Kz
  • TPA commercial purposes: 2 000 000 Kz

Limits of Maximum Monthly Accumulated Value of Credit Transactions

  • Personal purposes: 600.000 Kz
  • Commercial purposes: 2 000 000 Kz
  • TPA commercial purposes: 4 000 000 Kz

Commissions and expenses: According to the current price list.

Service channel

Prestígio Investment Boutique and Prestígio banking agent.

 

 

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