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National Bank of Angola warns of illegal activity by three payment companies

The National Bank of Angola (BNA) has warned three companies illegally carrying out financial activities - Elite Service, Kwanza Net, and Big Bizness - to warn the public to refrain from business relations with them.

The companies in question "sell international payment cards, through the 'Visa' network, wallets for emergency reserve and savings in foreign currencies and term deposits in foreign currencies, as well as foreign exchange trading.

However, according to the BNA, they are not licensed for this activity, so the regulator appeals "to banking financial institutions and the general public to refrain from establishing any business relationship with them."

The . . .

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