Notice on Limits for Branchless Banking Accounts and Transactions
- Account balance limit for a branchless banking account: HTG 75,000.
- Total transactions per day are limited to HTG 75,000 and cumulative monthly transactions to HTG 400,000.
- The measure takes effect on March 23, 2020 and stays in force until June 30, 2020.
Addressed to commercial banks, savings and housing banks and all financial institutions authorized to receive deposits, this notice refers to the branchless banking guidelines issued on October 1, 2010 and the additional notes of February 21, 2011.
It sets the limits that apply when financial services are supplied outside traditional branches: HTG 75,000 on the balance of any branchless banking account, HTG 75,000 on total transactions per day, and HTG 400,000 on cumulative monthly transactions. The measure applies from Monday March 23, 2020 and stays in force until June 30, 2020. It is one of three notices the BRH dated March 19, 2020 in response to COVID-19.
How to cite
Bank of the Republic of Haiti (BRH), 2020, Notice on Limits for Branchless Banking Accounts and Transactions, https://www.brh.ht/wp-content/uploads/Avis-mesures-BRH-limite-BAD.pdf
- Rights holder
- Banque de la République d'Haïti (BRH)