Angola - U.S. Banks and Local Correspondent BanksAngola - US Banks
There are no U.S. banks operating in Angola, nor do any U.S. banks have direct correspondent relationships with Angolan-based banks. U.S. dollar transaction clearing services have not been available in Angola since November 2016 when Deutsche Bank, the last bank to offer this service, left the market. International transactions are handled in euros or other convertible currencies through European and South African correspondent banks. A number of Angolan banks have ownership ties with Portuguese banks including BFA (Banco de Fomento Angolano), Banco BIC, Caixa Angola, and Millennium–Atlantico Bank. Standard Chartered (UK) has restricted its correspondent banking services to a limited client base including the Central Bank, Sonangol, and some of the international oil companies operating in Angola.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.
Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.