1. Retail
  2. Companies
  3. Insurance
  4. Investments and Savings
  5. Institutional
  6. Reporting and Analysis
PT EN
  1. Small and Medium
  2. Corporate
I want to...
Open an Account
Go to homepage
Close Menu
  1. Small and Medium
  2. Corporate
Open an Account
PT EN
Go to homepage
I want to...
Open an Account

CURRENT ESCROW ACCOUNT

Credit product that allows the use and repayment in a current account, by crediting and debiting the demand deposit account

Minimum of AOA 50 000 6 months, renewals allowed
Amount Term

Refund Conditions

  • Monthly interest on the due date of the total credit amount

  • Allows early repayment in accordance with the conditions provided in the agreement

Acquisition Conditions

  • Customer Company with a minimum 6-month relationship with ATLANTICO

  • Other conditions may apply according to the credit regulations in force

Fees and charges

Fees and charges foreseen in the price list for Current Escrow Accounts apply

Subscription and Formalization

It does not dispense consulting the current credit procedure in force

Tax

Fees and consideration for financial services are subject to Value Added Tax of 14% in accordance with Article 12 (1-i) of Law no. 7/19 of 24 April
The use of credit in the form of a current account is subject to Stamp Tax at the rate of 0.1% on the monthly average obtained by adding up the outstanding balances determined daily during the month, divided by 30
Stamp Tax at the rate of 0.2% is payable on the interest charged
Commissions for guarantees provided are subject to Stamp Tax at the rate of 0.5%
Stamp Tax is payable on the value of guarantees (except when materially accessory) under the following terms:
- Term less than one year: 0.3%
- Term equal to or greater than one year: 0.2%
- No term or term equal to or greater than five years: 0.1%

Useful documents

Current Escrow Account information sheet
0.07 mb
Current Escrow Account Checklist
0.07 mb

Have doubts? We'll answer them!