The Bank of Algeria issued a new note authorizing the possibility of supply Commercial accounts Through written payment methods or by cash, based on the daily and/or weekly business volume.
came in note Bank of Algeria: “In accordance with the applicable legislative and regulatory provisions, vigilance measures related to customers are taken into account using the risk-based approach, as they were before the issuance of Memorandum No. 02 AGM/2025 dated December 22, 2025.”
The same source explained, “Commercial accounts can be supplied through written payment methods or by paying in cash based on the daily and/or weekly business volume.”
The operations are “compatible with the profile and consistent with the customer information held by the bank.”
This memorandum repeals and replaces Memorandum No. 02 MAG/2025 dated December 22, 2025,” the same source adds.
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