Law / Mozambique

Bank Unique Identification Number Regulation: clarification and updating of the data behind a number

Aviso n.º 10/GBM/2021, de 22 de Dezembro (Regulamento do Número Único de Identificação Bancária), arts. 14 and 15

In force since .

A data subject rights rule binding private bodies.

Instrument type
a regulation made under an act
Obligation class
Data subject rights, Disclosure

What it requires

  • If you are a credit institution or financial company, give an individual or a legal entity that asks for it clarification of the elements that led to the assignment of their Número Único de Identificação Bancária, immediately unless the matter makes that impossible.
  • Update the data on which a client's Número Único de Identificação Bancária was assigned within five working days of the request, and ask the Banco de Moçambique for the corresponding updates within two working days.

These lines are LexLint's reading of the law's text.

What this law does

Drafted with AI

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Research summary

Legal information, not legal advice. This is LexLint's own research summary of a public legal source, and it creates no attorney-client relationship. For decisions that matter, consult qualified counsel in the relevant jurisdiction. About LexLint

Individuals and legal entities may ask the credit institution or financial company for clarification and updating of the elements that led to the assignment of their Número Único de Identificação Bancária. Credit institutions and financial companies must update the data on which the number was assigned within five working days. Clarifications must be given immediately, except where the matter asked about makes that impossible. Access to and consultation of the number platform is free.

The Aviso was published in the Boletim da República, I Série, n.º 247, of . The Aviso enters into force on the date of its publication.

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