Algiers – The Bank of Algeria announced today new regulatory measures concerning the funding of commercial accounts. These measures allow for deposits via both written payment methods and cash, subject to specific controls linked to the daily or weekly volume of commercial activity.
In an official memorandum addressed to various banking institutions, the Bank of Algeria clarified that account funding operations must be consistent with the client’s profile and match the data available to the bank. This is to ensure compliance with transparency rules and combat financial risks.
The bank emphasized that these measures are based on a risk-based vigilance approach, in accordance with applicable legislative and regulatory provisions. This approach was in place prior to the memo dated December 22, 2025.
The new memorandum confirms that commercial accounts can be funded based on daily and/or weekly turnover. Banks must consider the nature of the client’s activity and the level of their transactions. The goal is to strike a balance between facilitating economic activity and ensuring compliance with banking regulations.
The Bank of Algeria stressed that this memorandum formally cancels and replaces the previous memorandum issued on December 22, 2025. This step aims to clarify the regulatory framework and provide greater flexibility for traders and economic institutions, while maintaining control and banking compliance requirements.
These measures are expected to facilitate daily commercial transactions, support economic activity, and improve customer relations with banks within an organized and balanced legal framework.
