{"id":51732,"date":"2026-02-04T09:30:57","date_gmt":"2026-02-04T08:30:57","guid":{"rendered":"https:\/\/dzwatch.dz\/?p=51732"},"modified":"2026-02-04T09:30:57","modified_gmt":"2026-02-04T08:30:57","slug":"funding-commercial-accounts-through-written-payment-methods-or-cash-payments","status":"publish","type":"post","link":"https:\/\/dzwatch.dz\/?p=51732","title":{"rendered":"Funding commercial accounts through written payment methods or cash payments"},"content":{"rendered":"<p>The Bank of Algeria has issued a new memorandum authorizing the funding of commercial accounts through written payment instruments or cash payments, based on daily and\/or weekly turnover.<\/p>\n<p>The memorandum stated: &#8220;In accordance with the legislative and regulatory provisions in force, customer due diligence measures shall be observed using a risk-based approach, as they were prior to the issuance of Memorandum No. 02\/2025 dated December 22, 2025.&#8221;<\/p>\n<p>It explained that commercial accounts can be funded through written payment instruments or cash payments based on daily and\/or weekly turnover.<\/p>\n<p>Operations must be &#8220;compatible with the profile and consistent with the customer information held by the bank.&#8221;<\/p>\n<p>This memorandum cancels and replaces Memorandum No. 02\/2025 dated December 22, 2025.<\/p>\n<hr\/>\n<p><em>Reference: <a href=\"https:\/\/www.sabqpress.dz\/%d8%aa%d9%85%d9%88%d9%8a%d9%86-%d8%a7%d9%84%d8%ad%d8%b3%d8%a7%d8%a8%d8%a7%d8%aa-%d8%a7%d9%84%d8%aa%d8%ac%d8%a7%d8%b1%d9%8a%d8%a9-%d9%85%d9%86-%d8%ae%d9%84%d8%a7%d9%84-%d9%88%d8%b3%d8%a7%d8%a6%d9%84\/\" rel=\"nofollow noopener\" target=\"_blank\">link<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bank of Algeria has issued a new memorandum authorizing the funding of commercial accounts through written payment instruments or cash payments, based on daily and\/or weekly turnover. The memorandum stated: &#8220;In accordance with the legislative and regulatory provisions in force, customer due diligence measures shall be observed using a risk-based approach, as they were &hellip;<\/p>\n","protected":false},"author":1,"featured_media":51731,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"rank_math_lock_modified_date":false,"cybocfi_hide_featured_image":"","iawp_total_views":1,"footnotes":""},"categories":[44],"tags":[],"class_list":["post-51732","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/51732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51732"}],"version-history":[{"count":0,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/posts\/51732\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=\/wp\/v2\/media\/51731"}],"wp:attachment":[{"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51732"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51732"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dzwatch.dz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51732"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}