Kwanza Instantâneo (KWiK)
- Geographic Reach
Angola
- Gender
No
- Geographic Region
Central Africa
- Coverage
Domestic
- Year Of Establishment
2023
- Ips Type
Cross-domain
- Interoperability Arrangement
Multilateral
- Governance Typology
Central bank led
- Ownership Model
Regulator-owned
- System Owner
National Bank of Angola (central bank)
- Overseer
National Bank of Angola (Central bank)
- System Governance
National Bank of Angola (Central bank)
- Operator
EMIS (Private Limited Company owned by most banks)
- Settlement Agent
Participants’ accounts are pre-funded in the RTGS system. The clearing and settlement of transfers take place within the instant payment system itself
- Number Of Unique Ips End Users
-
- Total Number Of Participants2025
19
- Number Of Direct Participants Commercial Banks
16
- Number Of Direct Participants EMoney Issuers
3
- Number Of Direct Participants MFIs
-
- Number Of Direct Participants Other
-
- Number Of Direct Participants Post Office
-
- Indirect Participants Type
-
- Number Of Indirect Participants
-
- Supported Use Cases
P2P
- Supported Instruments
E-money
- Primary Local Channel
App
- Supported Channels
USSD, App, Browser
- Qr Code Enabled Type
-
- Messaging Standard
ISO 20022
- Proxy Id
Bank account number , Mobile phone number, Email address, Other
- Other Proxy Id Type
Nickname
- Business Model
Not-for-loss
- Pricing Structure
Joining fee, monthly and yearly fee for participants
- Scheme Rules Public
No
- Additional Recourse Requirements
No
- Dispute Resolution Mechanism
Yes
- Api Use Function
Yes
- Startup Funding Source
Operator
- Participation In Decision Making
Yes
- Mechanism For Decision Making
KWiK Participants Committee
- Ability To Become Direct Participants
Yes
- Entities That Cannot Participate
-
- Min Value For Transactions
1 AOA
- Corporate Structure
Private limited company
- Other Corporate Structure
-
- Pull Request To Pay Enabled
No
- Third Party Connections Enabled
No
- Real Time Payment Confirmation
Yes
- Transaction Validation Enabled
Yes
- Inclusivity Ranking
Not ranked