Instituição de transferência de fundos — Mozambique

The Mozambique category mapped to cross-border remittance.

One of the three EPSP categories under Decreto n.º 50/2024 art. 51: instituição de transferência de fundos. Its object (art. 59.2 a) is « remessa e recebimento de valores » - money remittance/receipt, incl. cross-border - hence REMITTANCE_XBORDER (single-mapped). Must adopt the sociedade anónima form (art. 52.1 a). The ICSF register subsections the entity as « Categoria de instituições de transferência de fundos ».

Maintained: this official source is re-checked on a weekly schedule — last checked 2026-08-04.

Source recency: Banco de Moçambique's official list is dated 2025-01 — the most recent official publication; verify current status directly with Banco de Moçambique. Entries below are as reported by that list — not a statement of current status.

Licensed providers

1 entity

#	Provider	Status (as reported)	Source	Source date
1	Mukuru, SA.	licensed	Banco de Moçambique	2025-01

Licence requirements

What it takes to hold this licence, as stated in the cited official instruments. Capital and fees are shown in the currency the statute itself uses.

Requirement	As published	Source	Source date
Minimum capital	Not officially published: Decreto 50/2024 fixes no metical minimum-capital amount for a funds-transfer institution; the pre-2024 figures are in the revoked Decreto 99/2019 and no operative published figure was located this build.	Decreto n.º 50/2024, de 11 de Julho — Regulamento da Lei das Instituições de Crédito e Sociedades Financeiras (LICSF); the EPSP regime lives in arts. 51–59 (revokes Decretos 56/2004, 57/2004, 31/2006, 30/2014 and 99/2019, the EPSP decree)	2024-07-11
Local presence / incorporation	Must adopt the form of a public limited company (sociedade anónima). Verbatim “a forma de sociedade anónima, quando se constituam como instituição de moeda electrónica e instituição de transferência de fundos”	Decreto n.º 50/2024, de 11 de Julho — Regulamento da Lei das Instituições de Crédito e Sociedades Financeiras (LICSF); the EPSP regime lives in arts. 51–59 (revokes Decretos 56/2004, 57/2004, 31/2006, 30/2014 and 99/2019, the EPSP decree)	2024-07-11
Timeline	Not officially published: No fixed number of days within which BdM must grant or refuse the application is published in this regulamento.	Decreto n.º 50/2024, de 11 de Julho — Regulamento da Lei das Instituições de Crédito e Sociedades Financeiras (LICSF); the EPSP regime lives in arts. 51–59 (revokes Decretos 56/2004, 57/2004, 31/2006, 30/2014 and 99/2019, the EPSP decree)	2024-07-11
Local ownership	No such requirement: Decreto 50/2024 sets no ownership-percentage or nationality cap for a funds-transfer institution.	Decreto n.º 50/2024, de 11 de Julho — Regulamento da Lei das Instituições de Crédito e Sociedades Financeiras (LICSF); the EPSP regime lives in arts. 51–59 (revokes Decretos 56/2004, 57/2004, 31/2006, 30/2014 and 99/2019, the EPSP decree)	2024-07-11
Fees	No such requirement: No application/authorization fee schedule is fixed for an EPSP in Decreto 50/2024.	Decreto n.º 50/2024, de 11 de Julho — Regulamento da Lei das Instituições de Crédito e Sociedades Financeiras (LICSF); the EPSP regime lives in arts. 51–59 (revokes Decretos 56/2004, 57/2004, 31/2006, 30/2014 and 99/2019, the EPSP decree)	2024-07-11
Ongoing obligations	The institution's object is the remittance and receipt of money (« remessa e recebimento de valores »). Verbatim “remessa e recebimento de valores”	Decreto n.º 50/2024, de 11 de Julho — Regulamento da Lei das Instituições de Crédito e Sociedades Financeiras (LICSF); the EPSP regime lives in arts. 51–59 (revokes Decretos 56/2004, 57/2004, 31/2006, 30/2014 and 99/2019, the EPSP decree)	2024-07-11

Requirements as published in the cited instruments — not legal or compliance advice. Where a value is located but not yet verified, we show that it exists but don't publish the figure. Verify directly with the regulator.

The equivalent in other markets

Categories mapped to the same normalized activity — fintech:REMITTANCE_XBORDER:

Cross-border rules for Mozambique →