Mozambique Halved the Card Limit Abroad and Made It Permanent
The annual ceiling on foreign spending with a Mozambican card is now three million meticais, about US$47,000, and it catches residents and non-residents alike. The post Mozambique Halved the Card Limit Abroad and Made It Permanent appeared first on The Rio Times .
The Mozambique government has halved the yearly limit for foreign payments made using cards issued in the country, effective immediately. The new limit stands at 3,000,000 meticais per calendar year, roughly equivalent to US$47,000. This change, which came into force on 28 July 2026, affects anyone holding a Mozambican-issued card regardless of whether they are residents or not.
The measure is designed to ration foreign exchange, as the metical's value has remained stable against foreign currencies in recent years. Banks are now required to check with the central bank before issuing or renewing a card to ensure the holder has not already exceeded the limit.
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