Non-FATCA Banks in Mozambique



Don’t rely on this quick-reference guide, whatever you do! Check IRS website for a FATCA GIIN. Also check whether an intergovernmental agreement is in effect: TREASURY

The U.S. Department of the Treasury makes a show of all the jurisdictions entering into IGA’s and all the FATCA-registered FFI’s but for some strange reason they do NOT make it easy to find the jurisdictions without IGA’s or the banks in those jurisdictions that do NOT participate in FATCA.

Material has been obtained from the central bank’s website. There are also microbanks and savings-and-credits in Mozambique which are not FATCA-registered.

If it shows a GIIN then they are FATCA registered.
Name of a financial institution
A FATCA-registered financial institution with a similar name
AFRICAN BANKING CORPORATION (MOZAMBIQUE) SARL
MAPUTO
VT4IJQ.99999.SL.508
AFRICAN BANKING CORPORATION MOCAMBIQUE
Mozambique
BANCO COMERCIAL E DE INVESTIMENTOS SARL
MAPUTO
KJW2RH.00016.ME.508
Banco Comercial e de Investimentos SA
Mozambique
BANCO DE MOCAMBIQUE
MAPUTO
NONE
BANCO INTERNACIONAL DE MOCAMBIQUE S.A
MAPUTO
NMS23E.00014.ME.508
BIM - Banco Internacional de Mocambique
Mozambique
BANCO MERCANTIL E DE INVESTIMENTOS
MAPUTO
NONE
BANCO NACIONAL DE INVESTIMENTO SA
MAPUTO
L9VV7M.99999.SL.508
Banco Nacional de Investimento, SA
Mozambique
BANCO PROCREDIT S.A.R.L.
MAPUTO
NONE
Banco Oportunidade de Moçambique, SA. NONE
Banco Tchuma, SARL. NONE
BANCO TERRA SA
MAPUTO
E6D6K8.99999.SL.508
Banco Terra SA
Mozambique
BANCO UNICO SA
MAPUTO
FF8NCJ.99999.SL.508
Banco Unico SA
Mozambique
BARCLAYS BANK MOCAMBIQUE S.A.
MAPUTO
E1QAZN.00290.ME.508
Barclays Bank Mocambique SA
Mozambique
FNB MOZAMBIQUE SA
MAPUTO
NONE
ICB BANCO INTERNACIONAL DE COMERCIO S.A.R.L.
MAPUTO
NONE
MOZA BANCO SA
MAPUTO
XZBJ50.00001.ME.508
Moza Banco SA
Mozambique
Socremo Banco de Microfinanças, SA. NONE
STANDARD BANK SARL
MAPUTO
319UTE.99999.SL.508
Standard Bank s.a.r.l Mozambique
Mozambique
THE MAURITIUS COMMERCIAL BANK (MOCAMBIQUE) S.A.
MAPUTO
EHMNSZ.00003.ME.508
The MCB Mocambique S. A
Mozambique
United Bank for Africa Moçambique, SA. FTMA0U.00013.ME.508
United Bank for Africa Mozambique SA
Mozambique
The boundaries of the United States of America are the boundaries of the United States of America.

Around the world, people are learning that they are “citizens” of the U.S.A., and faced with criminal charges and devastating financial penalties for failing to report to Washington, D.C. their local bank accounts, when they don’t even live in the United States, and under the laws of their country, they are citizens only of their country.

Complicating the problem is that the U.S. Supreme Court gave them back their citizenship even if they did not want it. The court ruled in a manner consistent with U.S. Constitution, Amendment 14, which says:
All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States, and of the State wherein they reside.


But how can a country unilaterally acquire the authority to tax people overseas? These people are no more U.S.A. “citizens” than U.S. Senator Ted Cruz was a “Canadian” when he learned in 2013 that he was still a citizen of Canada under Canadian law.

The fee to renounce U.S. citizenship is $2,350.00 and they require five years of tax returns and sometimes an exit tax, and in some cases they keep taxing for ten more years. This is unacceptable.

If they want money they should repeal the income tax and use a federal sales tax, based on domestic consumption, which does not invade personal privacy. If you pay with cash there is no paper trail revealing what you buy, so why should there be a paper trail showing how much money you have, or make? Cars built overseas and sold in the U.S.A. would be taxed in the U.S.A., making the U.S.A. more competitive.



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