PATHE Ide @ Ith NATIONAL BANK OF ETHIOPIA ADDIS ABABA V/Gov/FIS/017/2014 August 12, 2014 —* All Banks All Microfinance Institutions Ethiopia Dear Sir/Madam: Subject: Circular No. FIS/02/2014 Please be informed that mobile top-up is not financial service and thus financial i operating in Ethiopia are not allowed to offer it to their customers. Meanwhile, limits on mobile banking transaction as per article 5 of Directives No. FIS/01/2012 shall only apply to agent banking, and thus individual institutions shall set their own internal August 14, 2014. } Sincerely yours, its for mobile, internet and other electronic based transactions as of Payment & Settlement System Directorate Microfinance Institutions Supervision Directorate Legal Service Directorate Banking Supervision Directorate National Bank of Ethiopia ARGM (WAY TAS 74.8, 5550/2048 hh PC O115 51 45 8B NAN HTC 0115 517430 AA ADDRESS: SUDAN STRCET P.O.BOX 5550/2048 FAX No: 0115 $145 88 TEL. No. 0115517430 ADDIS ABABA ‘TBLEGRAPHIC ADDRESS: NA TIONBANK CODES-USED PETERSON 3%& 4" ED BENTLEY'S 2 PHRASE A.B.C. 6° EDITIO E-mail: nbe excd! Website. www. htp:// www.nbe gov.et