A Payment Instrument is a standardized physical or electronic document that allows a user to transfer funds or pay a beneficiary. Payment Instruments include cheques, Interbank Electronic Transfer (IET), and direct debits.

Mozambique has been recording a sharp increase in the use of payment instruments, especially Interbank Electronic Transfers (IET), which shows a trend towards the replacement of cheques for electronic payment instruments. This outlook is expected given the streamlining of the National Payment System (NPS), in which retail customers have greater access to electronic payment instruments.

In 2020 alone, the daily average of documents cleared through the Interbank Clearing and Settlement Subsystem (CEL) stood at about 1,810,000 documents per day, i.e., amounting to a daily average of 3,114.43 million meticais.