Guinea

Identity verification (KYC) and AML/CFT in Guinea

In Guinea, the Central Bank of the Republic of Guinea (BCRG) licenses and supervises banks, and the CENTIF receives suspicious transaction reports. Verita reads the Guinean biometric national ID card and passport, compares the customer’s face with the document and screens the name against sanctions and PEP lists.

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Guinea at a glance

Central bank: Central Bank of the Republic of Guinea (BCRG), which licenses and supervises banks
Financial intelligence unit: CENTIF Guinea (national financial information processing unit)
FATF-style regional body: GIABA
AML/CFT law: Law L/2021/024/AN of 17 August 2021 on anti-money laundering and counter-terrorist financing
Data protection: Law L/2016/037/AN of 28 July 2016 (cybersecurity and personal data protection)
National ID document: Biometric national ID card
Business register: RCCM (OHADA area); company formation at the APIP one-stop shop
Tax identification number: NIF (tax identification number)
Currency: Guinean franc (GNF)
Official language: French (working language) and the national languages, under the 2025 Constitution
FATF status (June 2026 plenary): Not under increased monitoring
Insurance: Not a CIMA member

What Verita checks today in Guinea

Identity documents: the Guinean biometric national ID card and the passport, with the MRZ read.
Passports from every country, in the ICAO 9303 format.
Face match, liveness and sanctions (UN, OFAC, EU, UK) and PEP screening, as on every file.
Businesses: automatic registry cross-checks are available for Côte d’Ivoire; for Guinea, we scope them in a pilot.

The AML/CFT framework in Guinea

Guinea is not part of the WAEMU: it has its own central bank, the BCRG, and its own currency, the Guinean franc. Law L/2021/024/AN of 17 August 2021 sets the anti-money laundering and counter-terrorist financing obligations and creates the CENTIF, placed with the BCRG. The country is a member of GIABA and OHADA; it was not under FATF increased monitoring after the June 2026 plenary.

What is set up in a pilot

Verita is built for the BCEAO framework. For Guinea, the national rules and the FIU’s report format are set up with your compliance team in a pilot.

Personal data

Law L/2016/037/AN of 28 July 2016 on cybersecurity and personal data protection governs the processing of personal data in Guinea; face photos and identity documents are part of it. Verita can be installed on your own servers so that this data stays inside your perimeter, and every access is logged in the audit trail.

Frequently asked questions

Does Verita read the Guinean biometric national ID card?

Yes. The Guinean biometric national ID card and the passport are supported, along with face match and liveness.

Who do banks in Guinea report suspicions to?

To Guinea’s CENTIF (the national financial information processing unit), placed with the BCRG. Verita prepares the report and has it approved by two people in your institution; your reporting officer sends it.

Is KYB available in Guinea?

Automatic business-registry cross-checks are available for Côte d’Ivoire. For this country, we scope them with you in a pilot.

Can Verita be installed on our own servers?

Yes. On-premise installation is possible: documents and personal data never leave your infrastructure.

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