Know Your Customer (KYC) Rules in Equatorial Guinea
Overview
In line with international regulations, Equatorial Guinea has implemented Know Your Customer (KYC) rules to combat money laundering and terrorist financing. As a result, businesses operating in the country must comply with these requirements.
KYC Solutions in Equatorial Guinea
Shufti Pro is a leading provider of real-time identity verification services that offer KYC solutions in Equatorial Guinea. Their system uses advanced technology to verify identities and onboard new customers quickly and securely.
Features
- Document Verification: Shufti Pro verifies documents to ensure they are genuine and not tampered with.
- Data Extraction: They extract relevant information from documents, such as name, date of birth, and address.
- Face Verification: Shufti Pro uses facial recognition technology to verify identities.
- Verification Status: Their system provides a verification status that indicates whether the identity is verified or not.
- Facial Verification: Shufti Pro offers next-generation facial recognition for remote authentication.
- Address Verification: They provide address verification services to prevent false deliveries and invalid customer locations.
KYC and AML Solutions
Shufti Pro’s KYC and Anti-Money Laundering (AML) solutions are designed to meet the guidelines of FATF, GABAC, and OFAC. They provide a comprehensive range of services that include document verification, data extraction, face verification, and verification status.
Benefits
- Compliance: Shufti Pro’s KYC and AML solutions help businesses comply with international regulations.
- Security: Their system provides secure online monetary transactions.
- Risk-Free: Shufti Pro’s services make online transactions risk-free for businesses and customers.
Documents We Verify
Shufti Pro verifies various types of documents, including:
Types of Documents
- Identity cards
- Passports
- Driving licenses
- Credit/debit cards
Their system checks for accuracy, detects tampering or forgery, and verifies holograms and rainbow prints.
Automated AML for Businesses
Shufti Pro’s AML services help identify high-risk clients, improve client onboarding with faster PEP screening, and real-time sanction list monitoring. Their system uses FATF, EU, OFAC, HMT, Interpol, and other relevant watch lists to provide accurate results.
Benefits
- Risk Identification: Shufti Pro’s AML services help identify high-risk clients.
- Improved Onboarding: Their system improves client onboarding with faster PEP screening.
- Real-Time Monitoring: Shufti Pro provides real-time sanction list monitoring.