The Central Bank of the Republic of Guinea (BCRG) wants to impose a monthly penalty on recalcitrants faced with the obligation imposed on them, estimated at ten billion GNF per month as of today.

A decision entitled “No. D/2023/117/GUIM” was taken on July 3, 2023. According to information, this decision requires banks to connect to the Republic of Guinea's digital interoperability platform. This connection should be made on September 29, 2023, for financial players with a payment platform and on June 29, 2023 for financial players with an instant-payment mobile platform. However, banks are reluctant to subscribe to this obligation, according to the findings of the authorities of the Central Bank of the Republic of Guinea (BCRG

Pour ce fait, la Banque centrale a décidé de frapper les Recalcitrants to a monthly penalty estimated at ten billion GNF per month for the delay in connecting to the Ré digital interoperability platform Public of Guinea. According to information from the Central Bank, “as of October 2, 2023, a late payment penalty of ten billion (10,000,000,000) Guinean francs per month will be applied to any financial actor (Banks, EME) that does not have a connection with the digital interoperability platform of the GuiM (Guinéenne de la