Stay compliant and onboard customers faster in Ethiopia
Country Overview
Country Overview
Ethiopia is a member of both the Financial Action Task Force (FATF) AND East and Southern African Anti-Money Laundering Group (ESAAMLG) and has made strides towards bringing its KYC/AML regulations to a global standard.Companies looking to digitally onboard customers and verify identities in Benin are expected to adhere to local and international KYC regulations.
Regulatory Overview
Regulatory Overview
KYC/AML regulations
AML/KYC regulations in Ethiopia are enforced by a number of regulators including the
- National Bank of Ethiopia
- Financial Intelligence Center
The primary KYC/AML regulation in Ethiopia is the Anti-Money Laundering and Terrorism Financing Proclamation No. 1176/2020.
Data protection regulations
The Ethiopian Information Network Security Agency (INSA) enforces Ethiopia’s data protection laws via the Ethiopian Data Protection Directive (DPD).
Data processors are required to obtain their customer’s consent before processing and transferring personal data.
Accurately verify users in Ethiopia
Stay compliant, prevent fraud and streamline your user verification process for customers across Africa with Smile ID. Verify users with confidence with:
The most extensive ID coverage on the continent
99.8% recognition accuracy for faces of all skin tones
A solution that is compatible with any device
Documents we verify in Ethiopia
Give users the flexibility to verify their identity using any of the following ID documents. All we need is a document photo and a selfie.
Ethiopian National ID
Introduced in 2019, the Ethiopian National ID still has a limited spread across the population. However, it is on course to become the most popular ID type for KYC in coming years as the government rolls it out nationwide.
Ethiopian Passport
The Ethiopian Ministry of Foreign Affairs is typically responsible for issuing passports to citizens.
Ethiopian Driver’s License
Driver’s Licenses issued by the Algerian MInstry of Public Works and Transport can also be used to verify identities in the country.
Ethiopian Resident Card
Resident cards issued by the Main Department for Immigration and Nationality Affairs can be used to verify the identities of foreigners resident in Ethiopia.
Verify Ethiopians using ID documents
Verifying users with ID documents and biometric face matching is one of the most reliable ways to determine a user's true identity. Our ID document verification solution checks that an ID document is authentic, accurately transcribes the text on the document and compares a user-submitted selfie to the document image.
Transcribes document text with 96% accuracy
Checks for accurate format
Identifies tampered and forged documents
Verifies security features
Scan your document
Our image capture tool guides users to take clear photos even with older devices.
Smile for a selfie
We ensure a real user is behind the camera by asking them to smile to test for liveness.
Get real-time results
In a few seconds, we will confirm the document is authentic and belongs to the user.
Ready to get started?
We are equipped to help you level up your KYC/AML compliance stack. Our team is ready to understand your needs, answer questions, and set up your account.