Stay compliant and onboard customers faster in São Tomé and Principe
Country overview
Country overview
As a member state of the Financial Action Task Force (FATF) and the Intergovernmental Action Group against Money Laundering in West Africa (GIABA), São Tomé and Principe has implemented KYC/AML regulations in line with international standards.
Regulatory overview
Regulatory overview
KYC/AML regulations
AML/KYC regulations in São Tomé and Principe are enforced by several regulators including the
- Banco Central de São Tomé e Príncipe (BCSTP),
- Ministério das Finanças e Cooperação Internacional,
- Polícia de Investigação Criminal,
- Unidade de Inteligência Financeira de São Tomé e Príncipe (UIF).
The primary legislation governing KYC/AML in São Tomé and Principe is the Anti Money Laundering and Combating the Financing of Terrorism law (Lei No. 8/13)
Data protection regulations
The Agência Nacional de Proteção de Dados (APDP) enforces São Tomé and an Principe’s data protection laws via the São Tomé and Principe Law No. 03/2016 on the Protection of Personal Data.
Institutions are required to obtain users’ consent before processing and transferring personal data. Users are entitled to the erasure of their personal data upon request.
Accurately verify users in São Tomé and Principe
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 São Tomé and Principe
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.
São Tomé and Principe Passport
Passports issued by Serviço de Migração e Fronteiras may not be popular but are an acceptable KYC document
São Tomé and Principe Driver’s License
Drivers licenses issued by the government of São Tomé and Principe can be used to verify the holder’s identity
Verify São Toméans 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.