Regulatory Alerts2025-01-09
Instruction No. 0114/BCRG/2020 Fixing the Procedure for Archiving Paper Vouchers in Electronic Exchanges for Automated Clearing
The Governor of the Banque Centrale de la République de Guinée issued Instruction No. 0114/BCRG/2020 to establish the standardized archiving procedure for paper vouchers used in electronic exchanges and automated clearing. The directive mandates that capture agents forward daily vouchers to branch managers, who verify physical existence, apply a "cleared" stamp, and store them in secure envelopes while maintaining detailed stock registers. It further outlines the J+1 rejection workflow, monthly unannounced audits, and the formal claim process for retrieving archived vouchers through the drawee bank.
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