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Cameroon is opposing the decision of the Bank of Central African States (BEAC) to appoint two Cameroonian officials as interim national directors in
(Business in Cameroon) - Following users’ complaints about the numerous procedures now requested by banks, Blaise Eugène Nsom (director of the BEAC’s local representation in Cameroon) recently sent a correspondence to the 15 banks operating in Cameroon. In the correspondence sent on December 11, 2020, the director reminds the managing directors of the banks of the documentary proofs they can require from users who use the electronic payment means when outside the CEMAC region or for online payments and when they should do so. According to the director, under the decree n° 000/GR/2019 o...