Saturday, January 10, 2026
Newswatch
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us
No Result
View All Result
Sign Up
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us
No Result
View All Result
Newswatch Cameroon
No Result
View All Result
Home Economy

BEAC institutes digital app to deter currency counterfeiting

Tasha Seidou by Tasha Seidou
August 5, 2025
in Economy
0
BEAC institutes digital app to deter currency counterfeiting

BEAC is regional Central Bank for the six member states of CEMAC

0
SHARES
21
VIEWS
Share on FacebookShare on Twitter

The Bank of Central African States (BEAC), regional Central Bank for the six member states of the Economic and Monetary Community of Central African States (CEMAC), has launched an application to help users easily detect fake banknotes.

“Counterfeiting severely harms the economy and defrauds individuals who fall victim to counterfeiters,” Yvon Sana Bangui, BEAC Governor noted in a statement on July 30, 2025.

BEAC Governor Yvon Sana Bangui

The statement goes further to point out that: “As the first line of defense against fake currency, BEAC urges the public and professionals to widely adopt this new app, which complements the bank’s broader measures to ensure trust in its currency”.

The application, called BEAC NG2020, is available on Google Play Store and App Store for android and iPhone users respectively.

The institution said the app helps users to authenticate BEAC’s 2020 series banknotes which are its latest in circulation.

BEAC through the application, expects users to compare the security features on the notes on the app with those found on the physical notes in the hand.

The security features on the app, it said, blends both the aspects that can be seen with the naked eye and those that require ultra violet light.

Basically, to detect a legitimate banknote, users can pass through four paths, per the user guide included in the app and in a statement released by BEAC.

For visual inspection, users, the Bank said, should check the watermark, broken lines, serial number, and security thread.

Tactile inspection entails touching the note to feel elements of raised printing such as denomination, CEMAC (Economic and Monetary Community of Central Africa) logo, BEAC headquarters building, numerical and written value of the note, “Bank of Central African States” inscription and tactile mark for the visually impaired.

The third verification method entails tilting the note. This shows a 3D (three dimensional) motif that shifts colour when tilted and the dynamic security thread bearing “CEMAC”.

Using the ultraviolet light, users can easily locate the CEMAC map appearing in place of the watermark, bicolored fibers and fluorescent scene outlines.

To navigate the app, press the following: UV to view security features under ultra violet light; C to flip the banknote (front/back); + to tilt the banknote; and — to reveal security features and their illustrations.

BEAC issues the Central African CFA franc (XAF) used by the six CEMAC nations viz; Cameroon, Chad, Gabon, Republic of Congo, Central African Republic and Equatorial Guinea.

First published in NewsWatch newspaper No 215 of Monday, August 4, 2025.

Tags: BEACCEMACYvon Sana Bangui

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe

Related Posts

Orange Cameroun honours dedicated staff at Silver Jubilee fete
Economy

Orange Cameroun honours dedicated staff at Silver Jubilee fete

January 7, 2026
In New Year message: Dreamland Connect PLC Management commits to improve entertainment experience
Economy

In New Year message: Dreamland Connect PLC Management commits to improve entertainment experience

January 6, 2026
Access Bank partners with IFC, AGF, launches Cameroon’s first-ever Womenpreneur Pitch-A-Ton
Economy

Access Bank partners with IFC, AGF, launches Cameroon’s first-ever Womenpreneur Pitch-A-Ton

November 27, 2025
Nigerian billionaire Tony Elumelu keen on diversifying investments in Cameroon
Economy

Elumelu embarks on Pan-African tour championing entrepreneurship, infrastructure, and inclusive growth

November 10, 2025
Timber logs export ban in CEMAC could up revenue by 25% – expert
Economy

Timber logs export ban in CEMAC could up revenue by 25% – expert

October 2, 2025
UBA intensifies Pan-African growth drive, reaffirms dividend payment commitment
Economy

UBA intensifies Pan-African growth drive, reaffirms dividend payment commitment

October 2, 2025
Inside Francis Nganou’s African MMA fighters’ nursery

Inside Francis Nganou’s African MMA fighters’ nursery

April 17, 2025
Cameroon’s culture on display at 25th Carthage Theatre Days in Tunisia

Cameroon’s culture on display at 25th Carthage Theatre Days in Tunisia

November 28, 2024
The movie is inspired by findings of the organisation’s annual Londa 2022 report

Paradigm Initiative to release fourth short film on Human Rights Day

November 21, 2023
Artisanal miners in Guerwane village say gold is nature's gift to them.

Illegal gold mining deprives Cameroon of tax revenue

February 9, 2022
Museum unveils dates for 2025 artistic & cultural summer holiday workshops

Museum unveils dates for 2025 artistic & cultural summer holiday workshops

May 29, 2025
Cameroon steps up strategies to ameliorate access to safe blood

Cameroon steps up strategies to ameliorate access to safe blood

December 24, 2024
Amos Wemanya (Right) the Lead, Just Transitions at Power Shift Africa, presenting a copy the civil society statement on renewable energy targets for Africa to Ephraim Shitima, Chair, Africa Group of Negotiators

African CSOs push for “immediate phase out” of fossil fuel at COP28

December 5, 2023

Oct. 12 presidential election: Decades’ old Bello-Tchiroma distrust hampering opposition unity!

September 16, 2025

CAMTEL empowers young entrepreneurs to boost employment

June 26, 2025

Biya practices Chaise Vide on Ukriane – a cowardly behaviour

March 21, 2022

At ‘NA WE WE’ Sports Jamboree: Gov’t, partners hail LOYOC for massive mobilisation to enhance peace, living-together

July 9, 2024

Return to MMA: Ngannou says he wants to continue proving doubters wrong

October 18, 2024

Gilles Yumo’s diagnosis of Covid-19 media discourse earns him PhD with distinction

February 20, 2025

At Climate Week: UK honours Cameroonian activist Dr Cecile Ndjebet

June 26, 2025

What happened to CUJ?: Veterans mull over creation of ‘federal’ syndicate for Cameroon journalists

May 29, 2024

Cameroon’s Tamba Merlin calls out WBC Middle East champion Anees Taj after explosive KO

September 26, 2025
NewsWatch Cameroon

Trustworthy, timely and tenacious: that's our newspaper. For 10 years, we have delivered quality journalism that informs, inspires and challenges our readers. Join us as we continue to make a difference in the world of news.

#NewsWatch@10

  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us

Sign Up for our News letters

NewsWatch Cameroon Anniversery

© 2024 Newswatch Cameroon All Right Reserved.
Designed by JDC

No Result
View All Result
  • News
    • Front-page
    • Tech
    • Politics
    • Society
    • Sports
    • Environment
    • Economy
    • Religion
  • Abouts
    • About Us
    • Our Team
    • Privacy Policy
  • Contact Us

© 2024 Newswatch Cameroon All Right Reserved.
Designed by JDC