Privacy Policy
DIAMACASH - Last Updated: November 2025
DIAMA BANK SA places great importance on the protection of your personal data. This is why it has adopted this notice outlining the main principles regarding the protection of your data.
This notice aims to provide you with detailed information on how DIAMA BANK SA protects your personal data.
DIAMA BANK SA is responsible for the collection and processing of your personal data, which it uses in the course of its business activities.
The purpose of this notice is to inform you about the personal data we collect about you, the reasons why we use it, with whom we share it, how long we retain it, your rights, and how to exercise them.
In this regard, we inform you that, in collecting and managing your personal data, we comply with Law No. L/2016/037/AN of July 28, 2016, concerning cybersecurity and the protection of personal data in the Republic of Guinea.
DIAMA BANK SA processes your personal data in accordance with this law.
Additional information may be provided to you, where applicable, when you subscribe to a particular product or service.
I. THE PERSONAL DATA WE USE
• Identification data [surname, first name, date of birth, nationality, postal address, email address, telephone number, fax number, parentage, identity card, passport, residence permit, consular card, gender, home address, occupation, photograph, …);
• Bank details (bank account details, signature card, bank account information, credit card number, transfers)
• Contact information (email address, postal address, telephone number);
• Family information (marital status, number of children);
• Professional information (employment status);
• Economic and financial information (income, financial situation);
• Information about your habits and preferences;
• Data related to your use of our subscribed products and services (banking, financial, and transactional data);
• Traffic data (origin, destination, route, time, date, size, and duration of data passing through the information systems of our subscribed services);
• Data collected during our interactions with you in our branches (appointment reports), on our websites, our applications, our social media pages, during meetings, calls, chats, emails, interviews, and telephone conversations.
The Bank will not ask you to provide your Personal data relating to your racial or ethnic origin, political opinions, religious or philosophical beliefs, trade union membership, genetic data, or sexual orientation.
The personal data we use about you may be provided directly by you.
To verify or enrich our databases, this data may come from the following sources:
• Publications/databases made available by official authorities (e.g., the Official Journal);
• Our corporate clients or service providers;
• Websites/social media pages containing information you have made public (e.g., your own website or social media);
• Databases made publicly available by third parties.
II. WHY AND ON WHAT LEGAL BASIS DO WE USE YOUR PERSONAL DATA?
1. To comply with our legal or regulatory obligations
We use your personal data to comply with various legal and regulatory obligations, including:
• Implementing security measures to prevent misuse and fraud;
• Detecting unusual or suspicious transactions;
• Determining your credit risk score and repayment capacity;
• Monitoring and reporting any risks we may face;
• Recording telephone calls, discussions, emails, etc., when necessary;
• Archiving data and responding to official requests from duly authorized public or judicial authorities;
• Combating money laundering, terrorist financing, and the proliferation of weapons of mass destruction;
2. To conclude a contract with you
We use your personal data to enter into and perform our contracts, in particular to:
• Provide you with information about our products and services;
• Assist you and respond to your requests;
• Assess whether we can offer you a product or service and, if so, under what conditions;
• Provide products or services to our corporate clients for whom you are an employee or customer (for example, in the area of cash management).
3. For the pursuit of our legitimate interests
We use your personal data to implement and develop our products or services, optimize our risk management, defend our rights, and also to:
• Maintain records of operations or transactions;
• Manage information technology, including infrastructure management, service continuity, and IT security;
• Personalize the products or services we offer you:
o By improving the quality of our banking, financial, or insurance products or services;
o By offering you products or services that match your situation and profile as we define it.
• Manage your accounts, including administering any loyalty or rewards program that may be linked to your account(s).
4. To respect your choice when we asked for your consent for specific processing
In some cases, your consent is necessary for us to process your data, including:
• When the purposes described above result in automated decision-making that produces legal effects concerning you or significantly affects you, we will inform you separately of the logic behind this decision, as well as the significance and consequences of this processing;
• If we process your data for purposes other than those described in section 3, we will inform you and, if necessary, request your consent.
• For certain interactions on social media, for the purpose of administering contests or other similar marketing operations.
III. AUTHORIZED RECIPIENT OF PERSONAL DATA
In order to fulfill the aforementioned purposes, we disclose your personal data only to DIAMA BANK SA entities to enable you to benefit from our range of products and services, as well as to certain external partners and entities, namely:
• Departments and services within the limits of their function;
• Credit and Audit Committees;
• Service providers performing services on our behalf;
• Independent agents, intermediaries or brokers, banking or commercial partners with whom we are in contact and who are required to respect the confidentiality and security of the data to which they have access and to use it exclusively within the scope of the missions entrusted to them;
• Judicial or financial authorities, state agencies or public bodies, upon their request and within the limits authorized by regulations;
• Regulated professions such as lawyers, notaries or auditors.
IV. TRANSFERS OF PERSONAL DATA TO A THIRD COUNTRY
In the event of a transfer of your data to a third country, this transfer will take place on the basis of a decision recognized and validated by the decision-making entity of the Republic of Guinea, ensuring that the recipient country has a level of protection equivalent to that existing in Guinea.
V. HOW LONG DO WE KEEP YOUR PERSONAL DATA
We retain your personal data for as long as necessary to comply with applicable regulations, or for a period determined by our operational needs, such as proper account management, effective customer relationship management, and to respond to legal requests or inquiries from authorities and regulators.
Most personal data relating to our customers is retained for the duration of the contractual relationship and for ten years after its termination.
For prospective customers, data is retained for two years.
VI. CUSTOMER RIGHTS
Under the regulations, the client has the following rights:
• Access to a copy of all their data held in the Bank's databases, as well as information relating to the processing carried out on their data;
• Right to information regarding the personal data being processed, allowing them to understand and contest the processing;
• Right to a copy of their personal data;
• Right to information relating to the purposes of the data processing and the recipients to whom the data is disclosed;
• Right to rectification of their data: the client can obtain the rectification or completion of inaccurate or incomplete data;
• Right to erasure: the client can obtain the erasure of their data when:
o (i) this data is no longer necessary for the purposes for which it was collected,
o (iii) the processing in question is unlawful.
• However, this right does not apply when the retention of the client's data is necessary for the Bank to comply with a legal obligation. • Right to restriction of processing: The customer may obtain a restriction on the processing of their personal data when they contest the accuracy of the data, for a period enabling the Bank to carry out the necessary checks. When such a restriction is in place, the data may only be processed, except for storage, with the customer's consent or for the establishment, exercise, or defense of legal claims.
• Right to object: The customer may request that the Bank cease processing their data for the purposes of pursuing its legitimate interests (including marketing).
• Right to provide instructions regarding the exercise of the above rights after their death.
• Right not to be subject to a decision based solely on automated processing which produces legal effects.
• Right to withdraw consent if given.
• Right to lodge a complaint if they believe that processing carried out by the Bank infringes the provisions of the regulations on the protection of personal data.
VII. EXERCISE OF CUSTOMER RIGHTS
The customer can exercise their rights by contacting the Bank at the following address: backoffice@diamabank.com
The customer can object to the use of their personal data for marketing purposes (including the use of their browsing data).
General Terms and Conditions
DIAMACASH - Last Updated: November 2025
Definitions
Bank: DIAMA BANK SA.
Contract: This subscription agreement for the DIAMACASH service, including its General Terms and Conditions, Special Conditions, and any annexes and amendments, which constitute an indivisible whole.
Mobile Application: Application software developed for mobile electronic devices such as smartphones.
Wallet: A payment method allowing its holder to securely store electronic money in a digital wallet to make payments, send or receive money transfers, and perform cash-in and cash-out operations.
Institution: Any banking establishment or payment institution.
Cash-In: A cash deposit operation into the Wallet.
Cash-Out: A cash withdrawal operation from the Wallet at a distributor authorized by DIAMA BANK SA.
Linked Account: The account opened in the Bank's books and to which the Wallet is linked.
Wallet Holder: May be the account holder or any other person specifically named in this contract.
DIAMACASH: The mobile payment application for private clients.
Purpose
The DIAMACASH Wallet is a secure electronic payment method that can be linked to the customer's bank account opened in DIAMA BANK SA's books. It enables the holder to perform various payment and money transfer services in real-time via the DIAMACASH mobile application, downloadable from Google Play and Apple Store.
DIAMACASH Wallet Service Features
Registration
Customers can initiate registration directly on the DIAMACASH application by completing the associated forms, or visit an authorized agent or branch for assistance with registration.
Login
Customers log into their DIAMACASH account using their phone number and secret code. Upon first login, they must enter a confirmation code received via SMS for security reasons.
Bank Account Linking
Customers with a bank account at DIAMA BANK SA can visit a branch to request account linking, enabling free transfers between their DIAMACASH account and bank account.
Wallet Limit Increase
By default, customer DIAMACASH accounts are limited to a maximum balance of 5,000,000 GNF upon remote account opening. Customers can visit a branch or authorized distributor to sign the contract agreement and request a wallet limit increase.
Wallet Loading or Cash-In
Wallet holders can load funds through two channels:
- Loading at distributors by making cash deposits
- Loading via their linked DIAMA BANK SA bank account
During Cash-In operations, the Wallet is instantly credited with the loaded amount. Authorized limits for these operations are indicated in the DIAMACASH application general conditions.
Cash Withdrawal from Wallet or Cash-Out
Customers can visit any distributor to withdraw from their DIAMACASH account using two methods:
Method 1:
- The distributor initiates the customer's withdrawal request in their application
- The customer logs into their DIAMACASH account to validate or reject the withdrawal request
- Upon validation, the customer receives an OTP code via SMS to communicate to the distributor
- The distributor enters the OTP code to validate the withdrawal
Method 2:
- The distributor generates a QR Code and presents it to the customer
- The customer logs into their DIAMACASH account, scans the QR Code, and validates the withdrawal with their secret code
Once the withdrawal is validated, the customer receives an SMS confirmation from DIAMACASH.
Transfer to Another DIAMACASH Account
Customers can transfer money to another customer wallet at any time within their balance limit and authorizations. Transfers can be made via two methods:
Method 1:
- Enter the recipient's DIAMACASH account number and transfer amount in the application
- Enter secret code and validate the transfer
Method 2:
- Scan the recipient's QR Code and enter the transfer amount
- Enter secret code and validate the transfer
During transfer operations, the recipient wallet holder receives the transferred amount instantly.
Transfer to My Bank
Customers can transfer money to their previously linked DIAMA BANK SA bank account at any time within their balance limit and authorizations. Select the bank account in the application, enter the transfer amount, and confirm the operation. The bank account is instantly credited with the transferred amount.
Transfer from My Bank
Customers can transfer money from their previously linked DIAMA BANK SA bank account at any time within their balance limit and authorizations. Select the bank account in the application, enter the transfer amount, and confirm the operation. The bank account is instantly debited with the transferred amount.
Make Available
Customers can transfer money to a person without a DIAMACASH account at any time. Enter the recipient's full name, ID number, and active phone number in the application. The recipient can then visit any authorized distributor to collect the funds within 24 hours.
Sponsorship
Customers can sponsor another DIAMACASH account at any time. Enter the recipient's phone number, the amount they can use, and the usage duration in the application. During sponsorship operations, the recipient wallet holder can immediately use the associated funds.
Standing Order
Customers can initiate standing orders to another DIAMACASH account at any time. Enter the recipient's phone number, transfer amount, frequency, and transfer end date in the application. Transfers are then processed according to frequency, fund availability, and customer wallet limits.
Merchant Payment
Customers can pay for purchases from their DIAMACASH Wallet at accepting merchants with a DIAMACASH PRO Wallet or any application interoperable with DIAMACASH, by scanning the QR code generated by the Mobile application or entering the payment code generated by the merchant's Mobile application.
Before validating any transaction made from the DIAMACASH Wallet, a screen displays the operation summary and requests validation by entering the Customer's secret code on the DIAMACASH Mobile Application.
The services offered are subject to enhancement and will be displayed and accessible on the application as they are added.
Transaction History
The DIAMACASH application provides Wallet holders access to a 30-day transaction history for all operations performed via the Wallet.
Mini-Statement Request
The DIAMACASH application allows customers to receive their last 5 transactions by email in Excel, CSV, or PDF format.
Secret Code Change
The DIAMACASH application allows customers to directly modify their secret code.
Wallet Closure Request
The DIAMACASH application allows customers to initiate wallet closure requests.
Contact Support
The DIAMACASH application allows customers to directly contact customer service via the Contact Us feature.
Article 1 - Information Required for Registration
For proper service management, the following information is needed:
- Full name
- Date of birth
- Phone number
- Email address
- Identity document number
- Customer's country of residence
This information will be verified at the distributor during the customer's first transaction (Cash-In or Cash-Out). If the information corresponds to what was registered, a signature will be affixed by the customer and the distributor, and a copy of the customer's ID will be retained.
Article 2 - Secret Code
The Secret code is communicated by the Customer on the first activation of their Service.
This secret code is used to validate online operations and access the DIAMACASH service.
The secret code is for the Customer's exclusive use. In no case may they communicate this code to a third party.
They must take all necessary measures to preserve its confidentiality and not write it in any manner that would facilitate third-party knowledge of it.
It is recommended to change the code regularly. The customer may change it as many times as desired for any reason.
In case of loss or forgotten code, after 5 failed secret code entry attempts, the account will be automatically blocked.
The holder must immediately contact the Bank by calling the Customer Relations Center (CRC) at +224 627 13 88 00.
The Customer commits to being the sole user of these codes and using them for exclusive personal use.
The Customer formally prohibits:
- Communication of their codes to any individual or legal entity whatsoever
- Noting the secret code in clear form on any medium whatsoever and more particularly on the mobile phone. For preserving its security, the secret code must only remain in the Customer's memory.
Article 3 - Connection and Access to the Mobile Application
For effective Service use, the Customer should ensure having a smartphone using IOS or Android operating system and a SIM card. This smartphone should allow Internet connection via Wi-Fi or mobile network. The Customer should not forget to consider costs generated by Internet connection to use the service.
To access the DIAMACASH Service, the Customer must initially download the DIAMACASH Mobile application (available on the Apple Store for IOS and Google Play for Android).
The Service is reserved for use by persons over 18 years of age.
Article 4 - Service Operation
To use the Service, the Customer must indicate their phone number and secret code in the DIAMACASH Mobile application.
For security reasons, the first login requires the Customer to enter a confirmation code sent via SMS by DIAMACASH.
Article 5 - Service Acceptance Mechanisms
Service acceptance mechanisms are as follows:
For customer services (loading and unloading operations, transfers, payments, etc.), validation is done by entering the secret code in the DIAMACASH Mobile Application.
The Customer acknowledges and accepts that their secret code constitutes their electronic signature, and that any operation performed using this code is considered validly executed by the Customer.
Through this Contract, the Bank is authorized to comply with instructions given by the Customer via the use of their secret code by means of the DIAMACASH Mobile application.
Transactions carried out via the DIAMACASH Wallet benefit from a double validation mechanism:
- The holder's secret code or biometric data
- An OTP (One Time Password) sent by SMS to the registered phone number
Article 6 - Payment Operations
The Customer acknowledges that payment orders sent by their secret code are final and irrevocable.
The Bank will credit or debit the account according to data it receives.
Under no circumstances may the Customer request the cancellation or modification of an order duly issued and executed.
The only exception is cases of fraud or technical errors.
Article 7 - Obligations of the Parties
The Bank:
DIAMA BANK SA commits to providing the service according to the terms defined in this Contract.
The Bank disclaims all liability in case of malfunction due to incompatibility of the customer's personal equipment or hardware configuration.
The Bank is not responsible for malfunctions attributable to Internet access providers and mobile telephony operators chosen by the User.
The Bank cannot be held responsible for any damage resulting from fault, non-performance, or poor performance attributable to the User, or force majeure.
In no case shall the Bank be held to repair any direct or indirect damages possibly suffered by the User.
The Customer:
The Customer must take all measures to keep their smartphone in their possession at all times and preserve the confidentiality of their codes.
The Customer must use the service in accordance with the purposes specified in this Contract. They assume the consequences of Service use as long as they have not made an opposition (or blocking) request under the conditions provided in Article 9 below.
The Customer commits to updating information provided during registration if it changes.
The Customer also declares accepting in advance the characteristics and limitations of the Internet, particularly regarding technical performance, response times, consultation, query, or data transfer times.
The Customer holding multiple Wallets domiciled at different institutions is responsible for designating or modifying their "default Wallet."
The Customer is responsible for operations performed via their DIAMACASH Wallet. The bank disclaims all liability related to executing a transaction by error to a different beneficiary than desired or an amount other than intended during the action.
The Customer is responsible for their use. The bank disclaims all liability in case of secret code disclosure or fraudulent or abusive use.
Any fraudulent or abusive use of the DIAMACASH Wallet is subject to sanctions provided in accordance with laws and regulations in force.
Article 8 - Service Interruption
The Bank may block total access to DIAMACASH services for security reasons or suspicion of unauthorized or fraudulent operations. This blocking decision will be notified to the Customer in all cases. Where applicable, the Customer is obliged not to make total or partial use of the Service.
The Service may be periodically interrupted for short periods for technical reasons, particularly to perform maintenance operations.
Article 9 - Opposition or Blocking of Service by Customer
In case of theft, misappropriation, or any fraudulent use of their access codes or smartphone, the Customer must promptly inform the Bank to block Service access.
In all cases, the customer must immediately:
- Alert the bank
- Or call the bank's Customer Relations Center (CRC) by phone following their contact's instructions
Article 10 - Service Pricing
The following services are offered free of charge to DIAMACASH Wallet holders:
- DIAMACASH Wallet subscription
- DIAMACASH Wallet loading
- Payment at merchants or other service providers
- Deregistration
Commissions are charged according to the pricing table below:
| Tiers |
Sending Fees |
Withdrawal Fees |
| 2,000 GNF - 30,000 GNF |
200 GNF |
- |
| From 30,001 GNF |
400 GNF |
- |
| 2,000 GNF - 3,200,000 GNF |
- |
0.95% |
| 3,200,001 GNF - 5,000,000 GNF |
- |
0.85% |
| From 5,000,001 GNF |
- |
0.75% |
The Customer bears connection costs charged by their Internet access provider when using the Service, as well as telephone communication costs they may initiate within the framework of service use or for any supplementary information request related to it.
Article 11 - Contract Duration - Termination
This Contract is concluded for an indefinite duration.
It may be terminated at any time by the Customer in their DIAMACASH account or by the Bank.
Termination by the Customer takes effect thirty (30) days after receipt of their termination request, subject to proper execution of payment operations performed using the Service and still in progress.
Termination by the Bank takes effect fifteen (15) days after sending its notification to the Customer, subject to proper execution of payment operations performed using the service and still in progress.
The Customer commits to respecting all contractual obligations placed on them under this User Contract until termination becomes effective.
From the termination date, the Customer will no longer have the right to use the service and the Bank may take all useful measures to this end.
Article 12 - Contract Modification
The Bank reserves the right to make modifications to this Contract, which will be communicated to the Customer by message via the bank's communication channels 30 days before their effective date. Absence of objection notified to the Bank before expiration of the aforementioned period constitutes acceptance of these modifications. If the Customer does not accept the modifications, they have the right to immediately terminate this Contract without fees.
Article 13 - Service Discontinuation
In case of Service provision discontinuation, the Customer will be informed with three (3) months notice of the dates and conditions of Service provision discontinuation.
Article 14 - Applicable Law, Jurisdiction, Disputes
The contract is governed and interpreted according to Guinean law. The parties declare submission to laws and regulations in force in the Republic of Guinea. Any dispute related to its interpretation or execution that has not been resolved amicably will be brought before the competent courts of Conakry.