Non-FATCA Banks in the Democratic Republic of the Congo



Don’t rely on this quick-reference guide, whatever you do! Check IRS website for a FATCA GIIN. Also check whether an intergovernmental agreement is in effect: TREASURY

The U.S. Department of the Treasury makes a show of all the jurisdictions entering into IGA’s and all the FATCA-registered FFI’s but for some strange reason they do NOT make it easy to find the jurisdictions without IGA’s or the banks in those jurisdictions that do NOT participate in FATCA.

Typically this website lists banks with a SWIFT BIC, and smaller banks tend not to have a SWIFT BIC.

If it shows a GIIN then they are FATCA registered.
Name of a financial institution
A FATCA-registered financial institution with a similar name
ACCESS BANK CONGO DR
KINSHASA
NONE
ADVANS BANQUE CONGO
KINSHASA
NONE
AFRILAND FIRST BANK CONGO DEMOCRATIQUE
KINSHASA
NONE
BANK OF AFRICA RDC
KINSHASA
NONE
BANQUE CENTRALE DU CONGO
KINSHASA
NONE
BANQUE COMMERCIALE DU CONGO
KINSHASA
M0U55Q.99999.SL.180 Banque Commerciale Du Congo Congo, Democratic Republic of the
BANQUE INTERNATIONALE DE CREDIT
KINSHASA
F8DB0C.00011.ME.180 Banque Inter. de Credit Congo, Democratic Republic of the
BANQUE INTERNATIONALE POUR LAFRIQUE AU CONGO (BIAC)
KINSHASA
NONE
BGFIBANK RDC
KINSHASA
NONE
BYBLOS BANK RDC
KINSHASA
KEQVXN.00004.ME.180 Byblos Bank RDC S.A.R.L. Congo, Democratic Republic of the
CITIBANK CONGO
KINSHASA
NXUTG8.00125.ME.180 Citigroup Congo S.A.R.L. Congo, Democratic Republic of the
ECOBANK REPUBLIQUE DEMOCRATIQUE DU CONGO SARL
KINSHASA
6CMAXG.99999.SL.180 ECOBANK RDC Congo, Democratic Republic of the
FIRST INTERNATIONAL BANK DRC
KINSHASA
NONE
LA CRUCHE BANQUE SARL
BUTEMBO
NONE
PROCREDIT BANK CONGO SARL
KINSHASA
IZE7QS.00007.ME.180 ProCredit Bank S.A.R.L. Congo, Democratic Republic of the
RAWBANK
KINSHASA
A5XSJ3.99999.SL.180 RAWBANK Sarl Congo, Democratic Republic of the
SOFIBANQUE SARL
KINSHASA
98KAKR.99999.SL.180 SofiBanque SA Congo, Democratic Republic of the
STANDARD BANK RDC SARL
KINSHASA
K6M4MM.99999.SL.180 Standard Bank RDC SARL Congo, Democratic Republic of the
TRUST MERCHANT BANK SARL
KINSHASA
PHZ5FY.99999.SL.180 Trust Merchant Bank sarl Congo, Democratic Republic of the
UNITED BANK FOR AFRICA RDC SARL
KINSHASA
NONE
The boundaries of the United States of America are the boundaries of the United States of America.

Around the world, people are learning that they are “citizens” of the U.S.A., and faced with criminal charges and devastating financial penalties for failing to report to Washington, D.C. their local bank accounts, when they don’t even live in the United States, and under the laws of their country, they are citizens only of their country.

Complicating the problem is that the U.S. Supreme Court gave them back their citizenship even if they did not want it. The court ruled in a manner consistent with U.S. Constitution, Amendment 14, which says:
All persons born or naturalized in the United States, and subject to the jurisdiction thereof, are citizens of the United States, and of the State wherein they reside.


But how can a country unilaterally acquire the authority to tax people overseas? These people are no more U.S.A. “citizens” than U.S. Senator Ted Cruz was a “Canadian” when he learned in 2013 that he was still a citizen of Canada under Canadian law.

The fee to renounce U.S. citizenship is $2,350.00 and they require five years of tax returns and sometimes an exit tax, and in some cases they keep taxing for ten more years. This is unacceptable.

If they want money they should repeal the income tax and use a federal sales tax, based on domestic consumption, which does not invade personal privacy. If you pay with cash there is no paper trail revealing what you buy, so why should there be a paper trail showing how much money you have, or make? Cars built overseas and sold in the U.S.A. would be taxed in the U.S.A., making the U.S.A. more competitive.



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