{"id":4062,"date":"2026-07-17T08:00:00","date_gmt":"2026-07-17T06:00:00","guid":{"rendered":"https:\/\/j-cred.co.za\/helpcenter\/rica-vs-fica-whats-the-difference\/"},"modified":"2026-07-17T08:00:00","modified_gmt":"2026-07-17T06:00:00","password":"","slug":"rica-vs-fica-whats-the-difference","status":"publish","type":"docs","link":"https:\/\/j-cred.co.za\/zh\/helpcenter\/rica-vs-fica-whats-the-difference\/","title":{"rendered":"RICA vs FICA: What&#8217;s the Difference?"},"content":{"rendered":"<p>RICA and FICA sound similar and are often confused, but they do different jobs.<\/p>\n<h2>RICA<\/h2>\n<ul>\n<li>Governs <strong>SIM card registration<\/strong> for mobile communications.<\/li>\n<li>Set out in the Regulation of Interception of Communications Act, 2002.<\/li>\n<li>Ensures a SIM is linked to a verified identity before it can be used.<\/li>\n<\/ul>\n<h2>FICA<\/h2>\n<ul>\n<li>Governs <strong>anti-money-laundering and customer due diligence<\/strong> for financial institutions.<\/li>\n<li>Set out in the Financial Intelligence Centre Act, 2001.<\/li>\n<li>Requires accountable institutions to identify, verify and monitor customers and report suspicious activity.<\/li>\n<\/ul>\n<h2>In short<\/h2>\n<p>RICA is about who is using a SIM card. FICA is about who is using a financial product. A customer may need to satisfy both when, for example, they register a SIM and open a mobile money account.<\/p>\n<p><em>This article is for general education and is not legal advice. Always confirm the latest requirements with the relevant regulator or your service provider.<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>RICA and FICA sound similar and are often confused, but they do different jobs. RICA Governs SIM card registration for mobile communications. Set out in the Regulation of Interception of Communications Act, 2002. Ensures a SIM is linked to a verified identity before it can be used. FICA Governs anti-money-laundering and customer due diligence for financial institutions. Set out in the Financial Intelligence Centre Act, 2001. Requires accountable institutions to identify, verify and monitor customers and report suspicious activity. In short RICA is about who is using a SIM card. FICA is about who is using a financial product. A customer may need to satisfy both when, for example, they register a SIM and open a mobile money account. This article is for general education and is not legal advice. Always confirm the latest requirements with the relevant regulator or your service provider.<\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_eb_attr":"","_templately_pack_id":"","_templately_imported_at":"","_templately_source":"","_templately_import_session_id":"","footnotes":""},"doc_category":[37],"doc_tag":[],"class_list":["post-4062","docs","type-docs","status-publish","hentry","doc_category-fica-cdd"],"blocksy_meta":{"styles_descriptor":{"styles":{"desktop":"","tablet":"","mobile":""},"google_fonts":[],"version":8}},"year_month":"2026-10","word_count":141,"total_views":"1","reactions":{"happy":"0","normal":"0","sad":"0"},"author_info":{"name":"KTO Digital Admin","author_nicename":"tsholo","author_url":"https:\/\/j-cred.co.za\/zh\/author\/tsholo\/"},"doc_category_info":[{"term_name":"FICA &amp; Customer Due Diligence","term_url":"https:\/\/j-cred.co.za\/zh\/docs-category\/telecom-compliance\/fica-cdd\/"}],"doc_tag_info":[],"_links":{"self":[{"href":"https:\/\/j-cred.co.za\/zh\/wp-json\/wp\/v2\/docs\/4062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/j-cred.co.za\/zh\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/j-cred.co.za\/zh\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/j-cred.co.za\/zh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/j-cred.co.za\/zh\/wp-json\/wp\/v2\/comments?post=4062"}],"version-history":[{"count":0,"href":"https:\/\/j-cred.co.za\/zh\/wp-json\/wp\/v2\/docs\/4062\/revisions"}],"wp:attachment":[{"href":"https:\/\/j-cred.co.za\/zh\/wp-json\/wp\/v2\/media?parent=4062"}],"wp:term":[{"taxonomy":"doc_category","embeddable":true,"href":"https:\/\/j-cred.co.za\/zh\/wp-json\/wp\/v2\/doc_category?post=4062"},{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/j-cred.co.za\/zh\/wp-json\/wp\/v2\/doc_tag?post=4062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}