Fast and affordable money transfer across Africa in Naira 🇳🇬 from your bank account

Transforming the way
we send and receive money across Africa

PAPSS – the Pan-African Payment and Settlement System – is a cross-border payment system developed and operated by Afreximbank in collaboration with the African Union and the AfCFTA Secretariat to facilitate movements of money across Africa. It was launched in 2022 and it operates in 18 countries across 4 African regions.

Faster

Instant cross-border payments processed within a maximum of 120 seconds

Safer

ISO certified robust and secure infrastructure compliant to international regulatory standards

Cheaper

More affordable transfers fees with the aim to boost intra-African trade and commerce

What PAPSS means
for You!

Individuals, Traders, SMEs, and Corporates in Nigeria can benefit from:

  • Pay for goods, invoices, salaries, school fees or just send money to your family and friends
  • Individuals and traders can send up to $2,000 USD equivalent in Naira monthly without documentation
  • SMEs and Corporates can send up to $5,000 USD equivalent in Naira monthly without documentation
  • No hassle of currency conversion – Pay in Naira (provide documentations for payments beyond the limits)
  • Enjoy competitive fees for cross-border money transfer within Africa
  • Available across your bank mobile app and branches
  • Using PAPSS for your money transfers across Africa means supporting the establishment of the AfCFTA

How to send money with PAPSS?

With PAPSS, you are sending money from your bank account. Therefore, you can only use PAPSS through the banks connected to the system.

1

Open your bank mobile app or visit your bank’s nearest branch

PAPSS is available on mobile apps at Access Bank (AccessMore), Lotus Bank (Lotus Bank app), Sterling Bank (SterlingPro), UBA (LEO), Wema Bank (ALAT); and it is available in all branches of over 22 banks in Nigeria.

2

Speak to one of the bank staff at the branch about sending money with PAPSS (for branch only)

Staff in the branches of available banks have undergone trainings to initiate transfer of funds on PAPSS. If you encounter any difficulties, please inform us at info@papss.com.

3

Follow the instructions

Adhere to the requested instructions at the branch or on the mobile or online banking in order to successfully complete the transfer.

4

Bravo! You have successfully initiated your 1st PAPSS transfer.

By choosing PAPSS for your money transfer, you’re not only saving time and money for yourself, you’re contributing to a more connected and prosperous Africa.

Where is it available?

  • Banks in Nigeria available on PAPSS to send and receive money in Naira

    With PAPSS, send money directly from your bank account using your bank’s mobile app or by visiting your nearest branch. Receiving money is effortless, your money will be instantly credited to your bank account, no action required.

    • Access Bank | Mobile app (AccessMore) & branches
    • Coronation Merchant Bank | Branches
    • Ecobank | Branches
    • FBNQuest Merchant Bank | Branches
    • Fidelity Bank | Branches
    • FSDH Merchant Bank | Branches
    • First Bank | Branches
    • Jaiz Bank | Branches
    • Keystone Bank | Branches
    • Lotus Bank | Mobile app (Lotus Bank Mobile Banking) & branches
    • Optimus Bank | Branches
    • Parallex Bank | Branches
    • Polaris Bank | Branches
    • Providus Bank | Branches
    • Stanbic IBTC | Branches
    • Sterling Bank | Mobile app (SterlingPro) & branches
    • TajBank | Branches
    • UBA | Mobile app (LEO) & branches
    • Union Bank | Branches
    • Unity Bank | Branches
    • Wema Bank | Mobile app (ALAT) & branches
    • Zenith Bank | Branches
  • Banks in Ghana to send money to
    • Absa Bank
    • Access Bank
    • Agricultural Development Bank
    • BOA (Bank Of Africa)
    • CAL Bank
    • CBG
    • Ecobank
    • FBNBank
    • Fidelity Bank
    • First Atlantic Bank
    • GCB
    • GT Bank
    • National Investment Bank
    • OMNIBSIC Bank
    • Prudential Bank
    • Stanbic Bank
    • UBA
    • UMB (Universal Merchant Bank)
    • Zenith Bank
  • Banks in Liberia to send money to
    • AccessBank Liberia
    • Afriland First Bank
    • Bloom Bank
    • Ecobank
    • GT Bank
    • IBL (International Bank Liberia)
    • SIB (Sapele International Bank Liberia)
    • UBA

Countries soon available

Banks in these countries are currently being integrated to PAPSS and will be soon ready to send and receive money on the system.

  • Algeria
  • Comoros
  • Egypt
  • Morocco
  • Tunisia