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 AfCFTA Secretariat to facilitate movements of money across Africa.


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


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


ISO certified robust and secure infrastructure compliant to international regulatory standards

What PAPSS means
for You!

Corporates, SMEs and individuals can benefit from:

  • Send and receive money instantly across Africa in local currency
  • No hassle of currency conversion
  • Reduce the need to invoice or pay in hard currency for goods and services
  • Enjoy competitive fee rates for cross-border money transfer within Africa
  • 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.


Visit your bank’s nearest branch or use their mobile app or online banking

Depending on your bank, PAPSS will be accessible through their branches, mobile application or online banking.


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


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.


Bravo! You have successfully initiated your 1st PAPSS transfer

By making this money transfer with PAPSS, you have just participated in the establishment of the AfCFTA on the African continent.

List of available banks on PAPSS

  • Banks in Ghana available on PAPSS to send and receive money in Cedi
    • Absa Bank
    • Access Bank
    • BOA (Bank Of Africa)
    • CAL Bank
    • CBG (Consolidated Bank Ghana)
    • Ecobank
    • FBNBank
    • Fidelity Bank
    • First Atlantic Bank
    • GCB (Ghana Commercial Bank)
    • GT Bank (Guaranty Trust Bank)
    • OMNIBSIC Bank
    • Prudential Bank
    • Stanbic Bank
    • UBA (United Bank for Africa)
    • UMB (Universal Merchant Bank)
    • Zenith Bank

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.

  • Djibouti
  • Kenya
  • Malawi
  • Rwanda
  • Tunisia
  • Zambia
  • Zimbabwe