MMomoCalc

PAPSS: How to Send Money Across Africa in Local Currency (2026)

PAPSS is the AU / Afreximbank rail that lets you send in naira and receive in cedis directly — no US dollar, no correspondent bank. Settlement completes in under 120 seconds, but you transact through your own bank (app, branch, internet banking or USSD), not through any third-party app or this site.

This guide aggregates what each bank publishes separately (UBA, Zenith, Ecobank, CalBank), plus the practical limits and real-world friction the bank promos omit.

PAPSS coverage verified June 2026. PAPSS is expanding rapidly — country and bank coverage changes. Confirm with your bank before transacting.

Which countries use PAPSS in 2026? (16 live)

Coverage has grown steadily since the January 2022 launch.

East Africa
🇰🇲Comoros🇩🇯Djibouti🇰🇪Kenya🇷🇼Rwanda
North Africa
🇪🇬Egypt🇲🇦Morocco🇹🇳Tunisia
Southern Africa
🇲🇼Malawi🇿🇲Zambia🇿🇼Zimbabwe
West Africa
🇬🇭Ghana🇬🇳Guinea🇱🇷Liberia🇳🇬Nigeria🇸🇱Sierra Leone🇬🇲The Gambia

Detail pages live: Nigeria · Ghana · Kenya. More countries coming.

How PAPSS actually works

1. Instant payment (the part that affects you). You initiate the payment from your bank (app, branch, internet banking or USSD) in your local currency. Compliance, sanctions and AML checks run inside PAPSS. The recipient is credited in under 120 seconds in their local currency, irrevocably. No USD touch, no correspondent bank.

2. Pre-funding (behind the scenes). Participating banks pre-fund clearing accounts at their central bank. Direct Participants integrate with the national RTGS; Indirect Participants fund via a Direct Participant.

3. Net settlement (each day). Every business day at 11:00 UTC, Afreximbank performs net settlement between the national central banks. This is pure back-office — you never wait for 11:00 to see the credit; the recipient is credited instantly, and the central-bank settlement happens in parallel. ISO 20022 messaging throughout.

How do I send money with PAPSS?

You always transact via your OWN bank — mobile app, branch, internet banking, or USSD depending on the bank. There is no consumer PAPSS app, no website to transact on. Typical steps:

  1. Log into your app / internet banking, or visit a branch.
  2. Pick "International transfer" or "PAPSS" — wording varies by bank.
  3. Pick the destination country and bank; enter the recipient's account number.
  4. Enter the amount in your local currency. The bank shows the PAPSS exchange rate and the receive amount.
  5. Confirm with your PIN, OTP or token. The recipient is credited within 120 seconds.

PAPSS limits (and the bank-promo blind spot)

Individuals : up to ~USD 2,000-equivalent per month without documentation.

SMEs / corporates : up to ~USD 5,000-equivalent per month without documentation.

Above : full FX documentation required. In Nigeria, that's the CBN FX Manual; in Ghana, BoG. Requirements vary by sending country.

Corridor-specific friction : The Nigeria-to-Ghana corridor has a separate per-transaction cap of ~GHS 10,000, with proof of funds and stated purpose required. This is exactly the kind of real friction the bank promos omit — see our Nigeria → Ghana corridor page.

PAPSS fees vary by bank — typically described as "competitive" or "low" in bank communications. We do NOT publish an invented fee table. For exact cost, ask your bank or check their tariff schedule before transacting.

What payment types does PAPSS support?

PAPSS Instant Payment (PIP). The core service: direct account-to-account transfer, in local currency, in under 120 seconds.

Request to Pay (R2P). The recipient sends a payment request to the payer, who approves from their bank. Useful for cross-border commercial invoices.

Escrow. Escrow for commercial transactions — funds held until delivery / execution is confirmed.

Remittance. Personal remittance flows, optimised for intra-African diaspora corridors.

Proxy Addressing. Identify the recipient with a simple alias (phone, email) instead of a full account number + bank code.

Wider ecosystem: PAPSSCARD (card) and PACM (Pan-African Currency Marketplace) are companion products beyond the standard transfer service.

Related resources

PAPSS frequently asked questions

What is PAPSS?
PAPSS (Pan-African Payment and Settlement System) is the African Union and Afreximbank pan-African payment infrastructure, launched on 13 January 2022. It lets individuals, SMEs and corporates send and receive money between African countries in local currencies — naira directly to cedis, for example — without routing through the US dollar or correspondent banks. It's built to enable intra-African trade under AfCFTA.
Who operates PAPSS?
PAPSS is a joint initiative of the African Union (through Afreximbank — the African Export-Import Bank) and African central banks. Afreximbank acts as the settlement agent. Transactions route through participating commercial banks (Direct and Indirect Participants) and clear through the national central banks.
How does PAPSS actually work?
Three processes combined: (1) instant payment — you initiate the payment from your bank in local currency; compliance, sanctions and screening checks run inside the system; the recipient is credited in less than 120 seconds in their local currency, irrevocably. (2) pre-funding — participating banks pre-fund their clearing accounts. (3) net settlement — Afreximbank settles between central banks every business day at 11:00 UTC. ISO 20022 messaging throughout.
Which countries use PAPSS in 2026?
15+ African countries are live as of June 2026: Nigeria, Ghana, The Gambia, Liberia, Guinea, Sierra Leone (WAMZ corridor); Kenya, Djibouti, Rwanda, Comoros (East Africa); Zambia, Zimbabwe, Malawi (Southern Africa); Tunisia, Egypt, Morocco (North Africa, added through 2025-2026). Coverage is expanding rapidly.
How do I send money with PAPSS?
You always transact via your OWN bank — mobile app, branch, internet banking, or USSD depending on the bank. Log in, pick international transfer or the PAPSS option, enter the recipient's account + bank + country and the amount in your local currency. No third-party site, no separate app. Your bank handles the rest.
Is PAPSS cheaper than Wise or SWIFT?
For intra-African transfers, yes in most cases. SWIFT typically costs 7-12% on African remittance corridors (the Sub-Saharan Africa average is 8.45%) because of correspondent banks and FX spread. Wise is competitive on global pairs but still routes through USD for African destinations. PAPSS settles directly in local currency through the central banks — no USD spread; bank fees are 'competitive / low' depending on the bank. See our PAPSS vs Wise vs SWIFT comparison.
What are the PAPSS limits?
Individuals: up to ~USD 2,000-equivalent per month without documentation. SMEs / corporates: up to ~USD 5,000-equivalent per month without documentation. Above those: full FX documentation required (e.g. CBN FX Manual in Nigeria). Some corridors have per-transaction caps — for example, Nigeria to Ghana: ~GHS 10,000 per transaction, with proof of funds + stated purpose required.
Is PAPSS safe?
Yes. Compliance, sanctions and AML checks are built into the system itself. Transactions are in local currency (no implicit FX risk on the receiver side), instant and irrevocable once cleared. Afreximbank performs net settlement between national central banks. No third-party site involvement, no card details transmitted — you transact only through your bank.
What payment types does PAPSS support?
The core service is PAPSS Instant Payment (PIP) for transfers. Overlay services exist: Request to Pay (R2P) for payment requests, Escrow for commercial transactions, Remittance for cross-border send, and Proxy Addressing to use a simple ID instead of a full account number. PAPSSCARD and PACM (Pan-African Currency Marketplace) are broader ecosystem extensions.