Direct settlement across South Africa, Nigeria, Kenya, Ghana, Egypt, Morocco, Côte d’Ivoire, and Senegal, each under its own central bank and regulatory regime.
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Each market's own central bank and licensed institutions, under one connection into the network.
Who settles here
Three kinds of members settle through the Africa corridor today.
Licensed payment and mobile money operators settling across African corridors without a separate banking relationship per country.
SARB and CBN-licensed banks extending African reach without opening new branches or negotiating new nostro relationships.
Money transfer operators settling remittance flows into and out of African corridors on one connection into the network.