Access Africa

AccessAfrica is a payment product designed to simplify Global payments by Person to Person (P2P), Business to Business (B2B), Person to Business (P2B), Government to Person (G2P) and any other payment activities/flows. It enables efficient and effective transfers including but not limited to school fees payment, remittances, merchant payments, e-commerce payments, trade payments, diaspora workers payments, etc.

 

AccessAfrica project has a Global aspiration, but it is being delivered in phases with Africa as its immediate focus.

 

AccessAfrica allows customers initiate payments in the local currency of the initiating jurisdiction or US Dollars while the beneficiary receives a direct credit to his account or cash in the local currency or US Dollars (provided send currency is USD and beneficiary has a USD account) in line with local procedures.



Features

  • Send in local currency and receive in local currency (LCY).
  • Send in USD and receive in local currency or a domiciliary account.
  • Online real time transactions.
  • Fast
  • Affordable
  • Convenient

Benefits

  • Easy payment initiation and receipt.
  • Speedy and straight through processing.
  • Secure payment solution.
  • Transparency in pricing and low cost to customers.
  • Easy tracking of transactions.
  • Use of local currency to effect cross currency payment especially for retail clients.
  • Elimination of risk associated with cash-based transactions in the region.
  • Create an opportunity to maintain ties with family and friends.

Latest News

Access Bank PLC and KCB Group PLC Sign Binding Offer on Acquisition of National Bank of Kenya (NBK) Public Notice: Change In Loan Interest Rate PUBLIC ANNOUNCEMENT - RATE INCREASE ANNOUNCEMENT OF US$300 MILLION INVESTMENT INTO ACCESS BANK PLC Discontinuation of Acquisition of Sidian Bank Ltd