What it means for you
Experience seamless African payments today with CalBank.
With the Pan-African Payment and Settlement System (PAPSS) integrated into CalBank App and CalNet, sending money to your business partners, friends, or family across Africa has never been easier. Transfer funds instantly, securely, and in local currencies to countries like Nigeria, Kenya, Liberia, Sierra Leone, Zambia, and more, all from the comfort of your phone or online banking.
PAPSS
PAPSS is integrated into the CalBank App and CalNet, making it fast and in real time.
- Convenient way of making payments across Africa.
- Businesses can easily trade with each other within this single market.
- Importers can save transaction costs as third-party currencies are eliminated.
- The best time for exporters to take advantage of the single market to scale up their businesses.
- Settlement is guaranteed by Afreximbank.
- Customers are safe from border challenges and transportation issues.
You must be signed into the CalBank App or CalNet
You must be a Ghana Card holder.
- Documentation requirements for Foreign Exchange Act is applicable.