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Full List of Money Transfer Operators Authorized By CBN To Facilitate Remittances
Posted by Thandiubani on Tue 23rd Mar, 2021 - tori.ngA list of all the international money transfer operators approved by the federal government has been made public.
CBN
Over 40 international money transfer operators (IMTOs) have been approved to commence operation by the Central Bank of Nigeria.
IMTOs accept cash for the purpose of transmitting to persons resident in Nigeria or another country. They also carry out cross-border transfer services for personal purposes such as money transfer services towards family maintenance and money transfer services for foreign tourists visiting Nigeria.
As part of efforts to deepen foreign exchange liquidity, the apex bank directed deposit money banks (DMBs) to close naira accounts of IMTOs in December 2020.
“This is to ensure that diaspora remittances are received by beneficiaries in foreign currency only (cash and/or transfers to domiciliary accounts of recipients),” the CBN had said.
The CBN recently warned that unlicensed money transfer operators would have their accounts in Nigerian banks closed, including being restricted from accessing banking services in the country.
Below is a list of IMTOs authorised by the CBN:
SN OPERATOR ADDRESS
1 AFTAB CURRENCY EXCHANGE LIMITED Pall Mall Court, 61-67 King Street, Manchester, M2 4PD, United Kingdom
2 AZIMO LIMITED 173 Upper Street London, NI IRG United Kingdom
3 BELYFTED LIMITED
44 Whalebone Lane South Dagenham, Essex RMB 1BB, United Kingdom
4 CAPEREMIT UK LIMITED
47 Stanley Road Stevenage Hertfordshire SG2 OEE United Kingdom
5 CASHPOT LIMITED
157, Deptford High Street SE8 3NU, London United Kingdom
6 CENTREXCARD LIMITED
Unit 46, Dartford Business Park (Basepoint) Victoria Road, Dartford DA1 5FS, Kent, UK
7 CHIME INC.
239 East 5th Street Suite 4B New York, NY 10003 United States
8 COLONY CAPITAL LIMITED
Plot 5 Chief Yesefu Abiodun Way Oniru, Victoria Island Lagos
9 CP EXPRESS LIMITED
346 Barking Road London, E13 8HL
10 DT&T CORPORATION LIMITED
3 Harbour Exchange Square London E14 9GE
11 eTRANZACT LIMITED
4th & 5th Floors, Fortune Tower 27/29 Adeyemo Alakija Street Victoria Island Lagos
12 FIEM GROUP LLC DBA PING EXPRESS
1327, Empire Central Drive St. 110-6 Dallas Texas
13 FIRST APPLE INC.
6492 Landover Road Suite A1 Landover MD20785 Cheverly, USA
14 FLUTTERWAVE TECHNOLOGY SOLUTIONS LIMITED
8 Providence Street, Lekki Phase 1 Lagos
15 FORTIFIED FRONTS LIMITED in Partnership with e-2-e PAY LIMITED
#15 Glover Road Ikoyi, Lagos
16 FUNDS & ELECTRONIC TRANSFER SOLUTION
No. 15, Cameron Road, Ikoyi, Lagos
17 FUNTECH GLOBAL COMMUNICATIONS LIMITED
Clarendon House 125 Shenley Road Borehamwood Heartshire WD6 1AG United Kingdom
18 GLOBAL CURRENCY TRAVEL & TOURS LIMITED
1280 Ashton Old Road Manchester, M11 1JJ United Kingdom
19 HOMESEND S.C.R.L
Rue des Colonies 56, 6th Floor-B1000 Brussels Belgium
20 IDT PAYMENT SERVICES INC.
520 Broad Street USA
21 IMMUEUBLE WARI LIMITED
20 Rue Amadou Assane Ndoye 7 Etge BP 32 368 Dakar Dakar Senegal
22 INTERSWITCH LIMITED
Plot 1648C Oko-Awo Close Victoria Island Lagos
23 MAKEBA INC.
85, Broad Street, 18th FI New York, NY 10004
24 MONEYGRAM
Africa Re-Insurance Building 1679, Karimu Kotun Victoria Island, Lagos
25 NAIRA GRAM LLC operating in Nigeria as NGN GRAM LIMITED
24b Femi Okunnu Phase 2, Lekki Lagos State
26 NIGERIAN POSTAL SERVICE (NIPOST)
P.M.B 12537, Garki Abuja
27 NOUVEAU MOBILE LIMITED
c/o 31B Oyeleke Street Alausa Ikeja, Lagos
28 PAGATECH LIMITED
176 Herbert Macaulay Way Yaba, Lagos
29 PAYCOM NIGERIA LIMITED
Plot 8, Dr. Nurudeen Olowopopo Avenue Alausa, Lagos
30 PAYPAL INC.
#2211 North First Street San Jose, CA95131 United States of America
31 REMIT HUB CAFÉ LIMITED
175 Chesterton Road Cambridge, CB4 1AF United Kingdom
32 REMITLY INC.
111 Third Avenue Suite 2100 Seattle, WA 98101 United States
33 RIA FINANCIAL
1 Allées Seydou Nourou TALL POINT E Dakar – Senegal
34 SHIFT FINANCIAL SERVICES LIMITED
No.1 Goba Close (Suite 3), Off Monrovia Street Off Aminu Kano Crescent Wuse 2, Abuja
35 SIMPLIFY INTERNATIONAL SYNERGY LIMITED
No. 18, A-Close, 14 Road Gwarimpa, Abuja
36 SMALL WORLD FINANCIAL SERVICES GROUP LIMITED Antonio Inesta Units 3&4 Sycamore Court Royal Oak Yard 168-170 Bermondsey Street SE1 3TQ, London
37 TCF LIMITED
2A Osborne Road Pees Galleria, Suite 4 Ikoyi, Lagos
38 TRANS-FAST REMITTANCE LLC
44 Wall Street, Suit 400 New York, NY10005 USA
39 TRANSFERTO MOBILE FINANCIAL SERVICES LIMITED (THUNES)
London Iron House London SE1 1UN United Kingdom
40 VENTURE GARDEN NIGERIA
Plot E, Ziatech Road Oregun, Ikeja Lagos
41 VOLOPA FINANCIAL SERVICES (SCOTLAND) LIMITED
Maclay Murray & Spens LLP 1 George Square, Glasgow, G2 1AL
42 VTNETWORK LIMITED
No.5 Beckley Street, Off Adeyi Avenue Old Bodija, Ibadan Oyo State
43 WEBLINK INTERNATIONAL LIMITED
The Enterprise Centre (Unit 1) Hastings Road, Bromley Kent BR2 8NA, London
44 WESTERN UNION 7th Floor, Shore 13 1100 Boulevard Al Qods-Quartier Sidi Maarouf 20270 Casablanca- Morocco
45 WORLDREMIT LIMITED
2nd Floor, 62 Buckingham Gate London SW1E 6AJ
46 XPRESS MONEY SERVICES LIMITED
Office #426, 1 Olympic Way Wembley HA9 ONP London, UK
47 XPRESS PAYMENT SOLUTIONS LIMITED
23, Oba Akinjobi Way Ikeja GRA Lagos
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