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Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) - Business - Nairaland

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₦‎1 Trillion Old Notes Received By CBN, Banks - Emefiele / CBN To Block Bank Accounts Of 18 Companies (Full List) / CBN Introduces ‘Naira 4 Dollar Scheme’ For Diaspora Remittances (2) (3) (4)

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Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by oshozondii: 5:51pm On Mar 22, 2021
The Central Bank of Nigeria (CBN) has released a list of approved international money transfer operators (IMTOs).

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.
https://www.thecable.ng/full-list-money-transfer-operators-authorised-by-cbn-to-facilitate-foreign-remittances

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

1 Share

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by Xenry: 7:31pm On Mar 22, 2021
Who else is wondering why this thread is on Front-page? angry

95 Likes 6 Shares

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by slawormiir: 7:31pm On Mar 22, 2021
Damnnn niggarrrr
Isoright....

Na them sabi...

We real niggarrrrs know how to receive and transfer our dope cash

12 Likes 3 Shares

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by Bobotic(m): 7:32pm On Mar 22, 2021
Okay shocked

2 Likes

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by Commonguy(m): 7:32pm On Mar 22, 2021
hmm alright nah
Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by adesegun121(m): 7:32pm On Mar 22, 2021
Ok
Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by Xenry: 7:32pm On Mar 22, 2021
Abeg make una Delete Nigeria from being a country sad
All this rubbish for what na? sad

3 Likes 2 Shares

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by tunapawizzy: 7:33pm On Mar 22, 2021
nothing beats Binance p2p

18 Likes 1 Share

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by bigfish3k: 7:33pm On Mar 22, 2021
Regulation is good as far as it's for the good of the people and not for selfish or punitive reasons

2 Likes 1 Share

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by inoki247: 7:34pm On Mar 22, 2021
All this Abuja Aboki nko I no see there name for dere....


if you like monopolize foreign currency...

Crypto to the rescue...

2 Likes

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by NwaNimo1(m): 7:35pm On Mar 22, 2021

2 Likes

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by Omoluabi1stborn: 7:35pm On Mar 22, 2021
Xenry:
Who else is so wondering why this is on Front-page? angry
Lol, love your meme

3 Likes 1 Share

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by GeneralPula: 7:35pm On Mar 22, 2021
Bitcoin that’s the fastest and safest means with zero stress isn’t among that list..

Fvck the list..

1 Like 1 Share

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by KnowledgeVault: 7:35pm On Mar 22, 2021
“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.

3 Likes

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by straighttalk(m): 7:36pm On Mar 22, 2021
Okay
Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by VerySolid: 7:36pm On Mar 22, 2021
CBN is just interested in extracting money from these institutions via their ridiculous regulations

1 Like 1 Share

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by YorubaLord: 7:37pm On Mar 22, 2021
Foolish Bastards! angry
Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by orikoku: 7:37pm On Mar 22, 2021
I can't find my name there.

1 Like 1 Share

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by lizard97: 7:39pm On Mar 22, 2021
Okay

1 Like 1 Share

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by Grace001: 7:40pm On Mar 22, 2021
Mmmmmm
Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by Xenry: 7:40pm On Mar 22, 2021
Omoluabi1stborn:

Lol, love your meme

1 Like

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by manitoba(m): 7:42pm On Mar 22, 2021
I can see paypal there. Is this the much awaited respite? Well, Crypto will also have an important role to play.

2 Likes 1 Share

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by paddyDIGITAL(m): 7:44pm On Mar 22, 2021
Impressive. PayPal to the rescue.

1 Like

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by Bornboy4: 7:45pm On Mar 22, 2021
What about that?
Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by Kingpele(m): 7:47pm On Mar 22, 2021
I used to respect CBN back in the days but not anymore ,the present crop of leaders in this organization and indeed in the federal government have run out of ideas on how to improve life sustainable plans

9 Likes 2 Shares

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by cooooooks(m): 7:47pm On Mar 22, 2021
What does this actually mean for most peeps receiving foreign exchange?
Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by KingOfAmebo(m): 7:47pm On Mar 22, 2021
So CBN now listed PayPal that refused Nigerians from receiving payment into their account...

Can someone please inform the backward thinking CBN that Nigerians still can't receive payments in their PayPal account.

NB
I mean regular PayPal account and NOT the one you have to link as a business account through flutterwave, PayPal Nigeria doesn't receive payments as obtainable in the over 150 countries they operate in.

16 Likes 1 Share

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by SEGLIZ: 7:47pm On Mar 22, 2021
ceebeehen

1 Like 1 Share

Re: Money Transfer Operators Authorised By CBN To Facilitate Remittances (Full List) by SenecaTheYonger: 7:49pm On Mar 22, 2021
Trying to tackle inflation with forceful policy.

1 Like 3 Shares

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