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Home Markets Currencies

CBN lists Flutterwave, Paypal, 45 others as approved International Money Transfer Operators

Abiola Odutola by Abiola Odutola
March 22, 2021
in Currencies, Spotlight
CBN reduces over-the-counter withdrawals to N100k, N500k per week for individuals, companies
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The Central Bank of Nigeria (CBN) has listed the approved 47 International Money Transfer Operators in the country.

This was disclosed by the apex bank on via its Twitter handle on Monday.

The money transfer operators, according to the CBN list, are Flutterwave Technology, Paypal Inc, Western Union, e-Tranzact Limited, Interswitch Limited, Moneygram, and Cashpoint Limited among others.

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List of Approved International Money Transfer Operators…https://t.co/Aiazj6m1pl

— Central Bank of Nigeria (@cenbank) March 22, 2021

Click here to see the full list:


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Tags: CBNFlutterwave IncInternational Money Transfer OperatorsPaypal
Abiola Odutola

Abiola Odutola

For further inquiries about this article, contact: Email: abiola.odutola@nairametrics.com Twitter: @AbiolaOdutola @nairametrics

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Comments 3

  1. CHINEDU IKECHUKWU JOSEPH says:
    March 23, 2021 at 10:18 am

    Good day,
    I wish to confirm this new approval from CBN, does it mean we can have access to do transactions with the the services in Nigeria ??. PayPal Inc for example ?

    Reply
  2. Ochie Ofonna Emmanuel says:
    March 24, 2021 at 11:54 am

    Does this improve the maximum International transactions done with our naira card ?

    Reply
  3. David godstime says:
    August 3, 2021 at 3:06 pm

    Can I receive and send money with Paypal in Nigeria

    Reply

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