Access Bank Unveils Platform To Promote Local-currency Transfers Across Africa

Access Bank Plc has launched its Zero-Fee Outbound Campaign to drive adoption of the Pan-African Payment and Settlement System (PAPSS) through the Access Africa platform.

According to a statement, the bank said customers can send money from Nigeria in Naira to other African countries, while beneficiaries receive the funds in their local currencies, all with zero outbound transfer cost From February 1 to April 30, 2026.

It was learnt that by removing outbound charges on eligible PAPSS transactions, Access Bank is lowering the barrier to cross-border payments and allowing individuals and businesses to experience the speed, affordability and seamlessness of African payments processed in local currencies.

LEADERSHIP reports that PAPSS enables individuals and businesses to secure real-time transfers between African countries without relying on foreign currencies. Through Access Africa, Access Bank connects customers directly to this network, making it easier to support trade, family commitments, education, and business activities across borders.

Speaking on the initiative, unit head, Remittances at Access Bank, Aminat Olatunji said, the campaign is about removing both cost and complexity from African payments.

“We want customers to see that sending money across Africa does not have to be expensive or complicated. With this campaign, you send in naira, your beneficiary receives in their local currency, and there is no outbound cost.”

She added that the bank is focused on driving real usage, not just awareness, saying that “when people try it and see how easy it is, they understand the value. That is how we build confidence in PAPSS and grow Africa’s payment ecosystem.”