AccessAfrica is a payment product designed to simplify Global payments by Person to Person (P2P), Business to Business (B2B), Person to Business (P2B), Government to Person (G2P) and any other payment activities/flows. It enables efficient and effective transfers including but not limited to school fees payment, remittances, merchant payments, e-commerce payments, trade payments, diaspora workers payments, etc.
AccessAfrica project has a Global aspiration but it is being delivered in phases with Africa as its immediate focus.
AccessAfrica allows customers initiate payments in the local currency of the initiating jurisdiction andthe beneficiary receives a direct credit to his account or cash in the local currency.
With AccessAfrica,the world is now closer than everas you canenjoy instant borderless banking.
Positioning Statement
AccessAfrica is a payment platform, an answer for individuals or businesses, who desire to carry out instant global payments.
Message
The world is now closer than ever.
Enjoy instant borderless Banking.
Features
Send in local currency and receive in local currency (LCY).
Send in USD and receive in local currency or a domiciliary account.
Online real time transactions.
Fast
Affordable
Convenient
Benefits
Easy payment initiation and receipt.
Speedy and straight through processing.
Secure payment solution.
Transparency in pricing and low cost to customers.
Easy tracking of transactions.
Use of local currency to effect cross currency payment especially for retail clients.
Elimination of risk associated with cash based transactions in the region.
Create an opportunity to maintain ties with family and friends.
FAQs
Account Holder:$5 Flat fee + 1% Variable fee on principal per transaction
B. For Nigeria & Subsidiaries:
Pricing will be reflected by each subsidiary
Ghanaians | Foreigners |
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The beneficiary will be paid in the currency as per request from the sender, subject to the local regulations of the receiving country.
Ghana - Cedi or GHS
Nigeria – Naira or NGN
Congo – USD or Congolese Franc
Rwanda – USD or Rwandan Franc
Gambia – Dalasi
Zambia – USD or Kwacha
Sierra Leone – USD or Leone
The required documents are:
- A duly completed AccessAfrica ‘Send Form”
- A Valid ID
- Valid ID
- Reference Code
- Test Question & Answer.
However, when account details are stated by sender, funds will be terminated into the specified account and therefore does not require the beneficiary’s physical presence.
Ghana - $10,000 per year/per customer
- Cash-To-Cash (Transfer by Walk-in sender to a walk in beneficiary)
- Cash-To-Account (Transfer by a Walk-in sender to an Account holder)
- Account-To-Cash (Transfer by an Account holder to a Walk-in beneficiary)
- Account-To-Account (Transfer by an Account holder to an Account holder)
AccessAfricais affordable at a benefit that cannot be compared with similar products.