The Agricultural Development Bank (ADB) PLC has joined the Pan-African Payment and Settlement System (PAPSS) to facilitate cross-border payments among African countries, and strengthen regional trade and financial integration.
Through this partnership with PAPSS, businesses and individuals can now send money instantly across African countries such as Guinea, Gambia, Liberia, Sierra Leone, and Nigeria.
This service is now available at all ADB branches, and it is seamless, real-time, and cost-effective.
In his remarks on the service expansion, the Managing Director of ADB, Edward Ato Sarpong, emphasised the Bank's commitment to leveraging technology and innovation for national and regional economic growth.