ADB joins PAPSS to enhance cross-border payments

The Agricultural Development Bank (ADB) PLC has joined the Pan-African Payment and Settlement System (PAPSS). This partnership aims to improve cross-border payments in Africa. It will also strengthen regional trade and financial integration.

Now, businesses and individuals can send money instantly across several African countries. These include Guinea, Gambia, Liberia, Sierra Leone, and Nigeria.

This service is available at all ADB branches. It is seamless, real-time, and cost-effective.

Edward Ato Sarpong is the Managing Director of ADB. He highlighted the bank's commitment to using technology for economic growth.