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CBN releases updated list of IMTOs for diaspora remittances

The Central Bank of Nigeria (CBN) has published an updated list of International Money Transfer Operators (IMTOs) approved for Diaspora Remittances in the country as at April 1.

The updated list, totalling 57 was published by the apex bank via its official website on Monday.

Among the IMTOs listed are: Aftab Currency Exchange Ltd, Nigerian Postal Service, Ria Financial, PayPal Inc, Western Union, Swift Payment Ltd and Worldremit Ltd.

Also on the list are Money Gram, Interswitch Ltd, Paycom Nigeria Ltd, Pagatech Ltd and Flutterwave Technology Solutions Ltd, among others.

TNG reports the full list of the IMTOs for diaspora remittances in the country can be accessed here.