Financial institutions in Ghana have been instructed to use only 46 registered international money transfer operators (IMTOs) for inward remittances, the Bank of Ghana (BoG) has announced.
The approved companies had met the central bank’s regulatory requirements by October 31, 2026, according to Notice No. BG/GOV/SEC/2026/42.
The notice was signed by Aimee Vyda Quashie, the Bank’s Secretary, and dated Friday, November 6, 2026. It confirmed the registration status of the listed operators.
The register follows a directive issued on January 20, 2026 covering the registration and operation of IMTOs. A subsequent notice on June 12 extended the registration deadline to July 31, 2026.
The BoG has increased its oversight of cross-border money transfers as Ghana’s annual remittance inflows reached US$7.8 billion, exceeding foreign direct investment.
Warning to financial institutions
Commercial banks, specialised deposit-taking institutions, payment service providers and dedicated electronic money issuers must ensure their inward-remittance partnerships involve only the approved operators.
The central bank warned that institutions dealing with unregistered IMTOs could face sanctions.
“The Bank of Ghana wishes to emphasise that any regulated financial institution found to be facilitating or conducting remittance business through an IMTO that is not duly registered by the Bank shall be subject to appropriate regulatory and administrative sanctions under applicable laws and directives,” the notice stated.
The regulator has previously imposed tough sanctions for breaches involving remittances and electronic money.
Approved operators
For households receiving money from relatives overseas, including through major corridors such as the United Kingdom and North America, the register identifies the companies authorised to pay remittances through local banks and mobile money wallets.
The BoG said registered operators use regulated settlement channels covered by central bank safeguarding rules. Those arrangements are intended to protect senders and recipients against blocked payouts, undisclosed foreign-exchange losses and sudden disruption caused by action against unapproved platforms.
The central bank said its website would be updated when the register is revised following further assessments of operators’ compliance.
The 46 approved international money transfer operators are:
1. Reflow Zone LTD (Novac Payment)
2. Moolre Inc
3. One Africa Technologies LTD (OAPay)
4. Egovin Technology LTD
5. Roze Int (PVT) LTD (Roze Remit)
6. Top Connect LTD
7. SikaFX LTD
8. Flex Money Transfer LTD
9. Viamericas Corporation
10. Diamond-Cube LTD (Borga Money)
11. BNB Transfer Corp (BNB/Cauridor)
12. Goldstack Technologies LTD
13. CSL Pay LTD
14. Remit Union LTD
15. Remit Choice LTD
16. I-Transfer Global Payments EP, S.A
17. Terra Payment Services (Mauritius) (TerraPay)
18. Right Card Payment Services LTD (LemFi)
19. Unitylink Financial Services LTD
20. AFRIEX Inc
21. Nairagram LLC
22. Remitly Inc
23. Zobo Payments LTD
24. Kredete Inc
25. UPESI Money Transfer LTD
26. WeWire Technologies Inc
27. SFB Capital Systems LLC
28. Sun Fintech LTD
29. Ace Money Transfer LTD
30. Kori Global Services (Kori Money Transfer)
31. Dandelion Payments Inc (RIA Money Transfer)
32. Inter City Money LTD (Remit Home)
33. Leatherback LTD
34. World Remit LTD (WorldRemit, ZepZ, Sendwave)
35. Priority Technology Holdings, Inc PRTH (NASDAQ:PRTH)
36. Moniepoint CA LTD (MonieWorld)
37. OhentPay UK LTD
38. Juba Express LTD
39. Western Union Network (France) SAS
40. Moneygram Payment Systems Inc
41. Mastercard Transaction Services (US) LLC (“MTS US”)
42. Africhange LTD
43. Prune Payments LTD (Prune Technology LTD)
44. Cede Technologies Inc
45. Speed Enterprise LTD (Speed Enterprise UK)
46. Daytona Capital Management LTD (Hello Paisa Global)
