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PAPSS

The Pan African Payments & Settlement System (PAPSS) is a pan African cross border service that allows users send funds in their local currencies to recipients in other African countries. The system is designed to enable African trade and execute cross border transfers real-time and in their local currencies, thereby removing the hard currency dependency and delays in transacting cross border.

 

Benefits

Benefits

How to Access PAPPS

You can access PAPSS at any KCB Branch countrywide and on the KCB mobile Banking APP.

For Branch customers, they will be required to fill in a form capturing the transaction details, present it to the teller with your identification documents and or supporting documents depending on the nature and amount of the transaction.

For Mobile Banking customers, customers will log onto Mobile Banking and click on Global Transfers, under the global transfers tab the PAPSS icon will be visible. Click on the PAPSS icon and enter required information to process the transaction.

Benefits to Customers

  • Faster Transactions- Cross-border payments are processed in real-time.
  • Currency calculation for either sending or receiving amount.
  • Local Currency Payments- You can send and receive payments in your local currency, avoiding the need for USD or EUR conversions.
  • Safe and Secure transactions.
  • Cost effective transfers with competitive FX rates.
  • No sign up required, accessible to all KCB customers.

How to Activate PAPPS for Use

The service is available to all KCB customers. Customers are not required to sign up or activate the service.

For branch customers simply request to send a transaction through PAPSS and for Mobile Banking users access the service on the KCB Mobile app under the Global Transfers Tab.

 

Terms and Conditions

PAPPS FAQS

 

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