Bank of South Sudan Grants Money Transfer Approval to Fast Payment Co. LTD
Fast Payment Co. LTD is pleased to announce that the Bank of South Sudan has granted approval to conduct money transfer services (forex bureau authorization). This approval enables us to deliver safe, transparent, and convenient remittances to households and businesses across the country—while reinforcing national goals for financial inclusion and payments modernization.
What this means for customers and partners
-
Trusted channels: Remittances via licensed rails with end-to-end transparency.
-
Convenience: Send money without travel; beneficiaries receive in their preferred wallet or account.
-
Value: Transparent fees and competitive FX, disclosed before you confirm.
Compliance & consumer protection
We operate under a risk-based AML/KYC framework, conduct sanctions/PEP screening, and maintain audit-ready records. Security is aligned with PCI DSS principles, including encryption in transit and at rest, MFA for staff, and continuous monitoring.
A word from our CEO
“This approval is a milestone for safe, accessible remittances in South Sudan. We thank the Bank of South Sudan for its leadership and look forward to serving families and SMEs with integrity,” said Mr. Dut Majak, CEO, Fast Payment Co. LTD.