Raenest Secures IMTO Licence from CBN

We're thrilled to announce a significant development for our parent company, Raenest, and our Nigerian customers. We've received the International Money Transfer Operator (IMTO) licence from the Central Bank of Nigeria (CBN)! 

The IMTO licence is a regulatory authorization issued by CBN. It allows us to operate within the country and facilitate international money transfers for businesses and professionals. It also ensures we meet the highest compliance standards set by the CBN, guaranteeing secure and reliable transactions for our customers.

By obtaining the IMTO licence, Raenest empowers you to navigate the global financial landscape with peace of mind. You can expect:

• Faster and more efficient cross-border payments with Raenest's secure and reliable payment solutions.
• Secure transactions that comply with Nigerian regulations. 
• A broader range of payment solutions to meet diverse needs. 

Raenest’s comprehensive suite of financial services includes:

• International Money Transfers: Fast and secure transfer of funds across borders, supporting multiple currencies and ensuring competitive exchange rates.
• Global Bank Accounts: Provision of US, GBP, and EUR bank accounts for African businesses and professionals to facilitate international transactions.
• Corporate Cards and Multi-Currency Wallets: Enhanced financial management tools for businesses to manage expenses and streamline operations.

Combined with our Money Services Business (MSB) licence in Canada, this further strengthens Raenest's position as a trusted provider of international financial services.

At Raenest, we remain dedicated to empowering African businesses, freelancers, remote workers, and independent contractors to thrive in the global market. With the IMTO licence, we're excited to offer you a wider range of solutions for your cross-border transaction needs. 

For any questions or to explore Raenest’s features, please contact support@raenest.com or visit www.raenest.com.