FOR AFRICAN BANKS
Acquire diaspora customers in Europe and the UK, onboard them in minutes, and capture hard currency deposits—without opening a single physical branch.
Nostro arranges regulated payment services through licensed partners and manages the technology and frontline operations. Your bank retains full control over account approvals and funds.
WHAT WE OFFER
01 / Acquire & Onboard
We market your bank to diaspora customers across Europe and the UK and guide them through 100% digital onboarding.
Nostro collects documents, performs biometric ID checks and screens for PEPs, sanctions and adverse media. Verified customer profiles flow into your core banking system, with built-in support for Temenos, Flexcube and Amplitude.
02 / Fund & Transact
Customers exchange euros or pounds to fund their local-currency accounts with your bank. Nostro aggregates the incoming hard currency and settles it to your correspondent account, creating a regular source of FX liquidity.
Where Request-to-Pay is available, customers can also initiate payments from their bank balance through Nostro, securely authorising each debit with their bank.
Nostro handles frontline international support, coordinating with your bank and payment partners. Customers have one place to get help, without your bank building a separate international support operation.
THE CUSTOMER EXPERIENCE
One customer, one direct account with your bank. New customers onboard in minutes; existing customers jump straight to funding.
Available through the Nostro app or white-labelled directly into your bank’s existing digital channels.
Your customer submits their details and completes biometric identity checks on their phone. Your bank reviews the verified profile and approves the account.
Open an account from abroad
Step 1 of 4: Open an account from abroad
Your customer submits their details and completes biometric identity checks on their phone. Your bank reviews the verified profile and approves the account.
A new beginning
Apply from abroad
Account opening is subject to your bank’s approval.
Request-to-Pay features for bill payments and transfers require supported networks across WAEMU, Nigeria, Ghana, or South Africa.
The journey and figures are illustrative. The exchange rate, fees and time to credit the account depend on the bank and payment route.
Let’s build your international digital branch
Tell us where your diaspora customers live and what you want to offer them. We’ll walk you through customer onboarding, payment access, and core banking integration.
