Africa · PAPSS

See PAPSS legs and IMTO traffic in one supervisory picture

PAPSS reduces dollar correspondent hops. Supervisors still need to see who is sending, which corridor is thin, and which IMTO messages are held. Nexus is that overlay.

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PAPSS is a rail — Nexus is the supervisor’s glass

Nexus does not replace PAPSS. It sits with the central bank so Afreximbank-cleared legs and classic IMTO corridors appear in the same FX and liquidity view. French-language briefing: Nexus en français.

What to watch

Corridor buffer use, 24-hour FX outflow, STP versus repair, and time-locked amounts. Pair with CBN IMTO oversight where Nigeria is a hub, and with BUNA for Maghreb–GCC legs.

Official PAPSS reference

Scheme documentation lives at the operator: papss.com. Nexus cites that rail; it is not a PAPSS product.