Regulatory Disclosure

Overview

91 Payments is an international money transfer and remittance service that enables customers to send funds across borders to recipients in supported countries.

Our services operate in accordance with applicable financial regulations in the jurisdictions where we are registered or licensed.

Regulatory Registrations

91 Payments maintains registrations and regulatory compliance obligations with the following authorities:

Central Bank of Nigeria (CBN) – Regulator of financial institutions and remittance operators in Nigeria.
Financial Crimes Enforcement Network (FinCEN) – A bureau of the U.S. Department of the Treasury responsible for monitoring money services businesses and enforcing anti-money laundering regulations.
Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) – Canada's financial intelligence unit responsible for monitoring anti-money laundering and anti-terrorist financing compliance.

Compliance Responsibilities

As a regulated money services provider, 91 Payments maintains compliance programs that include:

Anti-Money Laundering (AML) controls
Counter-Terrorist Financing (CTF) monitoring
Sanctions screening
Customer identity verification (KYC)
Transaction monitoring and reporting

These programs are designed to prevent financial crime and protect the integrity of the financial system.

Important Consumer Notice

Money transfer services may involve risks, including:

Exchange rate fluctuations
Processing delays due to compliance checks
Banking partner processing delays
Incorrect recipient information

Customers are responsible for verifying recipient details before confirming a transaction.