COMESA Clearing House

COMESA Clearing House

Financial-Services

Industry Category
Financial-Services
Company Description

COMESA Clearing House is a pivotal institution within the Common Market for Eastern and Southern Africa (COMESA), dedicated to facilitating seamless cross-border payment settlements among its Member States. Operating the Regional Payment and Settlement System (REPSS), COMESA Clearing House provides a robust multilateral netting system that enables efficient fund transfers with end-of-day settlements in multiple currencies.

Located at 4 Purbeck Close, Highlands, Harare, ZW, COMESA Clearing House utilizes open standards to serve both Member and non-Member States, significantly reducing settlement risks and enhancing overall transaction efficiency. The organization is currently at the forefront of implementing the COMESA Digital Retail Payment Platform (DRPP), marking a significant step towards next-generation cross-border payment solutions.

With the DRPP, COMESA Clearing House is democratizing financial access for citizens and merchants throughout the COMESA region by delivering real-time, low-cost transactions with local currency settlements. We invite the management of COMESA Clearing House to further enrich this overview with a customized and exclusive company showcase and product listing on our platform.

Key Personnel / Employees
Malumbo Bowa

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Alternative Company Names

This company is also known as

COMESA Clearing House 科梅萨清算所 कोमेसा क्लियरिंग हाउस Cámara de Compensación de COMESA غرفة مقاصة الكوميسا Chambre de compensation du COMESA Клиринговая палата КОМЕСА Câmara de Compensação da COMESA