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.
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