NIBSS Interbank Settlement API
AI & ML · Banking & Fintech · Payments
The NIBSS (Nigeria Inter-Bank Settlement System) API provides access to real-time interbank payment settlement, instant transfer (InstaPay), and bank connectivity services. NIBSS operates Nigeria critical national payment infrastructure handling trillions of naira in daily transactions.
Best For
Licensed Nigerian banks and fintechs needing core interbank settlement rails
Pricing
Central Nigerian interbank settlement platform. Access restricted to licensed banks and authorized fintech partners. PKI/certificate-based authentication. Essential for any platform handling interbank transfers in Nigeria. Also operates NIBSS FIPSnet for foreign exchange settlement. Enterprise partnership required.
Key Highlights
- Real-time interbank fund transfers
- NIBSS InstaPay for near-instant settlements
- Bank-to-bank payment switching
- Liquidity management and settlement
- Enterprise PKI security standard
Required Access Documents
- Financial Institution LicenseRequiredNIBSS access is restricted to licensed banks and CBN-regulated fintechs.
- NIBSS Partner AgreementRequiredFormal integration agreement and technical certification required.
Use Cases
- Interbank Transfers:Originate and settle real-time transfers between Nigerian banks.
- Payment Infrastructure:Build fintech products on top of Nigeria's core settlement rail.