You can but only if one condition is met. The bank account to which the money is being sent must be in the same name as the payout partner with which the US solution provider (i.e. license holder) has signed a correspondent tie-up agreement.
For example, if there is a payout partner named ABC Transfers in Kano, Nigeria and they request payment to be made in Europe or China into a bank account of their choice, this cannot be done. The bank account has to be in the name of ABC Transfers, else the US solution provider will not agree to the transfer.
Transfers cannot be made to 3rd party bank accounts.
This page was last updated on January 18, 2023.