UnMoney

UNMoney (Unified Network for Money) is a national financial transfer and digital payments infrastructure in Yemen, created through collaboration between the Central Bank of Yemen and the Yemeni banking sector to establish a unified remittance network under official supervision. It was developed to consolidate and organize money transfer operations that were previously performed by multiple, unregulated remittance networks, thereby improving security, compliance, and reliability across the financial system.

SERVICES

• Unified Remittance Network: Supports both local and international money transfers through a centralized system.
• Interoperability between Banks & Wallets: Connects traditional banks, microfinance providers, and e‑wallet systems for seamless transfers.
• Electronic Payments Infrastructure: Facilitates retail and batch transfers between financial institutions.
• Financial Inclusion Support: Expands access to financial services for unbanked and underbanked populations.
• Compliance & Security Standards: Operates under the supervision of the Central Bank of Yemen with elevated risk, regulatory, and compliance controls.
• Agent Integration & Settlement Services: Enables agents and service providers to process remittances and payments through the unified channel.

Countries