Financial Institutions

Connecting financial institutions in hard-to-reach markets

FX liquidity and correspondent banking for financial institutions operating in Africa
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SWIFT
Direct network connection, BIC LUOCCA22
Bank of Canada
PSP regulated by the Bank of Canada
Local + G10
Emerging market currencies and the main international currencies
50+
Client financial institutions

Everything you need to operate in hard-to-reach markets

For financial institutions, payment institutions and remittance operators.

Institutional FX

Access to African and G10 currency liquidity for your treasury needs and those of your clients.
  • Highly competitive rates
  • Deep local infrastructure

Correspondent banking

Coming soon
A single access point to settle your international flows into and out of Africa.
  • Dedicated settlement accounts
  • Inbound and outbound payments
  • Network of regulated partners

Directly connected to the SWIFT network

Luo holds its own BIC and exchanges messages directly on the SWIFT network, with no intermediary and a confirmation for every payment.
BIC LUOCCA22

Our expertise

Luo is a regulated financial institution in Canada, specialising in providing FX liquidity and cross-border payments in Africa. We combine in-depth local expertise with access to international markets to secure financial flows in complex environments.

Currencies covered

Local presence in hard-to-reach markets, combined with direct access to the main international currencies.
Coming soon: more currencies
XOF
West African franc
Senegal
Côte d'Ivoire
Mali
Burkina Faso
Togo
Benin
Niger

Regulated and in accordance with international standards

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Key information

Yes. Luo holds its own BIC (LUOCCA22) and exchanges messages directly on the SWIFT network, with no technical intermediary.
Luo works with regulated local partners and financial institutions in each currency zone. This infrastructure centralises liquidity and allows FX trades to be executed quickly and in a structured way.
Financial institutions, payment institutions, microfinance institutions and money transfer operators, subject to approval through our KYB process.
Luo works exclusively with licensed partners and meets local and international requirements on KYC, KYB, AML/CFT and sanctions. Every transaction is traceable and documented.

Let's discuss your needs

Our team supports financial institutions with their FX and settlement operations.
Contact the team
Our expertise
Luo is a regulated financial institution in Canada, specialising in providing FX liquidity and cross-border payments in Africa. We combine in-depth local expertise with access to international markets to secure financial flows in complex environments.
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LuoPay Canada LTD is regulated by FINTRAC and the Bank of Canada as an MSB, under number C100000446. LuoPay Canada LTD is authorized to provide foreign exchange and payment financial services.

Business Number: 1000992314
Global Business License Number: C100000446
SWIFT (BIC) Code: LUOCCA22
© 2026 Luo

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