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Gambia

Gamswitch

Scheme name: Gamswitch

IIPS Type: Bank

Inclusivity level: Basic

Year of establishment: 2020

System owner: Central Bank of Gambia and industry

Overseer: Central Bank of Gambia

Operator: Gamswitch

Total Participants: 12

Volumes 2022: -

Values 2022: N/A

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CategoryGamswitch
Geographic reachDomestic
Geographic descriptionGambia
Scheme governanceGamswitch
Settlement agentThe Central Bank of Gambia
Participants - commercial banks12
Participants - MMOs0
Participants - non-bank PSPs0
Participants - MFIs0
Volumes 2018-
Volumes 2019-
Volumes 20204,590,008
Volumes 20217,509,061
Values 2018- USD
Values 2019- USD
Values 202026,436,580 USD
Values 202183,931,789 USD
GNI
GNI (%)N/A
% off-us transactions
Interoperability arrangementThird party
Ownership modelJointly owned
Governance TypologyPPP
Messaging standardISO 20022
Types of proxy IDsN/A
Use of open APIsYes
QR code standard N/A
Pro-poor governanceYes
CB governance involvementYes
Expanded use CasesNo
Minimum channel functionalityYes
Minimum use case functionalityYes
All licensed PSPs can participate (all-to-all interoperability)No
RecourseNo
Not-for-lossNo
TSP partners N/A
Start-up funding (US$ million) N/A

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