Africa · ETB · 1 route

Payouts to Ethiopia

Imported payout availability and route requirements

Payout destination · ET

Ethiopia

Africa · ETB

Supported payout methods

Supported currencies

ETB

Cutoff & delivery timing

T2 · Same-day processing subject to cutoff of 7:30 UTC · B2B · B2P · P2P · P2B

Transaction limit per end-user	B2B	B2P	P2P	P2B
Min	Not specified	Not specified	Not specified	Not specified
Max	Not specified	Not specified	Not specified	Not specified

Route details

Select a supported mode

Beneficiary statement narrative

[{Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank.}, { Details available on beneficiary statement will be dependent on beneficiary bank.}]

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All SWIFT enabled banks in Iceland

Routing code

SWIFT

Proof of payment

pacs.008 can be considered as a proof of payment and can be provided on request

Notes

For WIRES, NIUM supports transactions with SHA Fee Type

Mandatory data requirements

REMITTER

NameAccount TypeIdentifcation TypeIdentification NumberAddressCountry Code

BENEFICIARY

NameAccount Number(IBAN)Account typeCountry CodeAddressCityPostcode

ROUTING

Code Type-SWIFT CodeCode Value

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Business to business · CORPORATE

Beneficiary statement narrative

[{Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank.}, { Details available on beneficiary statement will be dependent on beneficiary bank.}]

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All SWIFT enabled banks in Iceland

Routing code

SWIFT

Proof of payment

pacs.008 can be considered as a proof of payment and can be provided on request

Notes

For WIRES, NIUM supports transactions with SHA Fee Type

Mandatory data requirements

REMITTER

NameAccount TypeIdentifcation TypeIdentification NumberAddressCountry Code

BENEFICIARY

NameAccount Number(IBAN)Account typeCountry CodeAddressCityPostcode

ROUTING

Code Type-SWIFT CodeCode Value

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Business to person · INDIVIDUAL

Beneficiary statement narrative

[{Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank.}, { Details available on beneficiary statement will be dependent on beneficiary bank.}]

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All SWIFT enabled banks in Iceland

Routing code

SWIFT

Proof of payment

pacs.008 can be considered as a proof of payment and can be provided on request

Notes

For WIRES, NIUM supports transactions with SHA Fee Type

Mandatory data requirements

REMITTER

NameAccount TypeIdentifcation TypeIdentification NumberAddressCountry Code

BENEFICIARY

NameAccount Number(IBAN)Account typeCountry CodeAddressCityPostcode

ROUTING

Code Type-SWIFT CodeCode Value

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Person to person · INDIVIDUAL

Beneficiary statement narrative

[{Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank.}, { Details available on beneficiary statement will be dependent on beneficiary bank.}]

Network participant

Bank

FX source

Live Interbank based rates available 24x7, including off-market hours

Channels

All SWIFT enabled banks in Iceland

Routing code

SWIFT

Proof of payment

pacs.008 can be considered as a proof of payment and can be provided on request

Notes

For WIRES, NIUM supports transactions with SHA Fee Type

Mandatory data requirements

REMITTER

NameAccount TypeIdentifcation TypeIdentification NumberAddressCountry Code

BENEFICIARY

NameAccount Number(IBAN)Account typeCountry CodeAddressCityPostcode

ROUTING

Code Type-SWIFT CodeCode Value

OTHER

Remit Purpose Code

Supporting documents

Remitter Beneficiary RelationshipNature of BusinessDuration of ContractCommercial AgreementCurrent Invoice

Route source

LOCAL · Person to business · CORPORATE

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