Payouts to Nigeria

Remitter name, statement narrative & trace id will be passed to the clearing system.

Partner

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

All major banks in Nigeria (List Available)

Can verify both the bank account number and the account holder's name.

BANK CODE

Upon request, Proof of Payment for a transaction can be made available.

Senders must send either a Beneficiary Bank Code or Swift Code.

Payments to specific microfinance banks and PSPs, such as OPAY, will be processed through Beneficiary Bank Code only.

To check the supported banks, please use the API given on the link: https://docs.nium.com/apis/reference/searchroutingcodeusingbankname or get in touch with your respective AM.

LOCAL · Business to business · CORPORATE

Domestic Clearing System limits ability to transfer full remitter information to the beneficiary. Visibility of Standard Statement Narration is missing.

Partner

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

All major banks in Nigeria (list available)

Can verify both the bank account number and the account holder's name.

BANK CODE

Upon request, Proof of Payment for a transaction can be made available.

Senders must send either a Beneficiary Bank Code or Swift Code.

Payments to specific microfinance banks and PSPs, such as OPAY, will be processed through 6 characters beneficiary bank code only.

To check the supported banks, please use the API given on the link: https://docs.nium.com/apis/reference/searchroutingcodeusingbankname or get in touch with your respective AM.

LOCAL · Business to person · INDIVIDUAL

Domestic Clearing System limits ability to transfer full remitter information to the beneficiary. Visibility of Standard Statement Narration is missing.

Partner

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

All major banks in Nigeria (list available)

Can verify both the bank account number and the account holder's name.

BANK CODE

Upon request, Proof of Payment for a transaction can be made available.

Senders must send either a Beneficiary Bank Code or Swift Code.

Payments to specific microfinance banks and PSPs, such as OPAY, will be processed through 6 characters beneficiary bank code only.

To check the supported banks, please use the API given on the link: https://docs.nium.com/apis/reference/searchroutingcodeusingbankname or get in touch with your respective AM.

LOCAL · Person to person · INDIVIDUAL

Remitter name, statement narrative & trace id will be passed to the clearing system.

Partner

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

All major banks in Nigeria (List Available)

Can verify both the bank account number and the account holder's name.

BANK CODE

Upon request, Proof of Payment for a transaction can be made available.

Senders must send either a Beneficiary Bank Code or Swift Code.

Payments to specific microfinance banks and PSPs, such as OPAY, will be processed through Beneficiary Bank Code only.

To check the supported banks, please use the API given on the link: https://docs.nium.com/apis/reference/searchroutingcodeusingbankname or get in touch with your respective AM.

LOCAL · Person to business · CORPORATE

[{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.}]

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.

Bank

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

All SWIFT enabled banks in the country

SWIFT

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

WIRES can be sent to all countries except for OFAC listed.

pacs.008 can be provided on request.

NIUM does not support OUR charge type for CAD currency WIRES

Processing of payments to Crimea, Donetsk, Luhansk, Sevastopol regions of Ukraine is prohibited. This list is subject to change.

For foreign currency wire currencies USD, EUR, GBP - NIUM supports both OUR and SHA fee type while for other currencies AUD, CAD, CHF, JPY, NZD, HKD, SGD - NIUM supports only SHA fee type

SWIFT · Business to business · CORPORATE

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.

Bank

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

All SWIFT enabled banks in the country

SWIFT

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

WIRES can be sent to all countries except for OFAC listed.

pacs.008 can be provided on request.

NIUM does not support OUR charge type for CAD currency WIRES

Processing of payments to Crimea, Donetsk, Luhansk, Sevastopol regions of Ukraine is prohibited. This list is subject to change.

For foreign currency wire currencies USD, EUR, GBP - NIUM supports both OUR and SHA fee type while for other currencies AUD, CAD, CHF, JPY, NZD, HKD, SGD - NIUM supports only SHA fee type

SWIFT · Business to person · INDIVIDUAL

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.

[{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.}]

Bank

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

All SWIFT enabled banks in the country

SWIFT

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

WIRES can be sent to all countries except for OFAC listed.

pacs.008 can be provided on request.

NIUM does not support OUR charge type for CAD currency WIRES

Processing of payments to Crimea, Donetsk, Luhansk, Sevastopol regions of Ukraine is prohibited. This list is subject to change.

For foreign currency wire currencies USD, EUR, GBP - NIUM supports both OUR and SHA fee type while for other currencies AUD, CAD, CHF, JPY, NZD, HKD, SGD - NIUM supports only SHA fee type

SWIFT · Person to person · INDIVIDUAL

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.

[{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.}]

Bank

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

All SWIFT enabled banks in the country

SWIFT

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

WIRES can be sent to all countries except for OFAC listed.

pacs.008 can be provided on request.

NIUM does not support OUR charge type for CAD currency WIRES

Processing of payments to Crimea, Donetsk, Luhansk, Sevastopol regions of Ukraine is prohibited. This list is subject to change.

For foreign currency wire currencies USD, EUR, GBP - NIUM supports both OUR and SHA fee type while for other currencies AUD, CAD, CHF, JPY, NZD, HKD, SGD - NIUM supports only SHA fee type

SWIFT · Person to business · CORPORATE