Payouts to South Africa

Visibility of Statement Narration is missing.

Partner

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

All major banks in South Africa (list available)

BANK CODE

Proof of payment can be provided upon request.

If notified the beneficiary needs to sign a mandate within seven working days.

Phone number should be in E164 format.

Universal Bank Code for the beneficiary bank should be provided as it allows to make payouts to all the branches of the respective banks

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

Visibility of Statement Narration is missing.

Partner

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

All major banks in South Africa (list available)

BANK CODE

Proof of payment can be provided upon request.

If notified the beneficiary needs to sign a mandate within seven working days.

Phone number should be in E164 format.

Universal Bank Code for the beneficiary bank should be provided as it allows to make payouts to all the branches of the respective banks

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

Visibility of Statement Narration is missing.

Partner

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

All major banks in South Africa (list available)

BANK CODE

If notified the beneficiary needs to sign a mandate within seven working days.

Phone number should be in E164 format.

Universal Bank Code for the beneficiary bank should be provided as it allows to make payouts to all the branches of the respective banks

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

Visibility of Statement Narration is missing.

Partner

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

All major banks in South Africa (list available)

BANK CODE

Proof of payment can be provided upon request.

If notified the beneficiary needs to sign a mandate within seven working days.

Phone number should be in E164 format.

Universal Bank Code for the beneficiary bank should be provided as it allows to make payouts to all the branches of the respective banks

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.}]

Bank

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

All major banks enabled with SWIFT

SWIFT

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

For WIRES, NIUM supports transactions with SHA Fee Type.

Senders must sender either a swift code or beneficiary bank code

LOCAL · 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 major banks enabled with SWIFT

SWIFT

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

For WIRES, NIUM supports transactions with SHA Fee Type.

Senders must sender either a swift code or beneficiary bank code

LOCAL · 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.}]

Bank

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

All major banks enabled with SWIFT

SWIFT

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

For WIRES, NIUM supports transactions with SHA Fee Type.

Senders must sender either a swift code or beneficiary bank code

LOCAL · 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.}]

Bank

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

All major banks enabled with SWIFT

SWIFT

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

For WIRES, NIUM supports transactions with SHA Fee Type.

Senders must sender either a swift code or beneficiary bank code

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.}]

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