South Africa
Overview
| Transfer method | LOCAL | SWIFT |
|---|---|---|
| Supported currency(ies) | ZAR | AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR |
| Flight time (business days) | 1-2 | 0-3 |
| Maximum transaction limit | No limit | No limit |
| Ultimate payer displayed | No | Yes |
Please refer to the sections below for the key required bank details and other considerations for each supported transfer method.
Local ZAR payout
| Required fields | Permitted Data | Notes |
|---|---|---|
account_currency | 3-letter ISO 4217 currency code | Should be ZAR |
account_name | 2-200 characters | Account holder name of the recipient’s bank account |
account_number | Up to 13 digits | |
swift_code | 8-11 alphanumeric characters | Should be a valid and supported BIC-8 or BIC-11 code |
bank_account_category | One of Checking, Savings | Confirm bank account type with the recipient to avoid transfer delays |
bank_country_code | 2-letter ISO 3166-2 country code | Should be ZA |
SWIFT payout
| Required fields | Permitted Data | Notes |
|---|---|---|
account_currency | 3-letter ISO 4217 currency code | One of AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR |
account_name | 2-200 characters | Account holder name of the recipient’s bank account |
account_number | 7-17 alphanumeric characters | |
swift_code | 8-11 alphanumeric characters | Should be a valid and supported BIC-8 or BIC-11 code |
bank_country_code | 2-letter ISO 3166-2 country code | Should be ZA |
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