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What do I need, in order to make an international payment on the app?

 

You will need your beneficiary's:

    • Account number or International Bank Account Number (IBAN)
    • SWIFT/BIC code
    • Gender (not required if you a paying a company)
    • Address: street address, city, country
    • Routing code (for certain countries only)

 

Please contact your beneficiary to get these details.

 

 

What is a SWIFT code?

 

SWIFT is used for sending money overseas.

 

The BIC (Bank Information Code) is used by the SWIFT system to identify specific banks worldwide. A SWIFT/BIC code consists of either 8 or 11 characters.

 

Example: SBZAZAJJ

 

 

What is a BOP code?

 

South African legislation requires financial institution to provide a reason why international payments are made.

 

The South African Reserve Bank (SARB) uses a set of predetermined codes to identify why money is paid overseas. This code is called a Balance of Payment (BoP) code.

 

Example: 401 – Gifts

 

Please note that we currently do not support international payments that require documentary evidence or payments initiated by a business or foreign nationals. Please visit your nearest Standard Bank Bureau de Change if you are a foreign national or if you want to make business related payments or payments that require documentary supporting evidence.

 

 

 

 

 

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Last update:
‎05-07-2016 05:23 PM
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Comments
dificildeolvida
Occasional Visitor

Hi.. when I go on the app and select this option from "Pay > Pay a new recipient > A recipient outside South Africa" then I always get "Unexpected Error", "We have experienced an unexpected error". I am using iphone 4s. Please help. Thanks

JanLiz
New Member

Trianing to make a payment from BNZ to Standard Bank, but they require a “Sort Code”? 6digit?

The swift code doen’t work!

Trymore
New Member

So we cant deposit to international banks??  If my acount cant do that then i have to close im stressd by this acount