Africa · ZAR · 3 routes

Payouts to South Africa

Route catalog · ZA

Choose a payout method

Supported currencies

ZAR

Cutoff & delivery timing

SAME DAY

Same day delivery subject to cutoff 2:30 PM Local time

Scroll horizontally to compare supported modes

Transaction limit per end-user	B2B	B2P	P2P	P2B
Max	No limit	No limit	ZAR 300,000	No limit
Min	ZAR 0.01	ZAR 0.01	ZAR 200	ZAR 0.01

Route details

Select a supported mode

Beneficiary statement narrative

Visibility of Statement Narration is missing.

Network participant

Partner

Channels

All major banks in South Africa (list available)

Routing code

BANK CODE

Proof of payment

Proof of payment can be provided upon request.

Notes

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.

Mandatory data requirements

Remitter

Remitter Name
Remitter Identification Type
Remit Purpose Code
Remitter Account Type
Remitter Identification Number
Remitter Country Code
Remitter Address
Remitter Post Code
Remitter City

Beneficiary

Beneficiary Account Type
Beneficiary Account Number
Beneficiary Bank Code
Beneficiary Bank Account Type
Beneficiary Contact Number
Beneficiary Name
Beneficiary Country Code
Beneficiary Email

Supporting documents

Remitter Beneficiary Relationship
Nature of Business
Duration of Contract
Commercial Agreement
Current Invoice

Beneficiary account type

CORPORATE

← All Africa markets