Country-specific guidelines South Africa

ZA

ZAR (South African rand)

For a payment to a bank in South Africa, a Bank Identification Code (BIC) or a Bank Clearing Code (BCC) is mandatory. This is also known as a SWIFT address (Society for Worldwide Interbank Financial Telecommunication).

• South Africa does not have an IBAN and no standard account structure.
• Do not use spaces, dashes, comma, or slash (/) in the account number.
• Enter the full name of the person receiving the money in the “Recipient Name” field.
  Do not use abbreviations.

These international transfers are subject to private transfer fees and business transfer fees. If you choose for the OUR option, the beneficiary will not be charged anything by their bank. ABN AMRO charges an OUR fee (PDF, 156 KB) for this.

Do you want to know when the money will be in the beneficiary's account? Then check what the processing times for payments are. And for more details per currency type, please consult this overview of cut-off times (PDF, 191 KB) .