International Payment Requirements

International payments have specific rules and may include extra steps depending on the country. You can add international vendors and update intermediary bank details to each ERP system using these guides.

Before setting up international vendors, review the payment format requirements below and refer to the list of supported countries. Click a country to view any additional steps necessary to complete the payment process.

Please include the following required information for all payments to avoid potential delays or returns.

The current list of available countries for International Wires are as follows:

Below is the list of countries currently supported and their payment requirements, ordered A-Z.

Swift BIC Country Code: AL

Currency Code: ALL

Currency: Albanian Lek

Special Formatting Requirements:

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: AR

Currency Code: ARS

Currency: Armenian Dram

Special Formatting Requirements:

ERP Requirement:

No additional change required

Banking Requirement:

If payments are going to Central Bank of Armenia, must include residency status (1-resident, 2-nonresident), legal status of the customer (11-commercial, 12 - non-profit, 21- individual, 22 for individual entrepreneur)

Swift BIC Country Code: AM

Currency Code: AMD

Currency: Armenian Dram

Special Formatting Requirements:

ERP Requirement:

No additional change required

Banking Requirement:

If payments are going to Central Bank of Armenia, must include residency status (1-resident, 2-nonresident), legal status of the customer (11-commercial, 12 - non-profit, 21- individual, 22 for individual entrepreneur)

Swift BIC Country Code: AU

Currency Code: AUD

Currency: Australian Dollar

Special Formatting Requirements:

ERP Requirement:

No additional change required

Banking Requirement:

Banks are required to report international funds transfers to the local regulator, AUSTRAC

Swift BIC Country Code: AT

Currency Code: EUR

Currency: Euro

Special Formatting Requirements:

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required.

Swift BIC Country Code: BB

Currency Code: BBD

Currency: Barbados Dollar

ERP Requirement:

No additional change required

Banking Requirement:

1. Beneficiary account number is mandatory.

2. The purpose of payment is mandatory.

Swift BIC Country Code: BE

Currency Code: EUR

Currency: Euro

Special Formatting Requirements:

1. IBAN required: 16 characters starting with AT as the country code

2. SEPA formatting standards apply

3. Use of initials in the beneficiary’s full name may delay payment receipt

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: BA

Currency Code: BAM

Currency: Bosnia and Herzegovinian Convertible Marka

Special Formatting Requirements:

1. IBAN required: 20 characters starting with BA as the country code

ERP Requirement:

No additional change required.

Banking Requirement:

1. IBAN is mandatory.

2. The purpose of payment is mandatory.

Swift BIC Country Code: BR

Currency Code: BRL

Currency: Real

Special Formatting Requirements:

1. IBAN required: 29 characters starting with BR as the country code

2. Payment restrictions apply for BRL payments

3. If payment is sent outside of local currency, it will be converted by funds delivery to the beneficiary

4. Use of initials in the beneficiary’s full name may delay payment receipt

5. Tax ID number is required – 11 digits CPS for individuals and 14 digits CNPJ for business entities

6. Purpose of payment must be clearly identified (rent, salary, utilities)

7. Beneficiary’s telephone number and emails are required. Suggest using ‘_AT_’ in lieu of the @ sign

8. The bank branch number or “Agencia” is required (3-7 digit code)

ERP Requirement:

No additional change required

Banking Requirement:

1. IBAN required

2. NGOs must register locally to receive funds and provide registration documents at the local bank

3. Beneficiary must complete paperwork to allow their bank to exchange funds, including the reason and destination of the funds

Swift BIC Country Code: CA

Currency Code: CAD

Currency: Dollar

Special Formatting Requirements:

ERP Requirement:

No additional change required

Banking Requirement:

No additional change required

Swift BIC Country Code: CF

Currency Code: XAF

Currency: Central African CFA Franc

ERP Requirement:

No additional change required.

Banking Requirement:

1. Beneficiary account number is mandatory.

2. The purpose of payment is mandatory.

Swift BIC Country Code: TD

Currency Code: XAF

Currency: Central African CFA Franc

ERP Requirement:

No additional change required.

Banking Requirement:

1. Beneficiary account number is mandatory.

2. The purpose of payment is mandatory.

Swift BIC Country Code: CN

Currency Code: CNY

Currency: Yuan/Renminbi

Special Formatting Requirements:

1. This is a restricted currency – you must include all required information, or the payment will not be returned

2. Cross-border CNY to personal accounts inside China is not supported

3. Use of initials in the beneficiary’s full name may delay payment receipt

4. Purpose of payment must be clearly identified (rent, salary, utilities)

5. There are specific codes that must be used, and they are 3-character codes

6. The CNAPS identification must be provided. This is a 12 or 14-digit code that identifies each bank in China

ERP Requirement:

No additional change required

Banking Requirement:

No additional change required

Swift BIC Country Code: CO

Currency Code: COP

Currency: Columbian Peso

Special Formatting Requirements:

1. Beneficiary must have an in-country presence to receive funds

2. Additional documentation may be required for the beneficiary to receive funds

3. Use of initials in the beneficiary’s full name may delay payment receipt

4. Purpose of payment must be clearly identified (rent, salary, utilities)

5. Beneficiary’s 10-digit NIT (corporate tax) or 7-11 digit Cedulas

6. The telephone number of the beneficiary is required

7. Beneficiary’s email should be included and ‘_AT_’ in lieu of ‘@’

ERP Requirement:

No additional change required

Banking Requirement:

Purpose of payment, beneficiary contact name, Tax ID

Swift BIC Country Code: CZ

Currency Code: CZK 

Currency: Koruna

Special Formatting Requirements:

1. IBANs are suggested: 24 characters starting with CZ as the country code

2. If IBAN is not used, the 16-digit CZK account number is required

3. SEPA formatting standards are enforced

4. Use of initials in the beneficiary’s full name may delay payment receipt

5. Purpose of payment must be clearly identified (rent, salary, utilities)

ERP Requirement:

No additional change required

Banking Requirement:

IBANs are suggested; funds greater than 1 million CZK must be reported to the central.

Swift BIC Country Code: CD

Currency Code: CDF

Currency: Congolese Franc

ERP Requirement:

No additional change required.

Banking Requirement:

1. Beneficiary account number is mandatory.

2. The purpose of payment is mandatory.

Swift BIC Country Code: DK

Currency Code: DKK

Currency: Krone

Special Formatting Requirements:

1. IBANs are required: 18 characters starting with DK as the country code

2. SEPA formatting standards are enforced

3. Use of initials in the beneficiary’s full name may delay payment receipt

4. Beneficiary bank may apply a lifting charge

5. No cents after the decimal point

ERP Requirement:

No additional change required

Banking Requirement:

No cents after the decimal point

Swift BIC Country Code: EE

Currency Code: EUR

Currency: Euro

Special Formatting Requirements:

1. IBAN required: 20 characters starting with EE as the country code

2. SEPA formatting standards are enforced

3. Use of initials in the beneficiary’s full name may delay payment receipt

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: GQ

Currency Code: XAF

Currency: Central African CFA Franc

ERP Requirement:

No additional change required.

Banking Requirement:

1. Beneficiary account number is mandatory.

2. The purpose of payment is mandatory.

Swift BIC Country Code: FR

Currency Code: EUR

Currency: Euro

Special Formatting Requirements:

1. IBAN required: 27 characters starting with FR as the country code

2. SEPA formatting standards are enforced

3. Use of initials in the beneficiary’s full name may delay payment receipt

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: GA

Currency Code: XAF

Currency: Central African CFA Franc

ERP Requirement:

No additional change required.

Banking Requirement:

1. Beneficiary account number is mandatory.

2. The purpose of payment is mandatory.

Swift BIC Country Code: DE

Currency Code: EUR

Currency: Euro

Special Formatting Requirements:

1. IBAN required: 22 characters starting with DE as the country code

2. SEPA formatting standards are enforced

3. Payments above EUR 12,500 must be reported to the central bank

4. Use of initials in the beneficiary’s full name may delay payment receipt

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: GH

Currency Code: GHS

Currency: Ghanaian Cedi

ERP Requirement:

No additional change required.

Banking Requirement:

1. Beneficiary account number is mandatory.

2. The purpose of payment is mandatory.

Swift BIC Country Code: GR

Currency Code: EUR

Currency: Euro

Special Formatting Requirements:

1. IBAN required: 27 characters starting with GR as the country code

2. SEPA formatting is enforced

3. Use of initials in the beneficiary’s full name may delay payment receipt

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: GW

Currency Code: XOF

Currency: West African CFA Franc

ERP Requirement:

No additional change required.

Banking Requirement:

1. Beneficiary account number is mandatory.

2. The purpose of payment is mandatory.

Swift BIC Country Code: HK

Currency Code: HKD

Currency: Hong Kong Dollar

Special Formatting Requirements:

1. Use of initials in the beneficiary’s full name may delay payment receipt

ERP Requirement:

No additional change required

Banking Requirement:

If the address cannot be provided for the originator, customer ID or date/place of birth (individual), or business registration number (corporate) must be provided to prevent the delay of funds receipt

Swift BIC Country Code: IN

Currency Code: INR

Currency: Indian Rupee

Special Formatting Requirements:

1. Legal Entity Identifier (LEI) is strongly recommended to avoid payment rejection

2. The purpose of the payment is required:

ERP Requirement:

No additional change required

Banking Requirement:

Do not code to IFSC code; code to “localbranchcode”

Swift BIC Country Code: ID

Currency Code: IDR

Currency: Indonesian Rupiah

Special Formatting Requirements:

1. Additional information required:

A. Beneficiary Type:1 = Individual2 = Corporate3 = GovernmentB. Residential Status:1 = Resident2 = Non-ResidentC. Transaction Type:50 = Transfer between Customers51 = Government Transactions59 = Reversal / ReturnD. Transaction Facility Type:1 = Teller2 = e-Channel

ERP Requirement:

Add residential status 

Banking Requirement:

For Banking Team, need to hardcode; transaction type and transaction type facility type; always going to be 50/2

Swift BIC Country Code: IE

Currency Code: EUR

Currency: Euro

Special Formatting Requirements:

IBAN required: 22 characters starting with IE as the country code

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: IT

Currency Code: ILS

Currency: Shekel

Special Formatting Requirements:

IBAN required: 23 characters starting with IL as the country code

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: IT

Currency Code: EUR

Currency: Euro

Special Formatting Requirements:

1. IBAN required: 27 characters starting with IT as the country code

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: JM

Currency Code: JMD

Currency: Jamaican Dollar

ERP Requirement:

No additional change required.

Banking Requirement:

1. Beneficiary account number is mandatory.

2. The purpose of payment is mandatory.

Swift BIC Country Code: JP

Currency Code: JPY

Currency: Japanese Yen

Special Formatting Requirements:

1. Purpose of payment must be clearly identified (rent, salary, utilities)

2. Payments greater than JPY 100,000 to individuals require confirmation of name, address, and birthday with a government ID

*Note:

ERP Requirement:

No additional change required

Banking Requirement:

No cents after the decimal point

Swift BIC Country Code: KR

Currency Code: KRW

Currency: Won

Special Formatting Requirements:

1. Additional information required:

2. Purpose of payment must be clearly identified (rent, salary, utilities)

3. If the payment exceeds USD 50,000, then the telephone number for the beneficiary is required

*Note: No cents after the decimal point

ERP Requirement:

No additional change required

Banking Requirement:

1. Additional information required:

Swift BIC Country Code: LI

Currency Code: CHF

Currency: Swiss Franc

Special Formatting Requirements:

1. IBAN required: 21 characters starting with LI as the country code

ERP Requirement:

No additional change required.

Banking Requirement:

1. IBAN is mandatory.

2. The purpose of payment is mandatory.

Swift BIC Country Code: LU

Currency Code: EUR

Currency: Euro

Special Formatting Requirements:

1. IBAN required: 20 characters starting with LU as the country code

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: MX

Currency Code: MXN

Currency: Mexican Peso

Special Formatting Requirements:

1. Additional information required: CLABE account number – 18 digits

*Note:

2. Purpose of payment must be clearly identified (rent, salary, utilities)

ERP Requirement:

No additional change required

Banking Requirement:

CLABE account number required

Swift BIC Country Code: NL

Currency Code: EUR

Currency: Euro

Special Formatting Requirements:

1. IBAN required: 18 characters

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: NZ

Currency Code: NZD

Currency: New Zealand Dollar

Special Formatting Requirements:

Requires a BSB code:

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: NO

Currency Code: NOK

Currency: Norwegian Krone

Special Formatting Requirements:

1. IBAN required: 15 characters starting with NO as the country code

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: PH

Currency Code: PHP

Currency: Philippine Peso

Special Formatting Requirements:

Date of birth or date of incorporation is required from the originator

ERP Requirement:

No additional change required

Banking Requirement:

No additional change required

Swift BIC Country Code: PL

Currency Code: PLN

Currency: Polish Zloty

Special Formatting Requirements:

1. IBAN required: 28 characters starting with PL as the country code

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: PT

Currency Code: EUR

Currency: Euro

Special Formatting Requirements:

1. IBAN required: 25 characters starting with PT as the country code

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: SG

Currency Code: SGD

Currency: Singapore Dollar

Special Formatting Requirements:

The purpose of the payment must be clearly identified

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: ZA

Currency Code: ZAR

Currency: South African Rand

Special Formatting Requirements:

1. Additional information required: Purpose of payment description

2. Use sort codes that are 6 digits

ERP Requirement:

No additional change required

Banking Requirement:

The purpose of the payment description is required

Swift BIC Country Code: ES

Currency Code: EUR

Currency: Euro

Special Formatting Requirements:

1. IBAN required: 24 characters starting with ES as the country code

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: SE

Currency Code: SEK

Currency: Swedish Krona

Special Formatting Requirements:

1. IBAN required: 24 characters starting with SE as the country code

2. The purpose of the payment must be clearly identified

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: CH

Currency Code: CHF

Currency: Swiss Frank

Special Formatting Requirements:

1. IBAN required: 21 characters starting with CH as the country code

2. The purpose of the payment must be identified

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: TZ

Currency Code: TZS

Currency: Tanzanian Shilling

ERP Requirement:

No additional change required.

Banking Requirement:

1. Beneficiary account number is mandatory.

2. The purpose of payment is mandatory.

Swift BIC Country Code: TH

Currency Code: THB

Currency: Thai Baht

Special Formatting Requirements:

1. Additional information required: Purpose of payment description

ERP Requirement:

No additional change required.

Banking Requirement:

The purpose of the payment description is required.

Transfers equal to or greater than 5 million THB require supporting documentation.

Swift BIC Country Code: TR

Currency Code: TRY

Currency: Turkish Lira

Special Formatting Requirements:

1. IBAN required: 26 characters starting with TR as the country code

2. The purpose of the payment must be identified

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required

Swift BIC Country Code: UG

Currency Code: XOF

Currency: West African CFA Franc

ERP Requirement:

No additional change required.

Banking Requirement:

1. Beneficiary account number is mandatory.

2. The purpose of payment is mandatory.

Swift BIC Country Code: AE

Currency Code: AED

Currency: Emirati Dirham

Special Formatting Requirements:

1. IBAN required: 23 characters starting with AE as the country code

2. Additional information required: Purpose of payment code

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required, purpose of payment code required

Swift BIC Country Code: GB

Currency Code: GBP

Currency: Great British Pound

Special Formatting Requirements:

1. IBAN required: 22 characters starting with GB as the country code

2. Sort codes are used, which are 6 digits

ERP Requirement:

No additional change required

Banking Requirement:

IBAN required