--- title: International Payment Requirements slug: cnb/international-payment-requirements description: Learn about the specific banking requirements and formatting guidelines for international payments to various countries with this informative document. docTags: createdAt: 2022-10-21T21:34:17.000Z --- 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. | **ERP** | **Vendor Setup Instructions** | | ------------------------ | ---------------------------------------------------------------------- | | **NetSuite** | [Viewing Entity Bank Details (NetSuite)](docId\:NrXc-l5jnygLQZKWAnJcc) | | **Sage Intacct** | [Payment Methods (Intacct)](docId\:ibh0OOg7XpVlXwvXl_AsZ) | | **Business Central 365** | [Payment Methods (Business Central)](docId\:ZDyhGx6VmaQ3sk9hNv1Nu) | ::::LinkArray{contentSource="CUSTOM"} :::LinkArrayItem **NetSuite** [Viewing Entity Bank Details (NetSuite)](docId\:NrXc-l5jnygLQZKWAnJcc) ::: :::LinkArrayItem **Sage Intacct** [Payment Methods (Intacct)](docId\:ibh0OOg7XpVlXwvXl_AsZ) ::: :::LinkArrayItem **Business Central 365** [Payment Methods (Business Central)](docId\:ZDyhGx6VmaQ3sk9hNv1Nu) ::: :::: 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. :::hint{type="warning"} **IMPORTANT:** As of April 27, 2023, International ACH payments are no longer accepted in European Countries, and as of 06/30/2023, International ACH Payments are no longer accepted in Canada. Please contact your CNB support representative with any further questions. ::: *** ## Payment Format Please include the following required information for all payments to avoid potential delays or returns. 1. Sender: Full name, account number, and address (Avoid use of P.O. Boxes) 2. Beneficiary: Full name, account number or IBAN, and address (Avoid use of P.O. Boxes) 3. Beneficiary Bank: Name, address, and SWIFT/BIC code (8 or 11 alphanumeric) :::hint{type="success"} **TIP: **The EASI Link® Connector now supports international wire payments that involve intermediary bank account information. ::: The current list of available countries for International Wires are as follows: | **Countries Available** | | | | ----------------------- | ------------------------ | ---------------------------- | | Australia | Austria | Albania | | Barbados | Belgium | Bosnia & Herzegovina | | Brazil | Canada | Chad | | China | Central African Republic | Colombia | | Czech Republic | Denmark | Democratic Republic of Congo | | Equatorial Guinea | Estonia | France | | Gabon | Germany | Ghana | | Greece | Guinea-Bissau | Hong Kong | | India | Indonesia | Ireland | | Israel | Italy | Jamaica | | Japan | Korea | Liechtenstein | | Luxembourg | Mexico | Netherland | | New Zealand | Norway | Philippines | | Poland | Portugal | Singapore | | South Africa | Spain | Sweden | | Switzerland | Tanzania | Thailand | | Turkey | Uganda | United Arab Emirates | | United Kingdom | | | :::hint{type="info"} **NOTE:** For major currency wire FX transfers (EUR/CAD), there is a $250,000 limit; for minor currencies, such as BZD or INR, there is a $50,000 limit. If you wish to initiate wire transfers exceeding these limits, please contact CNB for a Trader Control Number to receive a FX rate. Countries considered "major" currencies are Australia, Canada, China, the Czech Republic, Denmark, the Euro Zone, Hong Kong, Israel, Japan, Mexico, New Zealand, Norway, Poland, Singapore, South Africa, Sweden, Switzerland, Thailand, Turkey, the UAE, and the UK. ::: *** ## Countries Below is the list of countries currently supported and their payment requirements, ordered A-Z. *** ## Albania **Swift BIC Country Code: **AL **Currency Code:** ALL **Currency:** Albanian Lek **Special Formatting Requirements:** 1. IBAN required: 28 characters starting with AL as the country code. 2. The purpose of payment is mandatory. **ERP Requirement:** No additional change required **Banking Requirement:** IBAN required *** ## Argentina **Swift BIC Country Code: **AR **Currency Code:** ARS **Currency:** Armenian Dram **Special Formatting Requirements:** 1. Beneficiary Account Number is required. 2. Beneficiary Email is required. 3. Purpose of Payment is required. 4. Tax ID is required (digits only, between 8 - 10 digits). **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) *** ## Armenia **Swift BIC Country Code: **AM **Currency Code:** AMD **Currency:** Armenian Dram **Special Formatting Requirements:** 1. Legal Status is required. 2. Purpose of Payment is required. 3. Tax ID (TIN/Social Card) is required (digits only, between 8 - 10 digits). **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) *** ## Australia **Swift BIC Country Code: **AU **Currency Code:** AUD **Currency:** Australian Dollar **Special Formatting Requirements:** 1. A six-digit Bank State Branch or BSB number is required. The first two digits represent the bank, the third represents the state, and the last three represent the branch. **ERP Requirement:** No additional change required **Banking Requirement:** Banks are required to report international funds transfers to the local regulator, AUSTRAC *** ## Austria **Swift BIC Country Code: **AT **Currency Code:** EUR **Currency:** Euro **Special Formatting Requirements:** 1. IBAN required: 20 characters starting with AT as the country code. 2. SEPA guidelines are enforced. **ERP Requirement:** No additional change required **Banking Requirement:** IBAN required. *** ## Barbados **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. *** ## Belgium **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 *** ## Bosnia and Herzegovina **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. *** ## Brazil **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 *** ## Canada **Swift BIC Country Code: **CA **Currency Code:** CAD **Currency:** Dollar **Special Formatting Requirements:** 1. It is recommended that CAD payments use the 5-digit branch transit number and the 3-digit Canadian financial institution number 2. Use of initials in the beneficiary’s full name may delay payment receipt 3. Address information using a PO Box is not acceptable without a full physical address 4. Purpose of payment must be clearly identified (rent, salary, utilities) 5. A telephone number may be required **ERP Requirement:** No additional change required **Banking Requirement:** No additional change required *** ## Central African Republic **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. *** ## Chad **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. *** ## China **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 *** ## Colombia **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 *** ## Czech Republic **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. *** ## Democratic Republic of Congo **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. *** ## Denmark **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 *** ## Estonia **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 *** ## Equatorial Guinea **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. *** ## France **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 *** ## Gabon **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. *** ## Germany **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 *** ## Ghana **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. *** ## Greece **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 *** ## Guinea Bissau **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. *** ## Hong Kong **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 *** ## India **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: - Purpose of payment code and/or description - IFSC code: 11 digits - Indian Financial System Code (IFS Code): is an alphanumeric code that uniquely identifies the bank and branch where the account is held. **ERP Requirement:** No additional change required **Banking Requirement:** Do not code to IFSC code; code to “localbranchcode” *** ## Indonesia **Swift BIC Country Code: **ID **Currency Code:** IDR **Currency:** Indonesian Rupiah **Special Formatting Requirements:** 1\. Additional information required: - Clear description of the purpose of the payment - Mandatory data formatted “SKN/A/B/C/D” (ex. SKN/1/2/50/2) *A. Beneficiary Type:*1 = Individual2 = Corporate3 = Government*B. Residential Status:*1 = Resident2 = Non-Resident*C. Transaction Type:*50 = Transfer between Customers51 = Government Transactions59 = Reversal / Return*D. 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 *** ## Ireland **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 *** ## Israel **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 *** ## Italy **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 *** ## Jamaica **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. *** ## Japan **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: - No cents after the decimal point - The beneficiary bank may apply a lifting charge **ERP Requirement:** No additional change required **Banking Requirement:** No cents after the decimal point *** ## Korea **Swift BIC Country Code: **KR **Currency Code:** KRW **Currency:** Won **Special Formatting Requirements:** 1\. Additional information required: - Clear description of the purpose of the payment - Beneficiary contact name 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: - Clear description of the purpose of the payment - Beneficiary contact name *** ## Leichtenstein **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. *** ## Luxembourg **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 *** ## Mexico **Swift BIC Country Code: **MX **Currency Code:** MXN **Currency:** Mexican Peso **Special Formatting Requirements:** 1\. Additional information required: CLABE account number – 18 digits \*Note: - CLABE: is a banking standard for bank accounts in Mexico and is required for receiving transfers. - Please ensure all wire instructions are correct before releasing. Local regulation does not permit amendments/changes. 2\. Purpose of payment must be clearly identified (rent, salary, utilities) **ERP Requirement:** No additional change required **Banking Requirement:** CLABE account number required *** ## Netherlands **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 *** ## New Zealand **Swift BIC Country Code: **NZ **Currency Code:** NZD **Currency:** New Zealand Dollar **Special Formatting Requirements:** Requires a BSB code: - A 6-digit NZ clearing code (first 2 digits are bank, last 4 digits are branch) - 7-digit account number - 3-digit suffix **ERP Requirement:** No additional change required **Banking Requirement:** IBAN required *** ## Norway **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 *** ## Philippines **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 *** ## Poland **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 *** ## Portugal **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 *** ## Singapore **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 ## South Africa **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 *** ## Spain **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 *** ## Sweden **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 *** ## Switzerland **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 *** ## Tanzania **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. *** ## Thailand **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. ## Turkey **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 *** ## Uganda **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. *** ## United Arab Emirates **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 *** ## United Kingdom **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