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Click ‘Get Form’ to open the global outward payments form in the editor.
Begin by filling out Part 1: Resident Entity Details. Enter your legal/registered entity name, registration number, and trading name. Ensure that you provide a complete business address including suburb, city, province, and postal code.
In Part 2: Beneficiary Details, input the beneficiary's surname and first full name. Specify their gender if applicable and provide their residential/business address along with banking details such as bank account number and SWIFT code.
Proceed to Part 3: Financial Surveillance Reporting Details. Fill in the required fields related to transaction categories, amounts, and any necessary import control numbers.
In Part 4: Settlement / Disbursement Instructions, select your preferred settlement method and provide relevant account details for debiting charges.
Finally, complete Part 5: Declaration And Signature by signing and dating the form to confirm all information is accurate.
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Balance of Payments Reporting (BoP Reporting) is an electronic message system used to report cross-border transactions to the South African Reserve Bank (SARB).
What is the balance of payments in the FNB?
Balance of Payments Reporting (BoP) is an electronic message system used by authorised dealers (i.e. banks) to report cross-border transactions to the South African Reserve Bank.
What is outward swift payment?
The SWIFT payment system allows you to securely and quickly transfer money to international bank accounts. Transfers can be tracked and you can even specify when you want your transfers to be actioned.
How do I receive an international payment?
Simple ways to receive payments internationally Get your account details. Sign up, get verified and pay a one-time fee to unlock account details in multiple currencies. Invoice clients and customers. Get paid, and go.
How do I receive a global payment?
Receive money abroad using the FNB App on your smartphone Login to the FNB App. Select the Forex tab. Select Global Receipts tab: Complete and provide all the transaction information required. Select a reason (BoP code) for receiving the payment. Follow screen prompts to complete the transaction.
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