- Supported Modes
- B2B, B2P, P2P, P2B
- Supported Currencies
- BRL
- Network Participant
- Bank
- FX Source
- Live Interbank based rates available 24x7, including off-market hours
- Channels
- All banks in Brazil
- Cutoff & delivery timing
-
Same-day credit subject to cut-off of 14.30 BRT
- Mandatory data requirements
- Remitter Name Remitter Account Type Remitter Identification Type Remitter Identification Number Remitter Address Remitter Country Code Beneficiary Account Type Beneficiary Bank Account Type Beneficiary Account Number Beneficiary Identification Type Remit Purpose Code Beneficiary Contact Number Routing Code Value 1 Beneficiary Bank Code / SWIFT CODE Beneficiary Country Code Beneficiary Identification Value Routing Code Type 1 - Branch Code
- Supporting Documents
- Remitter Beneficiary Relationship Nature of Business Duration of Contract Commercial Agreement Current Invoice
- Beneficiary Statement Narrative
-
- Domestic Clearing System limits ability to transfer full remitter information to the Beneficiary. Visibility of Standard Statement Narration is missing
- Proof of Payment
-
Upon request, Proof of Payment for a transaction can be made available.
- Notes
-
1. Supporting Documents will be asked from beneficiary by their banks basis the amount threshold crossed. 2. Details of the thresholds and docs required available and can be shared upon request.
| B2B | B2P | P2P | P2B | |
|---|---|---|---|---|
| Min | BRL 0.06 | BRL 0.06 | BRL 0.06 | BRL 0.06 |
| Max | No limit | No limit | No limit | No limit |
- Supported Modes
- B2B, B2P, P2P
- Supported Currencies
- BRL
- Network Participant
- Bank
- FX Source
- Live Interbank based rates available 24x7, including off-market hours
- Channels
- All major banks in Brazil. List Available
- Cutoff & delivery timing
-
Real Time, 24x7
- Mandatory data requirements
- Remitter Name Remitter Identification Type Remitter Country Code Beneficiary Name Remit Purpose Code Proxy Value* Remitter Account Type Remitter Identification Number Remitter Address Beneficiary Country Code Proxy Type Beneficiary Identification Type
- Supporting Documents
- Remitter Beneficiary Relationship Nature of Business Duration of Contract Commercial Agreement Current Invoice
- Beneficiary Statement Narrative
-
- Domestic Clearing System limits ability to transfer full remitter information to the Beneficiary. Visibility of Standard Statement Narration is missing.
- Notes
-
1. Value for proxy type should be a. MOBILE b. EMAIL c. ID d. RANDOM KEY 3. There can be additional transaction Limits set up by Beneficiary Banks for PIX payouts. 4. Supporting Documents will be asked from beneficiary by their banks basis the amount threshold crossed. 5. Details of the thresholds and docs required available and can be shared upon request.
| B2B | B2P | P2P | |
|---|---|---|---|
| Min | BRL 0.06 | BRL 0.06 | BRL 0.06 |
| Max | No limit | No limit | No limit |
- Supported Modes
- B2B, B2P, P2P, P2B
- Supported Currencies
- USD, EUR, SGD, GBP, AUD, CAD, HKD, JPY, CHF, NZD
- Network Participant
- Bank
- FX Source
- Live Interbank based rates available 24x7, including off-market hours
- Channels
- All SWIFT enabled banks in the country
- Cutoff & delivery timing
-
Same-day processing subject to cutoff of 07:30 UTC
- Mandatory data requirements
- Remitter Name Remitter Account Type Remitter Identification Type Remitter Identification Number Remitter Address Remitter Country Code Beneficiary Name Beneficiary Account Type Beneficiary Account Number Beneficiary Country Code Beneficiary Address (Recommended) Beneficiary City (Recommended) Beneficiary Postcode (Recommended) Routing Code Value 1 Routing Code Type 1 - SWIFT Code Remit Purpose Code
- Supporting Documents
- Remitter Beneficiary Relationship Nature of Business Duration of Contract Commercial Agreement Current Invoice
- Beneficiary Statement Narrative
-
- Ultimate Sender Name and narrative details will be passed as part of MT103 message to beneficiary bank.
- Details available on beneficiary statement will be dependent on beneficiary bank.
- Proof of Payment
-
MT103 can be considered as a proof of payment and can be provided on request
- Notes
-
WIRES can be sent to all countries except for OFAC listed. MT103 can be provided on request. For foreign currency wire currencies USD, EUR, GBP - NIUM supports both OUR and SHA fee type while for other currencies AUD, CAD, CHF, JPY, NZD, HKD, SGD - NIUM supports only SHA fee type
| B2B | B2P | P2P | P2B | |
|---|---|---|---|---|
| Min | 0 | 0 | 0 | 0 |
| Max | No limit | No limit | No limit | No limit |