- Supported Modes
- B2B, B2P, P2P, P2B
- Supported Currencies
- XAF
- Network Participant
- Bank
- FX Source
- Live Interbank based rates available 24x7, including off-market hours
- Channels
- All banks in Cameroon
- Cutoff & delivery timing
-
Next day credit subject to Cut-off time 17:00 UTC
- Mandatory data requirements
- Remitter Name Remitter Identification Type Remit Purpose Code Remitter Account Type Remitter Identification Number Remitter Country Code Remitter Address Remitter Post Code Remitter City Beneficiary Account Number - IBAN Beneficiary Account Type Beneficiary Name Beneficiary Country 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.
- Notes
-
To check the supported banks, please use the API given on the link: https://docs.nium.com/apis/reference/searchroutingcodeusingbankname or get in touch with your respective AM.
| B2B | B2P | P2P | P2B | |
|---|---|---|---|---|
| Min | XAF 2,000 | XAF 2,000 | XAF 2,000 | XAF 2,000 |
| Max | XAF 49,999,999 | XAF 49,999,999 | XAF 49,999,999 | XAF 49,999,999 |
- Supported Modes
- B2P, P2P
- Supported Currencies
- XAF
- Network Participant
- Partner
- FX Source
- Live Interbank based rates available 24x7, including off-market hours
- Channels
- Orange, MTN
- Cutoff & delivery timing
-
Same day credit subject to cutoff of 23:00 Singapore time
- Mandatory data requirements
- Remitter Name Remitter Identification Type Beneficiary Name Beneficiary Country Code Beneficiary Contact Number Remitter Account Type Remitter Identification Number Remitter Country Code Beneficiary Address Payout Method - WALLET
- Supporting Documents
- Remitter Beneficiary Relationship Nature of Business Duration of Contract Commercial Agreement Current Invoice
- Beneficiary Statement Narrative
-
- Visibility of Statement Narration is missing
| B2P | P2P | |
|---|---|---|
| Min | XAF 500 | XAF 500 |
| Max | XAF 500,000 | XAF 500,000 |
- 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 Processing of payments to Crimea, Donetsk, Luhansk, Sevastopol regions of Ukraine is prohibited. This list is subject to change.
| B2B | B2P | P2P | P2B | |
|---|---|---|---|---|
| Min | 0 | 0 | 0 | 0 |
| Max | No limit | No limit | No limit | No limit |