- Supported Modes
- B2B, B2P, P2P, P2B
- Supported Currencies
- GBP
- Network Participant
- Bank
- FX Source
- Live Interbank based rates available 24x7, including off-market hours
- Channels
- All banks in Gibraltar
- Cutoff & delivery timing
-
1. Realtime for transaction amount <= GBP 1 Mn
2. Same day for transaction amount > GBP 1 Mn subject to cut-off of 15.30 GMT
- Mandatory data requirements
- Remitter Name Remitter Account Type Remitter Address Remitter Country Code Remitter Identification Type Remitter Identification Value Beneficiary Name Beneficiary Account Number Beneficiary Country Code Beneficiary Account Type Routing Code Type 1-Sort Code Routing Code Value 1
- Supporting Documents
- Remitter Beneficiary Relationship Nature of Business Duration of Contract Commercial Agreement Current Invoice
- Beneficiary Statement Narrative
-
- NIUM Fintech and Statement Narrative will be visible in the Beneficiary’s Bank statement,
| B2B | B2P | P2P | P2B | |
|---|---|---|---|---|
| Min | GBP 1 | GBP 1 | GBP 1 | GBP 1 |
| Max | No limit | No limit | No limit | No limit |
- Supported Modes
- B2B, B2P, P2P, P2B
- Supported Currencies
- EUR
- Network Participant
- Bank
- FX Source
- Live Interbank based rates available 24x7, including off-market hours
- Channels
- All banks connected with SEPA Network
- Cutoff & delivery timing
-
1. Realtime for transaction amount <= EUR 100,000
2. Same-day for transaction amount > EUR 100,000 subject to cutoff of 14.00 EET
3. Supported Banks https://www.ebaclearing.eu/services/rt1/participants/ https://www.ecb.europa.eu/paym/target/tips/facts/html/index.en.html
- Mandatory data requirements
- Remitter Name Remitter Account Type Remitter Address Remitter Country Code Remitter Identification Type Remitter Identication Number Beneficiary Name Beneficiary Country Code Beneficiary Account Type Beneficiary Account Number - IBAN Routing Code Type 1 - SWIFT CODE Routing Code Value 1
- Supporting Documents
- Remitter Beneficiary Relationship Nature of Business Duration of Contract Commercial Agreement Current Invoice
- Beneficiary Statement Narrative
-
- Remitter Name, NIUM & Statement Narrative appears in the beneficiary statement.
- Proof of Payment
-
Upon request, Proof of Payment for a transaction can be made available.
- Notes
-
1. Coverage includes the EU as well as several Non-EU countries. 2. Not all supported countries support Realtime payments 3. Few banks in Instant supported countries may not support instant payments and payments will be routed through Standard mode in such cases.
| B2B | B2P | P2P | P2B | |
|---|---|---|---|---|
| Min | 0 | 0 | 0 | 0 |
| Max | No limit | No limit | No limit | No limit |
- Supported Modes
- B2B, B2P, P2P, P2B
- Supported Currencies
- USD, EUR, SGD, 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 |