- Supported Modes
- B2B, B2P, P2P, P2B
- Supported Currencies
- UGX
- Network Participant
- Partner
- FX Source
- Live Interbank based rates available 24x7, including off-market hours
- Channels
- All major banks in Uganda
- Cutoff & delivery timing
-
Same Day credit subject to cut-off by 15:00 EAT
- Mandatory data requirements
- Remitter Name Remitter Identification Type Remitter Identification Number Remitter Address Remitter City Remitter Post Code Remitter Account Type Remitter Country Code Beneficiary Account Number Beneficiary Address Beneficiary Country Code Beneficiary Name Beneficiary Account Type Beneficiary City Beneficiary Identification Number Routing Code Type – BRANCH CODE Routing Code Value Remit Purpose 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.
| B2B | B2P | P2P | P2B | |
|---|---|---|---|---|
| Min | UGX 1,000 | UGX 1,000 | UGX 1,000 | UGX 1,000 |
| Max | UGX 50,000,000 | UGX 50,000,000 | UGX 50,000,000 | UGX 50,000,000 |
- Supported Modes
- B2P, P2P
- Supported Currencies
- UGX
- Network Participant
- Partner
- FX Source
- Live Interbank based rates available 24x7, including off-market hours
- Channels
- Airtel, MTN
- Cutoff & delivery timing
-
Realtime, 24x7 availability
Real Time credit subject to cut-off by 17:00 EAT
- Mandatory data requirements
- Remitter Name Remitter Account Type Remitter Identification Type Remitter Identification Number Remitter Address Remitter City Remitter Post Code Remit Purpose Code Remitter Country Code Beneficiary Name Beneficiary IBAN Beneficiary Country Code Beneficiary Address Beneficiary City Beneficiary Account Type
- Supporting Documents
- Remitter Beneficiary Relationship Nature of Business Duration of Contract Commercial Agreement Current Invoice
- Beneficiary Statement Narrative
-
- No visibility on Statement Narrative.
- Notes
-
Certain remitter countries are allowed, list available
| B2P | P2P | |
|---|---|---|
| Min | UGX 1,000 | 0 |
| Max | UGX 4,000,000 | HUF 10,000,000 |
- 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 |