Nium Fund & Collect Playbook
Our guide to receiving money using the Nium network.
Use case
- Not selected
-
The currency you want to fund your account in or the currency you want to accept from third
parties
- Not selected
-
The country in which receiver is located
- Not selected
-
The country from which you would like to fund your account or where your sender is
located(if you are accepting funds from third parties)
Rails used
Whether you would like to send your payment via local clearing system such as ACH, Fedwire,
CHATS or you would like to route your payment using Swift network.
Whether you would like to send your payment via local clearing system such as ACH, Fedwire,
CHATS or you would like to route your payment using Swift network.
Platform
The channel/platform on which you are onboarded Nium One or Masspay.
The channel/platform on which you are onboarded Nium One or Masspay.
Unsure about something? Visit the User Guide.
Unsure about something? Visit the User Guide.
PSE
COP
Realtime
Expected time frame within which you are expected to receive the funds
Your location
Colombia
Sender location
Colombia
Cutoff and delivery notes
24 *7 Availability
Transaction types
B2B
B2P
P2P
P2B
Transaction limits
No limit
No limit
No limit
No limit
Unique Virtual Account availability
Yes
Multiple Virtual Accounts per customer
No
Virtual Account allocation method
Aynchronous - virtual account will be allocated within 15 minutes.
Virtual Account in the name of
NIUM PTE LTD