Outgoing Payments Special Rules and Regulations of specific currencies and destination countries

Special Rules and Regulations of specific currencies and destination countries

Following currencies and countries have specific rules and regulations for payments

Information and guidelines for payments around the world

Currencies

Renminbi Factsheet (PDF)
Qatari Rial Purpose of Payment is mandatory for all outward payments 
Ruble Factsheet (PDF)
VO-Codes (PDF) 

Countries

Bangladesh
Purpose of Payment is mandatory for all outward payments
Bahrain Factsheet (PDF)
Canada

Canadian addresses must be written in the following format:

Street Number – Suite/Appartement Number, Street Name
City, Province-Code (two Alpha Characters), CA
CA Postal Code

Exemple
500-12 MAIN STREET
MONTREAL, QC, CA
H1N 3B7

Note: Addresses containing the expression "postal box," "P.O. Box," or "P.O." do not meet the regulatory requirements.

Canadian banks require the inclusion of the Canadian Clearing code in the payment instructions:

  • The CC code consists of 9 digits, the first 4 identifying the bank and the next 5 identifying the branch of the bank
  • The CC code should be placed in the Payment Reason or Bank to Bank Information fields.
  • The CC code may be imbedded in the Beneficiary’s account number. Any Canadian beneficiary account number that is more than 7 or 8 digits likely already includes the branch and/or the bank identifier.
  • Most Canadian banks publish specific wiring instructions on their websites or provide them to their customers. These wiring instructions clarify CC code requirements. Clients should obtain this information from their beneficiary
Egypt

Purpose of Payment is mandatory for all outward payments

India

Factsheet (PDF)

Indonesia Purpose of Payment is mandatory for all outward payments
Japan Purpose of Payment is mandatory for all outward payments
Jordan Factsheet (PDF)
Korea Purpose of Payment is mandatory for all outward payments
Macau Purpose of Payment is mandatory for all outward payments
Madagascar Purpose of Payment is mandatory for all outward payments
Malaysia Purpose of Payment is mandatory for all outward payments
Mauritius Purpose of Payment is mandatory for all outward payments
Philippines Purpose of Payment is mandatory for all outward payments
Sri Lanka Purpose of Payment is mandatory for all outward payments
Taiwan Purpose of Payment is mandatory for all outward payments
Thailand Factsheet (PDF)
Turkey Purpose of Payment is mandatory for all outward payments
United Arab Emirates Factsheet (PDF)
Liste PoP-Codes

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