Global Collection Accounts and Collect

Tazapay provides you with global collection accounts which you can share with your customers to receive payments in local currencies or using the SWIFT network. You can then withdraw the collected funds from the global collection accounts into the currency and bank account of your choice.

Collects represent incoming payments to your global collection accounts. A collect is created whenever there is a credit in the collection accounts. You can view the collection accounts and collects using Tazapay's dashboard.

Tazapay provides collection accounts in the following currencies

Mode of Transfer (SWIFT / Local Transfer)Currencies supported (ISO-currency codes)
SWIFTUSD, GBP, EUR, AUD, CAD, SGD, AED, HKD, JPY, KWD, NZD, OMR, QAR, SAR, THB, TRY, ZAR, BGN, BHD, CHF, CZK, DKK, HUF, ILS, KES, NOK, PLN, RON, SEK, UGX, CNH
Local Transfer (SWIFT Transfers will fail)USD, CAD, EUR, GBP, IDR, SGD, PHP, KRW, NGN, VND, AUD, NZD