improved
Update In Payout Requirements
29 days ago by Akash Mishra
This update enhances payout success rates and streamline validations for required fields, leading to a more efficient and reliable payout experience which will require users to make changes to your existing API integrations by 30th April 2025.
Impact on Local Payout
| Country | Currency | account_holder_name | bank_name | account_number | account_type | tax_id | phone_number | branch_name | address | iban | swift_code | bank_code | branch_code | sort_code | aba_code | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AR | ARS | Yes | Yes | Yes | Yes* | Yes* | Yes* | |||||||||
| BD | BDT | Yes | Yes | Yes | Yes* | Yes* | Yes | Yes | ||||||||
| BF | XOF | Yes | Yes | Yes* | ||||||||||||
| BJ | XOF | Yes | Yes | Yes* | ||||||||||||
| CA | CAD | Yes | Yes | Yes | Yes* | Yes | Yes | |||||||||
| CL | CLP | Yes | Yes | Yes | Yes* | Yes* | Yes* | |||||||||
| CR | CRC | Yes | Yes | Yes* | Yes* | Yes | Yes* | |||||||||
| CZ | CZK | Yes | Yes | Yes* | Yes | |||||||||||
| DK | DKK | Yes | Yes | Yes* | Yes* | Yes | ||||||||||
| GH | GHS | Yes | Yes | Yes | Yes* | |||||||||||
| GI | GBP | Yes | Yes | Yes* | Yes | |||||||||||
| HK | HKD | Yes | Yes | Yes | Yes* | Yes | Yes* | |||||||||
| HU | HUF | Yes | Yes | Yes* | Yes | |||||||||||
| ID | IDR | Yes | Yes | Yes | Yes* | Yes | ||||||||||
| KE | KES | Yes | Yes | Yes | Yes | Yes | Yes* | |||||||||
| KR | KRW | Yes | Yes | Yes | Yes* | Yes | Yes* | |||||||||
| LK | LKR | Yes | Yes | Yes | Yes* | Yes* | ||||||||||
| MA | MAD | Yes | Yes | Yes | Yes | Yes* | ||||||||||
| NO | NOK | Yes | Yes | Yes | Yes* | Yes | Yes | |||||||||
| NP | NPR | Yes | Yes | Yes | Yes* | |||||||||||
| PE | PEN | Yes | Yes | Yes | Yes* | Yes* | Yes* | |||||||||
| PK | PKR | Yes | Yes | Yes* | Yes | Yes* | ||||||||||
| PL | PLN | Yes | Yes | Yes* | Yes | Yes | ||||||||||
| RO | RON | Yes | Yes | Yes* | Yes | |||||||||||
| SE | SEK | Yes | Yes | Yes | Yes* | Yes | ||||||||||
| SG | SGD | Yes | Yes | Yes | Yes* | Yes | ||||||||||
| SN | XOF | Yes | Yes | Yes* | ||||||||||||
| TG | XOF | Yes | Yes | Yes* | ||||||||||||
| TR | TRY | Yes | Yes | Yes* | Yes | |||||||||||
| UG | UGX | Yes | Yes | Yes | Yes* | Yes* | Yes | Yes* | ||||||||
| US | USD | Yes | Yes | Yes | Yes* | Yes | ||||||||||
| UY | UYU | Yes | Yes | Yes | Yes | Yes* | Yes* | Yes | ||||||||
| ZA | ZAR | Yes | Yes | Yes* | Yes* | Yes* | Yes* |
Yes: Already existing and mandatory fields
Yes*: New Mandatory fields
Impact on Swift Payout
| Country | Supported Currencies | account_holder_name | bank_name | iban | account_number | swift_code | cnaps |
|---|---|---|---|---|---|---|---|
| BR | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| CN | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD, CNY | Yes | Yes | Yes | Yes | Yes* | |
| TR | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD, TRY | Yes | Yes | Yes* | Yes | ||
| AZ | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| VG | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| CR | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| GE | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| GI | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| GL | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| MR | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| MU | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| SC | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| LC | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| CZ | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| DO | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| GT | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| JO | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| KZ | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes | ||
| MD | USD, EUR, GBP, SGD, CAD, AED, SAR, QAR, DKK, BHD, CZK, HKD, HUF, ILS, JPY, KES, KWD, MXN, NZD, NOK, OMR, PLN, RON, CHF, SEK, UGX, AUD | Yes | Yes | Yes* | Yes |
Yes: Already existing and mandatory fields
Yes*: New Mandatory fields
Bank Name Validation (VN, PH, TH, ID, MY)
For payouts to Vietnam (VN), Philippines (PH), Thailand (TH), Indonesia (ID), and Malaysia (MY), an additional bank name validation is being implemented. The bank name provided in your request must match the names listed in this valid bank names list. Failure to provide a matching bank name will result in payout creation failure. This validation enables us to process these payouts in real time since this will prevent the payouts from moving into the manual processing queue.