Export currency guide - cashmanagement.bnpparibas.com · Indonesia Indonesian rupiah IDR Israel Israeli shekel ILS India Indian rupee INR Jamaica Jamaican dollar JMD Jordan Jordanian

April 2019

Disclaimer

This document has been prepared by BNP PARIBAS for informational purposes only. Althoughthe information in this document has been obtained from sources which BNP PARIBAS believesreliable, we do no represent or warrent its accuracy, and such information may be incompleteor condensed. This document does not constitute a prospectus or solicitation.

All estimates and opinions included in this document constitute our judgement as of the date ofthe document and may be subject to change without notice. Changes to assumptions may havea material impact on any recommendations made herein.

The elements of information provided hereafter represent detailed requirements for optimisinginternational payment processing with BNP Paribas. In certain BNP Paribas branches, not all thecurrencies mentioned are available for making payments and some currencies may haveadditional requirements. Please contact your Account Manager for more details.

In case you use the PDF version of the Currency Guide, please make sure to always use thelatest version as regular updates to the Currency Guide are being performed.

This document is confidential and is being submitted toselected recipients only. It may not bereproduced (in whole or in part) to any other person without the prior written permission ofBNP PARIBAS.

© 2019 BNP PARIBAS. All rights reserved.

Currency Guide

Table of Contents

Introduction 7 ....................................................................................................................................................... Best practices for successful international payments 8 ............................................................................................ Currency Availability at BNP Paribas 10 ................................................................................................................. List of countries and currency codes 11 ................................................................................................................. Currency holidays 15 ..........................................................................................................................................

Currencies 20 ........................................................................................................................................................ AED 23 .............................................................................................................................................................. ALL 27 ............................................................................................................................................................... AMD 30 ............................................................................................................................................................. ANG 33 .............................................................................................................................................................. AOA 36 .............................................................................................................................................................. AUD 39 .............................................................................................................................................................. AWG 42 ............................................................................................................................................................. AZN 45 .............................................................................................................................................................. BAM 49 .............................................................................................................................................................. BBD 52 .............................................................................................................................................................. BDT 54 .............................................................................................................................................................. BGN 57 .............................................................................................................................................................. BHD 60 .............................................................................................................................................................. BIF 63 ................................................................................................................................................................ BMD 66 ............................................................................................................................................................. BND 69 .............................................................................................................................................................. BOB 72 .............................................................................................................................................................. BRL 75 .............................................................................................................................................................. BSD 78 .............................................................................................................................................................. BTN 80 .............................................................................................................................................................. BWP 83 ............................................................................................................................................................. BYN 86 .............................................................................................................................................................. BZD 89 .............................................................................................................................................................. CAD 92 .............................................................................................................................................................. CDF 95 .............................................................................................................................................................. CHF 98 .............................................................................................................................................................. CLP 101 ............................................................................................................................................................. CNY 104 ............................................................................................................................................................ COP 108 ............................................................................................................................................................ CRC 111 ............................................................................................................................................................ CVE 114 ............................................................................................................................................................ CZK 117 ............................................................................................................................................................ DJF 121 ............................................................................................................................................................. DKK 124 ............................................................................................................................................................ DOP 127 ............................................................................................................................................................ DZD 130 ............................................................................................................................................................ EGP 134 ............................................................................................................................................................ ERN 136 ............................................................................................................................................................ ETB 139 ............................................................................................................................................................ EUR 141 ............................................................................................................................................................ FJD 145 .............................................................................................................................................................

GBP 148 ............................................................................................................................................................ GEL 151 ............................................................................................................................................................ GHS 154 ............................................................................................................................................................ GMD 157 ........................................................................................................................................................... GNF 160 ............................................................................................................................................................ GTQ 163 ............................................................................................................................................................ GYD 165 ............................................................................................................................................................ HKD 168 ............................................................................................................................................................ HNL 170 ............................................................................................................................................................ HRK 173 ............................................................................................................................................................ HTG 176 ............................................................................................................................................................ HUF 178 ............................................................................................................................................................ IDR 182 ............................................................................................................................................................. ILS 185 .............................................................................................................................................................. INR 188 ............................................................................................................................................................. JMD 192 ............................................................................................................................................................ JOD 194 ............................................................................................................................................................. JPY 197 .............................................................................................................................................................. KES 201 ............................................................................................................................................................ KGS 203 ............................................................................................................................................................ KHR 206 ............................................................................................................................................................ KMF 209 ............................................................................................................................................................ KRW 212 ........................................................................................................................................................... KWD 215 ........................................................................................................................................................... KYD 218 ............................................................................................................................................................ KZT 220 ............................................................................................................................................................ LAK 224 ............................................................................................................................................................. LBP 227 ............................................................................................................................................................. LKR 230 ............................................................................................................................................................. LSL 232 ............................................................................................................................................................. MAD 236 ........................................................................................................................................................... MDL 239 ............................................................................................................................................................ MGA 242 ........................................................................................................................................................... MKD 245 ........................................................................................................................................................... MNT 248 ............................................................................................................................................................ MOP 251 ............................................................................................................................................................ MRU 254 ........................................................................................................................................................... MUR 257 ........................................................................................................................................................... MVR 260 ............................................................................................................................................................ MWK 263 ........................................................................................................................................................... MXN 265 ........................................................................................................................................................... MYR 268 ............................................................................................................................................................ MZN 271 ........................................................................................................................................................... NAD 275 ............................................................................................................................................................ NGN 278 ........................................................................................................................................................... NIO 280 ............................................................................................................................................................. NOK 283 ............................................................................................................................................................ NPR 286 ............................................................................................................................................................ NZD 289 ............................................................................................................................................................ OMR 293 ........................................................................................................................................................... PEN 297 ............................................................................................................................................................ PGK 300 ............................................................................................................................................................ PHP 303 ............................................................................................................................................................ PKR 306 ............................................................................................................................................................ PLN 309 ............................................................................................................................................................. PYG 312 ............................................................................................................................................................ QAR 316 ............................................................................................................................................................ RON 320 ............................................................................................................................................................

RSD 323 ............................................................................................................................................................ RUB 326 ............................................................................................................................................................ RWF 331 ............................................................................................................................................................ SAR 335 ............................................................................................................................................................ SBD 338 ............................................................................................................................................................ SCR 340 ............................................................................................................................................................ SEK 343 ............................................................................................................................................................ SGD 346 ............................................................................................................................................................ SLL 349 ............................................................................................................................................................. SRD 352 ............................................................................................................................................................ STN 355 ............................................................................................................................................................ SZL 358 ............................................................................................................................................................. THB 362 ............................................................................................................................................................ TND 365 ............................................................................................................................................................ TOP 368 ............................................................................................................................................................ TRY 370 ............................................................................................................................................................ TTD 373 ............................................................................................................................................................ TWD 375 ........................................................................................................................................................... TZS 378 ............................................................................................................................................................ UGX 381 ............................................................................................................................................................ USD 384 ............................................................................................................................................................ UYU 387 ............................................................................................................................................................ VND 390 ............................................................................................................................................................ VUV 393 ............................................................................................................................................................ WST 396 ............................................................................................................................................................ XAF 399 ............................................................................................................................................................ XCD 402 ............................................................................................................................................................ XOF 405 ............................................................................................................................................................ XPF 408 ............................................................................................................................................................. ZAR 412 ............................................................................................................................................................ ZMW 415 ...........................................................................................................................................................

Currency Guide

Helping you make successful internationalpayments

As a global banking player with a strong local footprint, we are in pole position to observe the changes of ourenvironment. We believe that change is a chance if we know how to make the best of it. This is why our CashManagement team is committed to innovation and to providing the best-in-class advisory services and forward-thinking solutions.

Sharing our knowledge with you is part of our philosophy, and it was the driving force behind the release of thisCurrency Guide, an operational tool that addresses a challenge common to all organisations today: managing theuncertainty and complexity of making international payments.

In a globalised economy, the scenarios are multiple, yet the common denominator between a German-basedchemical group with integrated R&D facilities in India, a US-based chemical group having subsidiaries all around theworld and a Belgian chocolate producer with suppliers in Brazil is that they are all confronted with the potentialrisks brought by making international payments.

Designed for organisations of all sizes and profiles, this Currency Guide builds on the knowledge of our leadingexperts in the domains of foreign exchange and transaction banking. Also available online, it explains the whys,whats and hows of international payments. By delivering the essential guidelines to make successful internationalpayments as well as exhaustive data on more than 130 currencies, it responds to the needs of treasurers while alsosupporting those in charge of making international payments. Visit our dedicated websitehttps://cashmanagement.bnpparibas.com/cg.

This Currency Guide was put together for you. We hope you find it clear and useful.

Wim Grosemans, Global Head of Product Management – Payments & Collections

Currency Guide

Currency Guide

April 2019 | 8

Best practices for successful internationalpayments

This guide provides currency specific information in order to facilitate andoptimise the processing of international payments.The Currency Guide is structured as follows for every currency :1. The overview describes the currency in general (including any tradability limitations).2. The currency guidelines provides what information should ideally be added in the payment instruction. Here,information will be split in mandatory and recommended. Missing mandatory information can result in rejectedpayments.3. The payment formatting makes the link with respective tags for the MT101 and XML V3 formats.4. The additional information describes specific local regulations, links to central band and other useful websites. This guide will always refer to standard information that is required for each payment no matter the currency. It consistsof :1. Information of the beneficiary: full name, account number. Moreover, it is recommended to add the full physicaladdress of the beneficiary.2. Information of the bank of the beneficiary:

a) BIC code by default (branch identifier included, if provided).b) Local clearing code: on a currency per currency basis potentially combined with a BIC code and/or textdescription.c) Name and address: in absence of any bank identifier code (NB it is recommended to repeat the specific branchlocation in the remittance information). For certain countries, the absence of a valid BIC or clearing code may resultin additional charges.

In addition, several options for allocating the associated banking fees (when applicable) are mentioned:BEN: The beneficiary bears all the fees. The ordering bank processing fees and all correspondent bank charges arededucted from the principal amount.SHA: The debtor and the beneficiary are charged for their respective fees. Correspondent bank charges may bededucted from the principal amount.OUR: The debtor bears all the fees. The beneficiary receives the entire instructed amount.

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April 2019 | 9

General Recommendations

In this section you can find some common guidelines applicable for all currencies within this guide:

It is recommended to be as complete as possible: providing insufficient or incomplete information such as initials,abbreviations or acronyms mainly in beneficiary names or addresses might result in delayed or rejectedpayments.

Account number:- In some countries, the IBAN format is mandatory (see appendix VI for list of countries and examples).- In all other cases, the usage of an IBAN is recommended, where possible.

Unless stated otherwise, it is always recommended to add a clear reason/purpose of payment in the remittanceinformation. This information can consist of a full written description (in English), a code describing the reason ofpayment, or a combination of both. For example: providing an invoice number without guiding text is consideredby most banks as insufficient and can result in errors or delays

The common practice for international payments is to add information in English and in Latin characters, not inthe local language of the payer or payee.

A majority of currencies accept two decimals. Exceptions to this rule will be specified in the currency guidelines.

Specific Recommendations

In this section you can find some country specific guidelines (not related to the currency):

State of Palestine:- A purpose of payment code is mandatory and required by the Palestine Monetary Authority (PMA) for allpayments towards Palestine regardless of the currency. The purpose of payment has to be added to the reason ofpayment (MT101 Tag 70).- The detailed list of payment purpose codes can be found in appendix X.

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April 2019 | 10

Currency availability at BNP ParibasAED CVE KES NZD UYU

ALL CZK KGS OMR VND

AMD DJF KHR PEN VUV

ANG DKK KMF PGK WST

AOA DOP KRW PHP XAF

AUD DZD KWD PKR XCD

AWG EGP KYD PLN XOF

AZN ERN KZT PYG XPF

BAM ETB LAK QAR ZAR

BBD EUR LBP RON ZMW

BDT FJD LKR RSD

BGN GBP LSL RUB

BHD GEL MAD RWF

BIF GHS MDL SAR

BMD GMD MGA SBD

BND GNF MKD SCR

BOB GTQ MNT SEK

BRL GYD MOP SGD

BSD HKD MRO SLL

BTN HNL MUR SRD

BWP HRK MVR STD

BYN HTG MWK SZL

BZD HUF MXN THB

CAD IDR MYR TND

CDF ILS MZN TOP

CHF INR NAD TRY

CLP NGN TTD TWD

CNY JMD NIO TZS

COP JOD NOK UGX

CRC JPY NPR USD

This list of currencies can be subject to change over time. Please register onhttps://cashmanagement.bnpparibas.com/cg to receive updates on the offer.

http://cashmanagement.bnpparibas.com/cg

Currency Guide

April 2019 | 11

List of countries and currency codesCOUNTRY CURRENCY NAME CURRENCY CODE

United Arab Emirates United Arab Emirates dirham AED

Albania Albanian lek ALL

Armenia Armenian dram AMD

Netherlands Antilles Netherlands Antillean guilder ANG

Angola Angolan kwanza AOA

Australia Australian dollar AUD

Aruba Aruban florin AWG

Azerbaijan Azerbaijani manat AZN

Bosnia and Herzegovina Bosnia-Herzegovina convertible mark BAM

Barbados Barbadian dollar BBD

Bangladesh Bangladeshi taka BDT

Bulgaria Bulgarian lev BGN

Bahrain Bahraini dinar BHD

Burundi Burundi franc BIF

Bermuda Bermudian dollar BMD

Brunei Brunei dollar BND

Bolivia Bolivian boliviano BOB

Brazil Brazilian real BRL

Bahamas Bahamian dollar BSD

Bhutan Bhutanese ngultrum BTN

Botswana Botswana pula BWP

Belarus Belarus Ruble BYN

Belize Belize dollar BZD

Canada Canadian dollar CAD

Democratic Republic of Congo Congolese franc CDF

Switzerland Swiss franc CHF

Chile Chilean peso CLP

China Chinese renminbi (offshore = CNH) CNY

Colombia Colombian peso COP

Costa Rica Costa Rican colon CRC

Cape Verde Cape Verdean escudo CVE

Czech Republic Czech koruna CZK

Djibouti Djiboutian franc DJF

Denmark Danish krone DKK

Dominican Republic Dominican peso DOP

Algeria Algerian dinar DZD

Egypt Egyptian pound EGP

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COUNTRY CURRENCY NAME CURRENCY CODE

Eritrea Eritrean nakfa ERN

Ethiopia Ethiopian birr ETB

Euro area Euro EUR

Fiji Fijian dollar FJD

United Kingdom British pound sterling GBP

Georgia Georgian lari GEL

Ghana Ghanaian cedi GHS

Gambia Gambian dalasi GMD

Guinea Guinean franc GNF

Guatemala Guatemalan quetzal GTQ

Guyana Guyanese dollar GYD

Hong Kong Hong Kong dollar HKD

Honduras Honduran lempira HNL

Croatia Croatian kuna HRK

Haiti Haitian gourde HTG

Hungary Hungarian forint HUF

Indonesia Indonesian rupiah IDR

Israel Israeli shekel ILS

India Indian rupee INR

Jamaica Jamaican dollar JMD

Jordan Jordanian dinar JOD

Japan Japanese yen JPY

Kenya Kenyan shilling KES

Kyrgyzstan Kyrgyzstani som KGS

Cambodia Cambodian riel KHR

Comoros Comorian franc KMF

South Korea South Korean won KRW

Kuwait Kuwaiti dinar KWD

Cayman Islands Cayman Islands dollar KYD

Kazakhstan Kazakhstani tenge KZT

Laos Lao kip LAK

Lebanon Lebanese pound LBP

Sri Lanka Sri Lankan rupee LKR

Lesotho Lesotho loti LSL

Morocco Moroccan dirham MAD

Moldova Moldovan leu MDL

Madagascar Malagasy ariary MGA

Macedonia Macedonian denar MKD

Mongolia Mongolian tugrik MNT

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April 2019 | 13


Macau Macanese pataca MOP

Mauritania Mauritanian ouguiya MRO

Mauritius Mauritian rupee MUR

Maldives Maldivian rufiyaa MVR

Malawi Malawian kwacha MWK

Mexico Mexican peso MXN

Malaysia Malaysian ringgit MYR

Mozambique Mozambican metical MZN

Namibia Namibian dollar NAD

Nigeria Nigerian naira NGN

Nicaragua Nicaraguan cordoba NIO

Norway Norwegian krone NOK

Nepal Nepalese rupee NPR

New Zealand New Zealand dollar NZD

Oman Omani rial OMR

Peru Peruvian sol PEN

Papua New Guinea Papua New Guinean kina PGK

Philippines Philippine peso PHP

Pakistan Pakistani rupee PKR

Poland Polish zloty PLN

Paraguay Paraguayan guarani PYG

Qatar Qatari riyal QAR

Romania Romanian leu RON

Serbia Serbian dinar RSD

Russia Russian ruble RUB

Rwanda Rwandan franc RWF

Saudi Arabia Saudi Arabian riyal SAR

Solomon Islands Solomon Islands dollar SBD

Seychelles Seychellois rupee SCR

Sweden Swedish krona SEK

Singapore Singapore dollar SGB

Sierra Leone Sierra Leonean leone SLL

Suriname Surinamese dollar SRD

São Tomé and Príncipe Sao Tome and Principe dobra STD

Swaziland Swazi lilangeni SZL

Thailand Thai baht THB

Tunisia Tunisian dinar TND

Tonga Tongan pa'anga TOP

Turkey Turkish lira TRY

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Trinidad and Tobago Trinidad and Tobago dollar TTD

Taiwan New Taiwan dollar TWD

Tanzania Tanzanian shilling TZS

Uganda Ugandan shilling UGX

United States of America U.S. dollar USD

Uruguay Uruguayan peso UYU

Vietnam Vietnamese dong VND

Vanuatu Vanuatu vatu VUV

Samoa Samoan tala WST

Cameroon, Central African Republic, Congo,Chad, Equatorial Guinea, Gabon

Central African CFA franc XAF

Anguilla, Antigua and Barbuda, Dominica,Grenada, Montserrat, Saint Kitts and Nevis, SaintLucia, Saint Vincent and the Grenadines

East Caribbean dollar XCD

Benin, Burkina Faso, Ivory Coast, Guinea-Bissau,Mali, Niger, Senegal, Togo

West African CFA franc XOF

French Polynesia, New Caledonia, Wallis andFutuna

Pacific franc XPF

South Africa South African rand ZAR

Zambia Zambian kwacha ZMW

Currency Guide

April 2019 | 15

Currency holidays

JANUARY

1 Tu

AED, ALL, AMD, AOA, AUD, AWG, AZN, BAM, BBD, BGN, BHD,BIF, BMD, BND, BOB, BRL, BSD, BWP, BYR, BZD, CAD, CDF,CHF, CLP, CNY, COP, CRC, CVE, CZK, DJF, DKK, DOP, DZD, ERN,EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, GYD, HKD, HNL,HRK, HTG, HUF, IDR, JMD, JOD, JPY, KES, KGS, KHR, KMF, KRW,KWD, KYD, KZT, LAK, LBP, LSL, MAD, MDL, MGA, MKD, MNT,MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO,NOK, NZD, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD,RUB, RWF, SBD, SCR, SEK, SGD, SLL, SRD, STD, SZL, THB, TND,TOP, TRY, TTD, TWD, TZS, UGX, USD, UYU, VND, VUV, WST,XAF, XCD, XOF, XPF, ZAR, ZMW

2 WeALL, AMD, AWG, AZN, BAM, BTN, BWP, CHF, GEL, HTG, JPY,KZT, MUR, NZD, RON, RSD, RUB, RWF, SCR, WST, XCD

3 Th AMD, JPY, RUB4 Fr AMD, CDF, RUB, STD5 Sa AMD6 Su AMD, DOP, LBP, MKD, PLN, UYU

7 MoAMD, BYR, COP, EGP, ERN, ETB, GEL, KGS, KHR, KZT, MDL,MKD, RSD, RUB

8 Tu MDL, RUB10 Th BSD11 Fr MAD12 Sa TZS13 Su CVE14 Mo JPY, TND15 Tu LKR, MWK, NPR16 We CDF17 Th CDF19 Sa ERN, ETB, GEL, MKD20 Su CVE21 Mo AZN, BBD, DOP, MUR, MYR, USD22 Tu BOB24 Th RON25 Fr AWG, EGP26 Sa DOP, INR, UGX28 Mo AUD, AMD, KYD30 We NPR

FEBRUARY

1 Fr MUR, MYR, RWF3 Su STD4 Mo AOA, CNY, KRW, LKR, MXN, MZN, TWD, VND

5 TuBIF, BND, BTN, CNY, HKD, IDR, KRW, MNT, MUR, MYR, PKR,SRD, TWD, VND

6 We BTN, CNY, HKD, KRW, MNT, MYR, NZD, TWD, VND7 Th CNY, MNT, TWD, VND8 Fr CNY, VND9 Sa CNY, LBP11 Mo JPY12 Tu QAR14 Th LBP15 Fr RSD16 Sa UGX18 Mo GMD, SLL, USD19 Tu INR, KHR, NPR, SGD, THB21 Th BDT, BTN, VUV22 Fr BTN23 Sa BND, BTN, GYD, KGS25 Mo KWD, SRD26 Tu KWD 27 We DOP 28 Th TWD

JULY

1 MoBDT, BIF, BWP, CAD, COP, EGP, GHS, GTQ, GYD, HKD, KYD,PKR, RWF, SGD, SRD, THB, ZMW

2 Tu ZMW3 We BYR4 Th RWF, TOP, USD5 Fr AMD, CVE, CZK6 Sa KMF7 Su KMF, TZS8 Mo KZT, MWK, SBD10 We BSD11 Th MNT12 Fr MNT, STD13 Sa MNT14 Su MNT, XPF15 Mo BND, BWP, JPY, MNT, SGD, THB, TRY16 Tu BOB, BWP, CLP

MARCH

1 Fr KRW, PYG, TWD2 Sa ETB3 Su GEL, 4 Mo AWG, BGN, BOB, BRL, MUR, MWK, MYR, TTD, UYU5 Tu AOA, BOB, BRL, HTG, TTD, UYU, VUV, SPF6 We CVE, GHS, HTG, JMD, KYD7 Th INR

8 FrAMD, AOA, AZN, BYR, ERN, GEL, KGS, KHR, KZT, LAK, MDL,MNT, NPR, RUB, SLL, UGX, ZMW

11 Mo AUD, BZD, LSL12 Tu MUR, ZMW14 Th ALL15 Fr HUF17 Su BDT18 Mo AWG, MXN20 We AZN, TND21 Th AZN, GYD, ILS, INR, JPY, KGS, KZT, NAD, SRD, ZAR 22 Fr ALL, AZN, KZT, 23 Sa AZN, MYR, PKR24 Mo AZN25 Tu COP; KZT, LBP26 We BDT29 Sa MGA, XAF30 Su TTD

APRIL

2 Tu AED, DJF, OMR3 We BND, IDR, MYR4 Th AOA, KWD, TWD5 Fr CNY, HKD, TWD6 Sa BIF, CNY, INR, MUR7 Su RWF, TZS8 Mo KGS, MZN, SGD, THB9 Tu GEL, PHP, TND11 Th CRC13 Sa LKR, THB14 Su BDT, HNL, LKR, NPR15 Mo KHR, LAK, MYR, SGD, THB16 Tu KHR, LAK, SGD, THB17 We IDR, INR, KHR, LAK

18 ThCOP, CRC, DKK, GTQ, HNL, MXN, NIO, NOK, PEN, PHP, PYG,SEK, UYU

19 Fr

AOA, AUD, AWG, BBD, BMD, BOB, BRL, BSD, BWP, BZD, CAD,CHF, CLP, COP, CRC, CVE, CZK, DKK, DOP, EUR, FJD, GBP, GHS,GMD, GTQ, GYD, HKD, HNL, HTG, HUF, IDR, INR, JMD, KES,KYD, LBP, LKR, LSL, MWK, MXN, MYR, NAD, NGN, NIO, NOK,NZD, PEN, PGK, PHP, PYG, RWF, SBD, XCR, SEK, SLL, SRD, SZL,TOP, TTD, TZS, UGX, UYU, VUV, WST, XCD, XPF, ZAR, ZMW

20 SaBWP, BZD, CLP, FJD, GTQ, HKD, MXN, PGK, SBD, SCR, WST,ZMW

21 Su BRL

22 Mo

ALL, AUD, AWG, BBD, BSD, BWP, BZD, CHF, CZK, DKK, EUR,GBP, GHS, GMD, GNF, GYD, HKD, HRK, HUF, JMD, KES, KYD,LBP, LSL, MGA, MWK, NAD, NGN, NOK, NZD, PGK, PLN, RWF,SBD, SCR, SEK, SLL, SRD, SZL, TOP, TTD, TZS, UGX, UYU, VUV,WST, XAF, XCD, XOF, XPF, ZAR, ZMW

23 Tu TRY24 We AMD25 Th AUD, EGP, NZD, SZL, TOP26 Fr BGN, ERN, ETB, GEL, ILS, LBP, MKD, MYR, RON, RSD, TZS27 Sa AWG, GEL28 Su EGP, ERN

29 MoALL, BBD, BGN, DOP, EGP, GEL, JPY, LBP, MDL, MKD RON, RSD,SLL

30 Tu SEK, VND

SEPTEMBER

1 SuAED, BND, DJF, EGP, ERN, JOD, KMF, LBP, MAD, MRO, MVR,OMR

2 Mo BMD, CAD, INR, MUR, SZL, USD, VND6 Fr BGN, STD, SZL7 Sa BRL, FJD, MZN9 Mo MKD, MYR10 Tu BDT, BHD, BZD, DZD, GMD, INR, LBP, PKR11 We BHD, ETB, PKR12 Th ERN, KRW13 Fr CNY, KRW, TWD14 Sa CNY, KRW, NIO15 Su CRC16 Mo GTQ, HNL, JPY, MXN, PYR, NIO, PGK, XCD

MAY

1 We

ALL, AMD, AOA, AWG, BAM, BBD, BDT, BGN, BHD, BIF, BOB,BRL, BWP, BYR, BZD, CDF, CHF, CLP, CNY, COP, CRC, CVE, CZK,DJF, DZD, EGP, ERN, ETB, EUR, GHS, GMD, GNF, GTQ, GYD,HKD, HNL, HRK, HTG, HUF, IDR, INR, KES, KGS, KHR, KMF,KRW, KZT, LAK, LBP, LKR, LSL, MAD, MDL, MGA, MKD, MRO,MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK,NPR, PEN, PHP, PKR, PLN, PYG, RON, RSD, RUB, RWF, SCR,SEK, SGD, SLL, SRD, STD, SZL, THB, TND, TRY, TWD, TZS, UGX,UYU, VND, VUV, XAF, XOF, XPF, ZAR, ZMW

2 Th BAM,BTN, JOD, RSD, RUB3 Fr JPY, PLN, RUB4 Sa JPY, NAD5 Su ETB, JPY, KGS, MVR6 Mo BGN, BND, GBP, GYD, JPY, KRW, MDL, PKR, XCD7 Tu BYR, KZT8 We CZK, ILS, XPF9 Th AMD, AZN, BYR, GEL, ILS, KGS, KZT, MDL, NPR, RUB10 Fr RUB12 Su GEL, KRW14 Tu KHR, MWK, PYG15 We KHR, PYG17 Fr CDF, DKK, NOK18 Sa HTG, NPR, UYU19 Su CVE20 Mo BDT, CAD, KHR, KYD, SGD, THB21 Tu CLP22 We BND, MYR23 Th JMD24 Fr BGN, BMD, ERN, MKD25 Sa GMD, GNF, JOD, LBP, LSL, MRO, NAD, ZMW26 Su GEL27 Mo BZD, GBP, GHS, GYD, USD28 Tu AMD, AZN, ETB29 We NGN

30 ThAWG, BIF, BWP, CHF, DKK, IDR, LSL, MGA, NAD, NOK, SEK, SZL,TTD, VUV, XAF, XOF, XPF

31 Fr BDT, BND, DKK

JUNE

1 Sa CVE, GNF, KES, MDL, MNT, RON, WST2 Su BDT3 Mo COP, IDR, KHR, NZD, SAR, TOP, UGX4 Tu IDR, KWD, SAR

5 We

AED, ALL, AZN, BDT, BHD, BIF, BND, DJF, DKK, DZD, EGP, ERN,ETB, GHS, GMD, GNF, IDR, INR, JOD, KES, KGS, KMF, KWD, LBP,LKR, MAD, MKD, MUR, MVR, MWK, MYR, NGN, NPR, OMR,PHP, PKR, QAR, RWF, SAR, SGD, SLL, SRD, TND, TRY, TTD, TZS,UGX, XAF, XOF

6 ThAED, AZN, BDT, BHD, BND, DJF, DZD, EGP, IDR, JOD, KMF,KRW, KWD, LBP, MAD, MRO, MVR, MYR, NGN, OMR, PKR, QAR,SAR, SEK, TND, TRY, TZS

7 Fr AED, BND, BSD, CNY, HKD, IDR, JOD, KMF, MVR, TRY, TWD8 Sa CNY, SAR9 Su ILS, UGX

10 MoAUD, BBD, BSD, CHF, DKK, HUF, MGA, NOK, PGK, SBD, XAF,XCD, XOF, XPF

12 We PHP, PYG, RUB14 Fr MKD, SBD17 Mo AZN, BMD, KYD, RON, ZAR18 Tu KHR, SCR19 We TTD, UYU20 Th BOB, BRL, DOP, ERN, HRK, HTG, PLN, SCR, TTD21 Fr BOB, SEK24 Mo COP, PHP25 Tu HRK, MZN26 We AZN, FJD, MGA27 Th DJF28 Fr DJF, GTQ29 Sa CLP, SCR, XPF30 Su BND, CDF

NOVEMBER

1 FrBIF, BTN, CLP, CVE, GTQ, HRK, HTG, HUF, MGA, MUR, PEN,PHP, PLN, SCR, XAF, XOF, XPF

2 sa AOA, BOB, BRL, HTG, MUR, MXN, UYU3 Su JPY, MVR4 Mo COP, DOP, JPY, RUB, TOP5 Tu AUD6 We MAD7 Th BYR, KGS

Currency Guide

April 2019 | 16

17 We LSL18 Th UYU19 Fr NIO20 Sa COP, LAK22 Mo GMD, SZL23 Tu EGP, OMR, PGK24 We VUV25 Th CRC, TND26 Fr MVR27 Sa MVR29 Mo PEN, SGD, THB30 Tu MAD, VUV

AUGUST

1 Th BBD, BMD, CDF, CHF, GYD, JMD, NIO, TTD2 Fr BMD, CRC, MKD, RWF5 Mo BBD, BSD, HRK, XCD, ZMW6 Tu BOB, JMD, XCD7 We COP, XOF8 Th TZS9 Fr SRD, ZAR10 Sa AED, DJF, EGP, MVR, NIO, SAR

11 SuAED, ALL, AZN, BDT, BND, DJF, EGP, ERN, ETB, GHS, GMD, GNF,GYD, ILS, JOD, JPY, KGS, KMF, KZT, LBP, LKR, MVR, NGN, NPR,OMR, PKR, RWF, SAR, SLL, SRD, TZS, UGX

12 MoAED, AZN, BDT, BHD, BIF, DJF, DZD ?EGP, IDR, INR, JOD, JPY,KMF, KWD, LBP, MRO, MVR, MYR, NGN, OMR, PHP, PKR, QAR,SAR, SGD, THB, TND, TRY, WST, XOF

13 TuAED, BDT, BHD, JOD, KWD, MVR, OMR, QAR, SAR, TND, TRY,XAF

14 We JOD, KWD, MAD, PKR, QAR, SAR, TRY

15 ThBDT, BIF, CLP, CRC, CVE, GMD, GNF, GTQ, HRK, HTG, INR, KRW,KWD, LBP, MGA, PLN, PYG, RON, RWF, SAR, SCR, VUV, XAF,XOF, XPF

16 Fr DOP17 Sa IDR, SAR19 Mo COP, HUF, INR20 Tu HUF, MAD21 We MAD, PHP25 Su UYU26 Mo GBP, NAD, PGK, PHP27 Tu MDL28 We GEL, MKD30 Fr KZT, PEN, TRY31 Sa KGS, MDL, TTD

17 Tu AOA, TOP18 We CLP19 Th CLP, NPR, XCD20 Fr CLP21 Sa AMD, BZD23 Mo BGN, GHS, JPY, SAR24 Tu DOP, KHR, TTD, ZAR25 We MZN27 Fr ETB28 Sa CZK, ERN29 Su ILS, PYG30 Mo BWP, ILS, STD

OCTOBER

1 Tu BWP, CNY, HKD, ILS, NGN2 We CNY, GNF, HNL, INR3 Th CNY, HNL, KRW4 Fr CNY, HNL, LSL, MZN5 Sa CNY, VUV6 Su EGP7 Mo HKD, INR, LAK8 Tu HRK, ILS, PEN9 We ILS, KRW, UGX10 Th FJD, SRD, TWD11 Fr MKD, TWD12 Sa BRL, CLP, CRC, THB, UYU13 Su NPR

14 MoBIF, BSD, BZD, CAD, COP, GEL, GTQ, ILS, JPY, MDL, SGD, THB,TZS, USD, WST

15 Tu KHR, MWK, TND17 Th HTG18 Fr ZMW21 Mo ALL, BIF, GTQ, ILS, JMD, KES23 We HUF, KHR, MKD, SGD, THB24 Th ZMW28 Mo CZK, NZD29 Tu FJD, GYD, INR, KHR, LKR, MUR, MVR, MYR, SRD, TRY, TTD30 We INR31 Th CLP

9 SaAED, BDT, BHD, BND, BZD, EGP, ERN, ETB, FJD, GMD, GNF,GYD, IDR, INR, JOD, KMF, LBP, LKR, MRO, MYR, NGN, OMR,PKR, TZS

10 Su DJF, MVR, SLL

11 MoAOA, AZN, BMD, BTN, CAD, COP, KHR, KYD, MVR, MZN, PLN,RSD, USD, XPF

12 Tu INR, KMF15 Fr BRL, XOF17 Su CZK18 Mo HTG, MAD, MXN19 Tu BZD22 Fr LBP23 Sa GEL, JPY25 Mo SRD28 Th ALL, MRO, USD29 Fr ALL, MVR, VUV30 Sa AED, BBD

DECEMBER

2 Mo AED, KZT, LAK, TOP5 Th THB6 Fr GHS8 Su CLP, COP, PYG9 Mo ALL, MKD, NIO, SCR, TZS10 Tu KHR, NAD, THB12 Th KES, MXN16 Mo BDT, BHD, KZT, ZAR17 Tu BHD, BTN, KZT18 We QAR21 Sa STD24 Tu BGN, CHF, CZK, DKK, HUF, IDR, NOK, SEK

25 We

ALL, AOA, AUD, AWG, BBD, BDT, BGN, BIF, BMD, BND, BOB,BRL, BSD, BWP, BYR, BZD, CAD, CDF, CHF, CLP, COP, CRC, CVE,CZK, DKK, DOP, ERN, EUR, FJD, GBP, GHS, GMD, GNF, GTQ,GYD, HKD, HNL, HRK, HTG, HUF, IDR, INR, JMD, JOD, KES,KRW, KYD, LBP, LKR, LSL, MDL, MGA, MRO, MUR, MWK, MXN,MYR, MZN, NAD, NGN, NIO, NOK, NZD, PEN, PGK, PHP, PKR,PLN, PYG, RON, RWF, SBD, SCR, SEK, SGD, SLL, SRD, STD, SZL,TOP, TTD, TZS, UGX, USD, UYU, VUV, WST, XAF, XCD, XOF,XPF, ZAR, ZMW

26 Th

AUD, AWG, BBD, BGN, BMD, BSD, BWP, BZD, CAD, CHF, CZK,DKK, EUR, FJD, GBP, GHS, GMD, GYD, HKD, HRK, HUF, JMD,KES, KYD, LSL, MWK, NAD, NGN, NOK, NZD, PGK, PLN, RON,RWF, SBD, SEK, SLL, SRD, SZL, TOP, TTD, TZS, UGX, VUV, WST,XCD, ZAR

27 Fr HUF29 Su MNT30 Mo LAK, NPR, PHP

31 TuAMD, AZN, BDT, BND, BRL, CHF, CLP, COP, CRC, DKK, JPY, KRW,LAK, LBP, MVR, PHP, PYG, THB

Currency Guide

April 2019 | 17

AED

Closed on FrJanuary 1April 2June 5,6,7August 10,11,12,13September 1November 9,30December 2

ALL

Closed on Sa-SuJanuary 1,2March 14,22April 22,29May 1June 5August 11October 21November 28,29December 9,25

AMD

Closed on Sa-SuJanuary 1,2,3,4,5,6,7,28March 8April 24May 1,9,28July 5September 21December 31

AOA

Closed on Sa-SuJanuary 1February 4March 5,8April 4,19May 1September 17November 2,11December 25

AUD

Closed on Sa-SuJanuary 1,28March 11April 19,22,25June 10November 5December 25,26

AZN

Closed on Sa-SuJanuary 1,2,21March 8,20,21,22,23,24May 9,28June 5,6,17,26August 11,12November 11December 31

AWG

Closed on Sa-SuJanuary 1,2,25March 4,18April 19,22,27May 1,30December 25,26

BAM

Closed on Sa-SuJanuary 1,2May 1,2

BGN

Closed on Sa-SuJanuary 1March 4April 26,29May 1,6,24September 6,23December 24,25,26

BHD

Closed on FrJanuary 1May 1June 5,6August 12,13September 10,11November 9December 16,17

BIF

Closed on Sa-SuJanuary 1February 5April 6May 1,30June 5July 1August 12,15October 14,21November 1December 25

BMD

Closed on Sa-SuJanuary 1April 19May 24June 17August 1,2September 2November 11December 25,26

BND

Closed on Sa-SuJanuary 1February 5,23April 3May 6,22,31June 5,6,7,30July 15August 11September 1November 9December 25,31

BOB

Closed on Sa-SuJanuary 1,22March 4,5April 19May 1June 20,21July 16August 6November 2December 25

BWP

Closed on Sa-SuJanuary 1,2April 19,20,22May 1,30July 1,15,16September 30October 1December 25,26

BYR

Closed on Sa-SuJanuary 1,7March 8April 1,7,9July 3November 7December 25

BZD

Closed on Sa-SuJanuary 1March 11April 19,20,22May 1,27September 10,21October 14November 19December 25,26

CAD

Closed on Sa-SuJanuary 1April 19May 20July 1September 2October 14November 11December 25,26

CDF

Closed on Sa-SuJanuary 1,4,16,17May 1,17June 30August 1December 25

CHF

Closed on Sa-SuJanuary 1,2April 19,22May 1,30June 10August 1December 24,25,26,31

CLP

Closed on Sa-SuJanuary 1April 19,20May 1,21June 29July 16August 15September 18,19,20October 12,31November 1December 8,25,31

CNY

Closed on SuJanuary 1

CRC

Closed on Sa-SuJanuary 1April 11,18,19May 1July 25August 2,15September 15October 12December 25,31

CVE

Closed on Sa-SuJanuary 1,13,20March 6April 19May 1,19June 1July 5August 15November 1December 25

CZK

Closed on Sa-SuJanuary 1April 19,22May 1,8July 5September 28October 28November 17December 24,25,26

DJF

Closed on Fr-SaJanuary 1April 2May 1June 5,6,27,28August 10,11,12September 1November 10

DKK

Closed on Sa-SuJanuary 1April 18,19,22May 17,30,31June 5,10December 24,25,26,31

DOP

Closed on Sa-SuJanuary 1,6,21,26February 27April 19,29June 20August 16September 24November 4December 25

DZD

Closed on Fr-SaJanuary 1

EUR

Closed on Sa-SuJanuary 1April 19,22May 1December 25,26

FJD

Closed on Sa-SuJanuary 1April 19,20June 26September 7October 10,29November 9December 25,26

GBP

Closed on Sa-SuJanuary 1April 19,22May 6,27August 26December 25,26

GEL

Closed on Sa-SuJanuary 1,2,7,19March 3,8April 9,26,27,29May 9,12,26August 28October 14November 23

GHS

Closed on Sa-SuJanuary 1March 6April 19,22May 1,27June 5July 1August 11September 23December 6,25,26

GMD

Closed on Sa-SuJanuary 1February 18April 19,22May 1,25June 5July 22August 11,15September 10November 9December 25,26

GNF

Closed on Sa-SuJanuary 1April 22May 1,25

HNL

Closed on SuJanuary 1April 14,18,19May 1September 16October 2,3,4December 25

HRK

Closed on Sa-SuJanuary 1April 22May 1June 20,25August 5,15October 8November 1December 25,26

HTG

Closed on Sa-SuJanuary 1,2March 5,6April 19May 1,18June 20August 15October 17November 1,2,18December 25

HUF

Closed on Sa-SuJanuary 1March 15April 19,22May 1June 10August 19,20October 23November 1December 24,25,26,27

IDR

Closed on SuJanuary 1February 5March 7April 3,17,19May 1,30June 3,4,5,6,7August 12,17November 9December 24,25

ILS

Closed on SaMarch 21April 26May 8,9June 9August 11September 29,30October 1,8,9,14,21

INR

Closed on Sa-SuJanuary 26February 19March 21April 6,17,19May 1June 5August 12,15,19

JOD

Closed on Fr-SaJanuary 1May 2,25June 5,6,7August 11,12,13,14September 1November 9December 25

JPY

Closed on Sa-SuJanuary 1,2,3,14February 11March 21April 29May 3,4,5,6July 15August 11,12September 16,23October 14November 3,4,23December 31

KES

Closed on Sa-SuJanuary 1April 19,222May 1June 1,5October 21December 12,25,26

KGS

Closed on Sa-SuJanuary 1,7February 23March 8,21April 8May 1,5,9June 5August 11,31November 7

KHR

Closed on Sa-SuJanuary 1,7February 19March 8April 15,16,17May 1,13,14,15,20June 3,18September 24October 15,23,29November 11December 10

KMF

Closed on Sa-SuJanuary 1May 1June 5,6,7July 6,7August 11,12September 1November 9,12

Currency Guide

April 2019 | 18

BBD

Closed on Sa-SuJanuary 1,21April 19,22,29May 1June 10August 1,5November 30December 25,26

BDT

Closed on Fr-SaFebruary 21March 17,26April 14May 1,20,31June 2,5,6July 1August 11,12,13,15September 10November 9December 16,25,31

KZT

Closed on Sa-SuJanuary 1,2,7March 8,21,22,25May 1,7,9July 8August 11,30December 2,16,17

LAK

Closed on Sa-SuJanuary 1March 8April 15,16,17May 1July 20October 7December 2,30,31

LBP

Closed on Sa January 1,6February 9,14March 25April 19,22,26,29May 1,25June 5,6August 11,12,15September 1,10November 9,22December 25,31

LKR

Closed on Sa-SuJanuary 15February 4April 13,14,19May 1June 5August 11October 29November 9December 25

BRL

Closed on Sa-SuJanuary 1March 4,5April 19,21May 1June 20September 7October 12November 2,15December 25,31

BSD

Closed on Sa-SuJanuary 1,10April 19,22June 7,10July 10August 5October 14December 25,26

BTN

Closed on Sa-SuJanuary 2February 5,6,21,22,23May 2November 1,11December 17

MNT

Closed on SuJanuary 1February 5,6,7March 8June 1July 11,12,13,14,15December 29

MRO

Closed on Sa-SuJanuary 1May 1,25June 6August 12September 1November 9,28December 25

MUR

Closed on SuJanuary 1,2,21February 1,5March 4,12April 6May 1June 5September 2October 29November 1,2December 25

MVR

Closed on FrJanuary 1May 1,5June 5,6,7July 26,27August 10,11,12,13September 1October 29November 3,10,11,29December 31

CNY

February 4,5,6,7,8,9April 5,6May 1June 7,8September 13,14October 1,2,3,4,5

COP

Closed on Sa-SuJanuary 1,7March 25April 18,19May 1June 3,24July 1,20August 7,19October 14November 4,11December 8,25,31

NGN

Closed on Sa-SuJanuary 1April 19,22May 1,29June 5,6August 11,12October 1November 9December 25,26

NIO

Closed on SuJanuary 1April 18,19May 1July 19August 1,10September 14,16December 9,25

NOK

Closed on Sa-SuJanuary 1April 18,19,22May 1,17,30June 10December 24,25,26

NPR

Closed on Sa January 15,30February 19March 8April 14May 1,9,18June 5August 11September 19October 13December 30

NZD

Closed on Sa-SuJanuary 1,2February 6April 19,22,25

DZD

May 1June 5,6August 12September 10

EGP

Closed on Fr -SaJanuary 7,25April 25,28,29May 1June 5,6July 1,23August 10,11,12September 1October 6November 9

ERN

Closed on Sa-SuJanuary 1,7,19March 8April 26,28May 1,24June 5,20August 11September 1,12,28November 9December 25

ETB

Closed on SuJanuary 7,19March 2April 26May 1,5,28June 5August 11September 11,27November 9

PKR

Closed on Fr-SaJanuary 1February 5March 23May 1,6June 5,6July 1August 11,12,14September 10,11November 9December 25

PLN

Closed on Sa-SuJanuary 1,6April 22May 1,3June 20August 15November 1,11December 25,26

PYG

Closed on Sa-SuJanuary 1

GNF

June 1,5August 11,15October 2November 9December 25

GTQ

Closed on Sa-SuJanuary 1April 18,19,20May 1June 28July 1August 15September 16October 14,21November 1December 25

GYD

Closed on Sa-SuJanuary 1February 23March 21April 19,22May 1,6,27July 1August 1,11October 29November 9December 25,26

HKD

Closed on Sa-SuJanuary 1February 5,6April 5,19,20,22May 1,13June 7July 1October 1,7December 25,26

SCR

Closed on FrJanuary 1,2April 19,20,22May 1June 18,20,29August 15November 1December 9,25

SEK

Closed on Sa-SuJanuary 1April 18,19,22,30May 1,30June 6,21December 24,25,26

SGD

Closed on Sa-SuJanuary 1February 19April 8,15,16May 1,20June 5July 1,15,29August 12

INR

September 2,10October 2,7,29,30November 9,12December 25

ISK

Closed on Sa-SuJanuary 1April 18,19,22,25May 1,30December 24,25,26

JMD

Closed on Sa-SuJanuary 1March 6April 19,22May 23August 1,6October 21December 25,26

TOP

Closed on Sa-SuJanuary 1April 19,22,25June 3July 4September 17November 4December 2,25,26

TRY

Closedon

Sa-Su

January 1April 23May 1June 5,6,7July 15August 12,13,14,30October 29

TTD

Closed on Sa-SuJanuary 1March 4,5,30April 19,22May 30June 5,19,20August 1,31September 24October 29December 25,26

TWD

Closed on Sa-SuJanuary 1February 4,5,6,7,28March 1April 4,5May 1June 7September 13October 10,11

KRW

Closed on Sa-SuJanuary 1February 4,5,6March 1May 1,6,12June 6August 15September 12,13,14October 3,9December 25,31

KWD

Closedon

Fr -Sa

January 1February 25,26April 4June 4,5,6August 12,13,14,15

KYD

Closed on Sa-SuJanuary 1,28March 6April 19,22May 20June 17July 1November 11December 25,26

VUV

Closed on Sa-SuJanuary 1February 21March 5April 19,22May 1,30July 24,30August 15October 5November 29December 25,26

WST

Closed on Sa-SuJanuary 1,2April 19,20,22May 13June 1August 12October 14December 25,26

XAF

Closed on Sa-SuJanuary 1March 29April 22May 1,30June 5,10August 13,15November 1December 25

Currency Guide

April 2019 | 19

LSL

Closed on Sa-SuJanuary 1March 11April 19,22May 1,25,30July 17October 4December 25,26

MAD

Closed on Sa-SuJanuary 1,11May 1June 5,6July 30August 14,20,21September 1November 6,18

MDL

Closed on Sa-SuJanuary 1,7,8March 8April 29May 1,6,9June 1August 27,31October 14December 25

MGA

Closed on Sa-SuJanuary 1March 29April 22May 1,30June 10,26August 15November 1December 25

MKD

Closed on Sa-SuJanuary 1,6,7,19April 26,29May 1,24June 5,14August 2,28September 9October 11,23December 9

MWK

Closed on Sa-SuJanuary 1,15March 4April 19,22May 1,14June 5July 8October 15December 25,26

MXN

Closed on Sa-SuJanuary 1February 4March 18April 18,19,20May 1September 16November 2,18December 12,25

MYR

Closed on SuJanuary 1,21February 1,5,6March 4,23April 3,15,19,26May 1,22June 5,6August 12September 9,16October 29November 9December 25

MZN

Closed on Sa-SuJanuary 1February 4April 8May 1June 25September 7,25October 4November 11December 25

NZD

June 3October 28December 25,26

OMR

Closed on Fr-SaApril 2June 5,6July 23August 11,12,13September 1November 9

PEN

Closed on Sa-SuJanuary 1April 18,19May 1July 29August 30October 8November 1December 25

PGK

Closed on Sa-SuJanuary 1April 19,20,22June 10July 23August 26September 16December 25,26

PHP

Closed on Sa-SuJanuary 1April 9,18,19May 1June 5,12,24August 12,21,26November 1December 25,30,31

PYG

March 1April 18,19May 1,14,15June 12August 15September 29December 8,25,31

QAR

Closed on Fr-SaJanuary 1February 12June 5,6August 12,13,14December 18

RON

Closed on Sa-SuJanuary 1,2,24April 26,29May 1June 1,17August 15December 25,26

RSD

Closed on Sa-SuJanuary 1,2,7February 15April 26,29May 1,2November 11

RUB

Closed on Sa-SuJanuary 1,2,3,4,7,8March 8May 1,2,3,9,10June 12November 4

RWF

Closed on Sa-SuJanuary 1,2February 1April 7,19,22May 1June 5July 1,4August 2,11,15December 25,26

SAR

Closed on FrJune 3,4,5,6,8August 10,11,12,13,14,15,17September 23

SBD

Closed on Sa-SuJanuary 1April 19,20,22June 10,14July 8December 25,26

SGD

October 14,23December 25

SLL

Closed on Sa-SuJanuary 1February 18March 8April 19,22,29May 1June 5August 11November 10December 25,26

SRD

Closed on Sa-SuJanuary 1February 5,25March 21April 19,22May 1June 5July 1August 9,11October 10,29November 25December 25,26

STD

Closed on Sa-SuJanuary 1,4February 3May 1July 12September 6,30December 21,25

SZL

Closed on SuJanuary 1April 19,22,25May 1,30July 22September 2,6December 25,26

THB

Closed on Sa-SuJanuary 1February 19April 8,13,15,16May 1,20July 1,15,29 August 12October 12,14,23December 5,10,31

TZS

Closed on Sa-SuJanuary 1,12April 7,19,22,26May 1June 5,6July 7August 8,11October 14November 9December 9,25,26

UGX

Closed on Sa-SuJanuary 1,26February 16March 8April 19,22May 1June 3,5,9August 11October 9December 25,26

USD

Closed on Sa-SuJanuary 1,21February 18May 27July 4September 2October 14November 11,28December 25

UYU

Closed on Sa-SuJanuary 1,6March 4,5April 18,19,22May 1,18June 19July 18August 25October 12November 2December 25

VND

Closed on Sa-SuJanuary 1February 4,5,6,7,8April 30May 1September 2

XCD

Closed on Sa-SuJanuary 1,2April 19,22May 6June 10August 5,6September 16,19December 25,26

XOF

Closed on Sa-SuJanuary 1April 22May 1,30June 5,10August 7,12,15November 1,15December 25

XPF

Closed on Sa-SuJanuary 1March 5April 19,22May 1,8,30June 10,29July 14August 15November 1,11December 25

ZAR

Closed on Sa-SuJanuary 1March 21April 19,22May 1June 17August 9September 24December 16,25,26

ZMW

Closed on SuJanuary 1March 8,12April 19,20,22May 1,25July 1,2August 5October 18,24December 25

TND

Closed on Sa-SuJanuary 1,14March 20April 9May 1June 5,6July 25August 12,13October 15

Currency Guide

April 2019 | 20

Currency Guide

April 2019 | 21

Currency Guide

April 2019 | 22

A

Currency Guide

April 2019 | 23

AED - United Arab Emirates Dirham

Overview

The payment processing of this currency is considered to be relatively standardised.

It is required for all inbound international payments in any currency where the ultimatebeneficiary is located in the UAE to include the payment purpose codes.

- This code needs to be populated on line 1 of the regulatory reporting field (field 77B) of thepayment instruction.

Examples:

For cross-border transactions outbound from UAE: /ORDERRES/AE/purpose code

For cross-border transactions inbound to UAE: /BENEFRES/AE/purpose code

- For payments made from accounts held within BNPP France, or in case the purpose codecannot be specified in field 77B, the code needs to be indicated on line 1 of the remittanceinformation field (field 70) of the payment instruction with /REF/ pre-coded before the 3character purpose code as follows:

Example: F70 line 1: /REF/XXX, where XXX is a valid purpose code.

Currency Guidelines

A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example,providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.

Example: Payment of travel expenses – invoice n° 123456789.

The purpose of payment code (see Appendix XI) is mandatory and has to be added to the reasonof payment. The purpose of payment code consists of a 3 character code that must be specifiedin Field 77B.

Examples:

For cross-border transactions outbound from UAE: /ORDERRES/AE/purpose code

For cross-border transactions inbound to UAE: /BENEFRES/AE/purpose code

https://cashmanagement.bnpparibas.com/node/3401/specialpdf/appendix/3774

Currency Guide

April 2019 | 24

Remark: for payments made from accounts held within BNPP France, or in case the purposecode cannot be specified in field 77B, the code needs to be indicated on line 1 of the remittanceinformation field (field 70) of the payment instruction with /REF/ pre-coded before the 3character purpose code.

Example: code “COM” must be included in F70 line 1 as: /REF/COM

Payments in AED toward the UAE

Besides the standard information, the IBAN format is mandatory (see Appendix VI).

The beneficiary’s physical full address is recommended.

Payments in AED outside the UAE

Standard information

The IBAN format is mandatory (see Appendix VI).

Payment Formatting

Information of the beneficiary

DATA NAME PRESENCE MT101 TAG XML V3 TAG

IBAN FORMATMANDATORY

(PAYMENTS TOWARD THE UAE)59

<CdtrAcct> <Id> <IBAN>XXXX

FULL ADDRESSRECOMMENDED

(PAYMENTS TOWARD THE UAE)<Cdtr><PstlAdr><AdrLine>

XXX

Remittance information


OPTION 1

PURPOSE OF PAYMENT CODE MANDATORY 77B<PmtInf> <CdtTrfTxInf> <RgltryRptg> <Dtls>

XXX

REASON OF PAYMENT RECOMMENDED 70 <RmtInf> <Ustrd>

OPTION 2

PURPOSE OF PAYMENT CODE MANDATORY 70 <RmtInf> <Ustrd>/REF/XXX

REASON OFPAYMENT

RECOMMENDED 70 <RmtInf> <Ustrd>

Additional Information

• Available charge options: OUR/SHA/BEN

• Central bank of the United Arab Emirates: http://www.centralbank.ae/en/index.php



http://www.centralbank.ae/en/index.php

Currency Guide

April 2019 | 25

Technical Guidelines

FIELD INFORMATIONPRESENCE

DESCRIPTION REQUIREMENTSWIFT

REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3

LIMITATIONSMANDATORY RECOMMENDED

INFORMATION OF THE BENEFICIARY

ACCOUNTNUMBER

PAYMENTSTOWARD THE

UAE IBANFORMAT

MANDATORY

X

/34X

<CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>

LINE1 : /34XPAYMENTS

OUTSIDE THEUAE IBAN

FORMAT (IFAPPLICABLE)

<CDTRACCT><ID><OTHR><ID>XXX</ID></OTHR></ID></CDTRACCT>


FULLNAME X 1*35XNAME<CDTR><NM>XXX</NM>

LINE 2:LIMITED TO

35CHARACTERS

FULLADDRESS

X 3*35

<CDTR><PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE></PSTLADR></CDTR>

LINE 3:POSITION 1TO 35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESSLINE TAGSLINE 5:POSITION 1TO 35 OF THESECONDOCCURRENCEOF THE XMLADDRESSLINE TAGS

INFORMATION OF THE BENEFICIARY BANK

BIC CODE(BRANCHIDENTIFIERINCLUDED, IFPROVIDED)

X

BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)

57A 8 OR 11

<CDTRAGT><FININSTNID><BIC>XXXXXXXX</BIC></FININSTNID></CDTRAGT>

LIMITED TO11CHARACTERS

REMITTANCE INFORMATION

Currency Guide

April 2019 | 26



REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3


PAYMENTMESSAGE

OPTION 1PURPOSE OFPAYMENTCODE INFIELD 77B(OPTION NOTAPPLICABLE- FOR AEDPAYMENTSMADE FROMFRANCE; OR- IF NOTPOSSIBLE TOENTERINFORMATIONIN FIELD 77B)

X 3 DIGITS

77B 3*35X

<PMTINF><CDTTRFTXINF><RGLTRYRPTG>

<DTLS><CD>XXX</CD>

</DTLS></RGLTRYRPTG>

MAXIMUMLENGTH IS

105CHARACTERS

OPTION 2PURPOSE OFPAYMENTCODE INFIELD 70(OPTIONONLYAPPLICABLE - FOR AEDPAYMENTSMADE FROMFRANCE; OR- IF NOTPOSSIBLE TOENTERINFORMATIONIN FIELD 77B)

X /REF/ + 3

DIGITS

70 4*35X

<RMTINF><USTRD>/REF/XXX MAXIMUMLENGTH IS

140CHARACTERS

DETAILEDREASON OFPAYMENT

XFREE

MESSAGEENGLISH <RMTINF><USTRD>

Currency Guide

April 2019 | 27

ALL – Albanian Lek

Overview

ALL is considered to be restricted, which implies an inherent limitation to the tradability of thiscurrency.Fund transfers in this currency are not allowed outside of Albania.

Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing).

Currency Guidelines


The full name (written out in full, without initials, abbreviations or acronyms) and physical fulladdress of the beneficiary are mandatory.

A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.

Example: Payment of travel expenses – invoice n° 123456789

Payment Formatting



IBAN FORMAT

MANDATORY 59


FULL NAMEName <Cdtr> <Nm>

XXXX

FULL ADRESS<Cdtr> <PstlAdr> <AdrLine>

XXXX



REASON / PURPOSE OFPAYMENT

MANDATORY 70 <Rmtlnf><Ustrd>


Currency Guide

April 2019 | 28



• Central bank of Albania: http://www.bankofalbania.org/

http://www.bankofalbania.org/

Currency Guide

April 2019 | 29




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X


LINE1 : /34X

FULLNAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>

LINE 2:LIMITED TO

35CHARACTERS

FULLADDRESS

X 3*35X




BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)

X

CC CODE: 9DIGITS BIC

CODE: 8DIGITS

(BRANCHIDENTIFIER:

3 DIGITS)

57A 8 OR 11




PAYMENTMESSAGE

DETAILED REASONOF PAYMENT

(REASON/PURPOSEOF PAYMENT)

X FREE

MESSAGEENGLISH 70 4*35X <RMTINF><USTRD>

MAXIMUMLENGTH IS

140CHARACTERS

Currency Guide

April 2019 | 30

AMD - Armenian Dram

Overview

AMD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Armenia.


Currency Guidelines

Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.



Additionally, it is mandatory to provide in the remittance information:

• The beneficiary’s bank full name

• The beneficiary’s bank full address (exact branch location)

Payment Formatting



FULL NAME

MANDATORY 59

Name <Cdtr> <Nm>XXXX


XXXX


Currency Guide

April 2019 | 31



MANDATORY 70 <Rmtlnf><Ustrd>FULL NAME & FULL ADDRESS(EXACT BRANCH LOCATION)OF THE BENEFICIARY BANK



• Additional information:

Relevant to funds receipt in Armenia:

According to the law on combating money laundering and terrorism financing of Armenia“Reporting entities should identify their customers and verify their identity, based on reliabledocuments or other information received from competent sources, when:

I. Business relationships are being established;

II. Occasional transaction is being carried out, including a domestic or cross-border wiretransfer at a value above 400-fold of the minimal salary in drams or in foreign currency,unless stricter provisions are stipulated by other legal acts;

III. Suspicions arise with regard to the veracity or adequacy of previously obtained customer”

• For more information on law on combating money laundering and terrorism financing:https://www.cba.am/Storage/EN/FDK/Regulation_old/law_on_combating_money_laundering_and_terrorism_financing_eng.pdf

• Central bank of Armenia: https://www.cba.am/en/sitepages/default.aspx

https://www.cba.am/Storage/EN/FDK/Regulation_old/law_on_combating_money_laundering_and_terrorism_financing_eng.pdf

https://www.cba.am/Storage/EN/FDK/Regulation_old/law_on_combating_money_laundering_and_terrorism_financing_eng.pdf

https://www.cba.am/en/sitepages/default.aspx

Currency Guide

April 2019 | 32




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X


LINE 2:LIMITED TO35CHARACTERS

FULLADDRESS

X 3*35

<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE> <ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>




X

BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)

57A 8 OR 11




PAYMENTMESSAGE

DETAILED REASONOF PAYMENT (REASON/PURPOSEOF PAYMENT)

X

FREEMESSAGE

ENGLISH 70 4*35X <RMTINF><USTRD>

MAXIMUMLENGTH IS140CHARACTERS

THE FULL NAMEAND FULLADDRESS OF THEBENEFICIARYBANK (EXACTBRANCHLOCATION )

X

Currency Guide

April 2019 | 33

ANG – Netherlands Antillean Guilder

Overview


Currency Guidelines

Besides the standard information, the beneficiary’s physical full name and address aremandatory.



Moreover, it is recommended as well to provide the beneficiary’s telephone number in theremittance information.

Payment Formatting



FULL NAME

MANDATORY 59



XXXX




MANDATORY

70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF

THE BENEFICIARYRECOMMENDED


Currency Guide

April 2019 | 34

• Available charge option: OUR/SHA/BEN

• Central bank of Netherlands Antilles: http://www.centralbank.cw

http://www.centralbank.cw

Currency Guide

April 2019 | 35




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X

1*35X

NAME<CDTR><NM>XXX</NM>

FULLNAME X


FULLADDRESS

X 3*35





X


57A 8 OR 11


<BIC>LIMITED TO11CHARACTERS<MMBLD>LIMITED TO24CHARACTERS


PAYMENTMESSAGE

DETAILED REASONOF PAYMENT(REASON/PURPOSEOF PAYMENT)

X FREEMESSAGE


MAXIMUMLENGTH IS140CHARACTERSTELEPHONE

NUMBER OF THEBENEFICIARY X

Currency Guide

April 2019 | 36

AOA – Angolan Kwanza

Overview

AOA is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Angola.


Currency Guidelines


The full name (written out in full, without initials, abbreviations or acronyms) and the physicalfull address of the beneficiary are mandatory.



Payment Formatting



IBAN FORMAT

MANDATORY 59



XXXX


XXXX


DATA NAME PRESENCE MT101 XML V3 TAG




Currency Guide

April 2019 | 37



• Central bank of Angola: http://www.bna.ao/

http://www.bna.ao/

Currency Guide

April 2019 | 38




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X


LINE1 : /34X


FULLNAME FULL LEGAL NAME X 1*35X

LINE 2:LIMITED TO

35CHARACTERS

FULLADDRESS

X 3*35X





X


57A 8 OR 11

<CDTRAGT><FININSTNID><BIC>XXXXXXX</BIC><CLRSYSMMBID><MMBID>XXXXX</MMBID></CLRSYSMMBID></FININSTNID></CDTRAGT>



PAYMENTMESSAGE


X FREE


MAXIMUMLENGTH IS

140CHARACTERS

Currency Guide

April 2019 | 39

AUD – Australian Dollar

Overview

The payment processing of this currency is considered to be highly standardised.

Currency Guidelines

A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered insufficient and can result inerrors or delays.


Payments in AUD toward Australia

Besides the standard information, it is important to note that the IBAN format is not in use inAustralia and the domestic account number must be no longer than nine digits.

The BSB code is mandatory in order to enable the correct routing of the payment in thedomestic clearing.A BSB code (Bank State Branch) identifies an Australian bank. It is a six digit code whichidentifies the financial institution (first two digits), the state (third digit) and the branch code(last three digits).

Example of BSB code: 032929

In certain cases, the BSB code could be included within the domestic account number. Pleaseask your beneficiary to indicate separately the BSB code and the domestic account number.

Payments in AUD outside Australia


Payment Formatting

Currency Guide

April 2019 | 40

Information of the beneficiary bank


CC CODE&

BIC CODE

MANDATORY(PAYMENTS TOWARD AUSTRALIA)

57A

<CdtrAgt> <FinInstnId><BIC> XXXXX

<ClrSysMmbId> <MmbId>XXXXXXXX




RECOMMENDED 70 <Rmtlnf><Ustrd>



• Australian Payments Clearing Association: http://apca.com.au

• Central bank of Australia: http://www.rba.gov.au

http://apca.com.au

http://www.rba.gov.au

Currency Guide

April 2019 | 41

Technical Guidlines



REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARDAUSTRALIA:DOMESTICACCOUNT NUMBER

X

59

/34X


LINE1 : /34X

PAYMENTSOUTSIDEAUSTRALIA:IBAN FORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35X




CLEARINGCODE(COUNTRYCODE)

PAYMENTSTOWARDAUSTRALIA:BSB CODE&BIC CODE (BRANCHIDENTIFIERINCLUDED, IFPROVIDED)

X

BSB CODE:6 DIGITSBIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS)

//AU + 6DIGITSBIC CODE: 8OR11 DIGITS

57A 1*33X 8 OR 11


<BIC>LIMITED TO11CHARACTERS<MMBID>LIMITED TO24CHARACTERS


PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 42

AWG – Aruban Florin

Overview

AWG is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency: fund transfers in this currency are not allowed outside of Aruba.


Currency Guidelines





• The beneficiary’s bank full name


Payment Formatting



FULL NAME

MANDATORY) 59



XXXX


Currency Guide

April 2019 | 43



MANDATORY 70 <Rmtlnf><Ustrd>FULL NAME & FULL ADDRESS(EXACT BRANCH LOCATION)OF THE BENEFICIARY BANK



• Central bank of Aruba: http://www.cbaruba.org/cba/home.do

http://www.cbaruba.org/cba/home.do

Currency Guide

April 2019 | 44




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE



THE FULL NAMEAND FULLADDRESS OF THEBENEFICIARYBANK (EXACTBRANCHLOCATION )

X

Currency Guide

April 2019 | 45

AZN – Azerbaijani Manat

Overview


Currency Guidelines

Besides the standard information, it is important to note that the IBAN format is alwaysrecommended (see Appendix VI).

The full name (written out in full, without initials, abbreviations or acronyms) and physical fulladdress of the beneficiary are mandatory.



The beneficiary’s tax ID is required and should be mentioned in the remittance information.

Payment Formatting



IBAN FORMAT RECOMMENDED

59


FULL NAME

MANDATORY



XXXX



REASON / PURPOSE OFPAYMENT MANDATORY 70 <Rmtlnf><Ustrd>

BENEFICIARY TAX ID


Currency Guide

April 2019 | 46



• Central bank of Azerbaijan: http://en.cbar.az/

http://en.cbar.az/

Currency Guide

April 2019 | 47




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

IBAN FORMAT ISALWAYSRECOMMENDED

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE


MAXIMUMLENGTH IS140CHARACTERSBENEFICIARY TAX

IDX

Currency Guide

April 2019 | 48

B

Currency Guide

April 2019 | 49

BAM – Bosnia-Herzegovina ConvertibleMark

Overview

This currency is considered to be relatively standardised.

Currency Guidelines

Besides the standard information, the IBAN format is mandatory (see Appendix VI). The fullname (written out in full, without initials, abbreviations or acronyms) and physical full addressof the beneficiary are mandatory.



Payment Formatting



IBAN FORMAT MANDATORY

59


FULL NAME

MANDATORY



XXXX








Currency Guide

April 2019 | 50

• Central bank of Bosnia-Herzegovina: http://www.cbbh.ba/?lang=en

http://www.cbbh.ba/?lang=en

Currency Guide

April 2019 | 51




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 52

BBD – Barbadian Dollar

Overview


Currency Guidelines

Beside the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information.

For example: providing an invoice number without guiding text is considered as insufficient andcan result in errors or delays.


Payment Formatting

Payment information



RECOMMENDED 70 <RmtInf> <Ustrd>



• Central bank of Barbados: http://www.centralbank.org.bb/

http://www.centralbank.org.bb/

Currency Guide

April 2019 | 53




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X


FULLNAME X 1*35X


FULLADDRESS

X 3*35X





X


57A 8 OR 11


IMITED TO 11CHARACTERS


PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 54

BDT – Bangladeshi Taka

Overview

The payment processing of this currency is considered to be complex, as the beneficiary mightbe required to complete local documents to release the funds (“Form C”).

Currency Guidelines

Besides the standard information, a clear reason / purpose of payment is mandatory andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.


Moreover the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.

The nationality of the beneficiary is mandatory for all payments made to any individuals inBangladesh. If the beneficiary is an institution (and not an individual), then it is not required tospecify the nationality.

Payment Formatting





FULL ADDRESS (EXACTBRANCH LOCATION) OF THE

BENEFICIARY BANK

NATIONALITY OF THEBENEFICIARY (IF NOT AN

INSTITUTION).


Currency Guide

April 2019 | 55


• Central bank of Bangladesh: http://www.bangladesh-bank.org/

http://www.bangladesh-bank.org/

Currency Guide

April 2019 | 56




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 1*33X 8 OR 11

<CDTRAGT> <FININSTNID> <BIC>XXXXXXX</BIC> <CLRSYSMMBID> <MMBID>XXXXX</MMBID> </CLRSYSMMBID> </FININSTNID></CDTRAGT>



PAYMENTMESSAGE


X

FREEMESSAGE



THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACTBRANCH LOCATION)

X

NATIONALITY OFTHEBENEFICIARY (IFNOT ANINSTITUTION)

X

Currency Guide

April 2019 | 57

BGN - Bulgarian Lev

Overview


Currency Guidelines

Payments in BGN toward Bulgaria




For tax payments, it is necessary to add the BULSTAT and payment type code.The BULSTAT code is the tax identification number (nine digit code) for Bulgarian legal entities.The payment type code is a six digit code defined by the Ministry of Finance and localregulation.

Example of the BULSTAT and Payment type codes: BULSTAT 175296952 - PAYMENT CODE110000.

Additional information might be required, please contact your Account Manager for moreinformation.

Payments in BGN outside Bulgaria

Beside standard information, a clear reason / purpose of payment is recommended and consistsof a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.





Currency Guide

April 2019 | 58

Payment Formatting




(PAYMENTS TOWARDBULGARIA)

59<CdtrAcct> <Id> <IBAN>

XXXX




MANDATORY (PAYMENTS TOWARD BULGARIA)

70 <Rmtlnf><Ustrd>BULSTAT CODE

MANDATORY (TAX PAYMENTS TOWARD BULGARIA)PAYMENT TYPE CODE


• Available charge options: OUR/SHA/BEN In principle, for payments subject to the Payment Services Directive (PSD) and withoutcurrency conversion, only shared charges are allowed.

• For more information concerning tax payments and the payment type codes: National Revenue Agency: http://portal.nap.bg/en/page?id=1

• Central bank of Bulgaria: http://www.bnb.bg/?toLang=_EN&toLang=_EN

http://portal.nap.bg/en/page?id=1

http://www.bnb.bg/?toLang=_EN&toLang=_EN

Currency Guide

April 2019 | 59




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARDBULGARIA: IBANFORMATMANDATORY

X

59

/34X


LINE1 : /34XPAYMENTSOUTSIDEBULGARIA: IBANFORMAT (IFAPPLICABLE)



FULLNAME

X 1*35XNAME<CDTR><NM>XXX</NM>


FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE

PAYMENTSTOWARDBULGARIA:DETAILED REASONOFPAYMENT(REASON/PURPOSEOFPAYMENT):MANDATORYPAYMENTSOUTSIDEBULGARIA:RECOMMENDED

X FREEMESSAGE

ENGLISH

70 4*35X <RMTINF><USTRD>


IN CASE OF TAXPAYMENTSTOWARDBULGARIA

X

BULSTATCODE&PAYMENTTYPECODE

BULSTAT + 9DIGITS6 DIGITS

Currency Guide

April 2019 | 60

BHD – Bahraini Dinar

Overview


Currency Guidelines

Besides the standard information, the IBAN format is mandatory (see Appendix VI). Thebeneficiary’s physical full address is recommended.

A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.



This currency accepts three decimal places.

Payment Formatting




59


FULL ADRESS RECOMMENDED<Cdtr><PstlAdr><AdrLine>

XXX




RECOMMENDED 70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF

THE BENEFICIARY


Currency Guide

April 2019 | 61



• Central Bank of Bahrain: http://www.cbb.gov.bh/

http://www.cbb.gov.bh/

Currency Guide

April 2019 | 62




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35X

<CDTR> <PSTLADR><ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>




X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE



NUMBER OF THEBENEFICIARY

X

Currency Guide

April 2019 | 63

BIF – Burundi Franc

Overview

BIF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Burundi.

Besides this limitation, this currency is considered to be complex, due to the large amount ofinformation that needs to be provided.

Currency Guidelines





• The beneficiary’s telephone number


This currency does not have any decimal places.

Payment Formatting



IBAN FORMAT

MANDATORY 59



XXXX


Currency Guide

April 2019 | 64



MANDATORY 70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF THE

BENEFICIARY


BENEFICIARY BANK



• Central bank of Burundi: http://www.brb.bi/

http://www.brb.bi/

Currency Guide

April 2019 | 65




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE



TELEPHONENUMBER OF THEBENEFICIARY

X

THE FULL ADDRESSOF THEBENEFICIARY BANK(EXACT BRANCHLOCATION )

X

Currency Guide

April 2019 | 66

BMD – Bermudian Dollar

Overview


Currency Guidelines



Payments in BMD toward Bermuda

Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the full address of the beneficiary are mandatory (P.O. boxes arenot accepted).

Payments in BMD outside Bermuda


Payment Formatting



FULL NAME

MANDATORY 59



XXXX





Currency Guide

April 2019 | 67



• Monetary authority of Bermuda: http://www.bma.bm/SitePages/Home.aspx

http://www.bma.bm/SitePages/Home.aspx

Currency Guide

April 2019 | 68

Technical Guidlines



REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X

FULLNAME

FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>


FULLADDRESS

X 3*35X

<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>




X


57A 8 OR 11

<CDTRAGT> <FININSTNID><BIC>XXXXXXX</BIC> </FININSTNID></CDTRAGT>



PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 69

BND – Brunei Dollar

Overview


Currency Guidelines



Payments in BND toward Brunei


Payments in BND outside Brunei


Payment Formatting







Currency Guide

April 2019 | 70

• Monetary authority of Brunei: http://www.ambd.gov.bn/Home.aspx

http://www.ambd.gov.bn/Home.aspx

Currency Guide

April 2019 | 71




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 72

BOB – Bolivian Boliviano

Overview

BOB is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Bolivia.


Currency Guidelines




Moreover, the full address (exact branch location) of the beneficiary’s bank is mandatory and tobe provided in the remittance information.

Payment Formatting



FULL NAME

MANDATORY 59



XXXX




MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OF THE

BENEFICIARY BANK

Currency Guide

April 2019 | 73


• Available charge option: OUR/SHA/BEN• Central bank of Bolivia: http://www.bcb.gob.bo/

http://www.bcb.gob.bo/

Currency Guide

April 2019 | 74

Techincal Guidelines



REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X

FULLNAME ULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>


FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

Currency Guide

April 2019 | 75

BRL – Brazilian real

Overview

BRL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency cannot be sent outside of Brazil.

Besides this limitation, this currency is considered to be complex: In most cases, the finalbeneficiaries will have to contact their local branch to release the funds, while in some cases,the beneficiaries might be required to sign documents to authorise the release of funds. Thisemphasises the importance of adding the beneficiary’s telephone numbers in the paymentinstructions.

Currency Guidelines






• The agency code

• The beneficiary’s tax ID ; CNPJ number for legal entities (fourteen digits) or CPF number forindividuals (eleven digits)



Payment Formatting


Currency Guide

April 2019 | 76



IBAN FORMAT

MANDATORY 59



XXXX


XXXX





THE AGENCY CODE OF THEBENEFICIARY BANK

BENEFICIARY TAX ID

TELEPHONE NUMBER OF THEBENEFICIARY


BENEFICIARY BANK


Available charge option: OUR/SHA/BEN

Central bank of Brazil: http://www.bcb.gov.br/?ENGLISH

http://www.bcb.gov.br/?ENGLISH

Currency Guide

April 2019 | 77




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35X

<CDTR> <PSTLADR> <ADRLINE>XXXYYY</ADRLINE><ADRLINE>ZZZ</ADRLINE> </PSTLADR></CDTR>




X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE

ENGLISH




X


X

BENEFICIARY TAXID

X

CNPJNUMBERFOR LEGALENTITIESCPFNUMBERFORINDIVIDUALS

14 DIGITS11 DIGITS

THE AGENCY CODEOFBENEFICIARY BANK

XBANKAGENCYCODE

Currency Guide

April 2019 | 78

BSD – Bahamian Dollar

Overview


Currency Guidelines



Payments greater than BSD 10.000 require a source of funds declaration.

Payment Formatting




RECOMMENDED

70 <Rmtlnf><Ustrd>FULL NAME OF

THE BENEFICIARY BANKMANDATORY


• Available charge options: OUR/SHA/BEN• Central bank of Bahamas: http://www.centralbankbahamas.com/

http://www.centralbankbahamas.com/

Currency Guide

April 2019 | 79




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 80

BTN – Bhutanese Ngultrum

Overview

BTN is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Bhutan.

Besides this limitation, this currency is considered to be complex (complex processing).

Currency Guidelines




Payment Formatting



FULL NAME

MANDATORY 59



XXXX







Currency Guide

April 2019 | 81

• Monetary authority of Bhutan: http://www.rma.org.bt/

http://www.rma.org.bt/

Currency Guide

April 2019 | 82




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 1*33X 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 83

BWP – Botswana Pula

Overview


Currency Guidelines

Besides the standard information, the beneficiary’s physical full address is recommended.




Payment Formatting



FULL ADRESS RECOMMENDED 59<Cdtr> <PstlAdr> <AdrLine>

XXXX




MANDATORY





Currency Guide

April 2019 | 84

• Central bank of Botswana: http://www.bankofbotswana.bw/

http://www.bankofbotswana.bw/

Currency Guide

April 2019 | 85




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

Currency Guide

April 2019 | 86

BYN – Belarusian Ruble

Overview

BYN is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Belarus.

Besides this limitation, this currency is considered to be complex: In some cases, the finalbeneficiaries will have to contact their local branch to release the funds, or might be required tosign documents to authorise the release of funds.

Currency Guidelines

Besides the standard information, the IBAN must be communicated.

IBAN Length: 28 characters.Example: BY13 NBRB 3600 9000 0000 2Z00 AB00.

The full name (written out in full, without initials, abbreviations or acronyms) and the fulladdress of the beneficiary are mandatory (P.O. boxes are not accepted).




• The beneficiary’s tax ID (UNN, INN or UNP)• The beneficiary’s bank full name• The MFO code of the beneficiary’s bank (a unique bank identifier code of three digits ornine if the code begins with: 153001)


Payment Formatting


Currency Guide

April 2019 | 87


FULL NAME

MANDATORY) 59



XXXX





FULL NAME OF THEBENEFICIARY BANK

FULL ADDRESS(EXACT BRANCH LOCATION)OF THE BENEFICIARY BANK

BENEFICIARY TAX ID

MFO BANK CODE OF THEBENEFICIARY BANK


• Available charge option: OUR/SHA/BEN• Central bank of Belarus: http://www.nbrb.by/engl/

http://www.nbrb.by/engl/

Currency Guide

April 2019 | 88




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

DOMESTICACCOUNT NUMBER

X

59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE

ENGLISH



BENEFICIARY TAXID

XUNN , INNORUNP

MFO BANK CODEOF THEBENEFICIARY BANK

X 3 OR 9DIGITS

THE FULL NAMEANDADDRESS OF THEBENEFICIARYBANK (EXACTBRANCHLOCATION)

XFREEMESSAGE

ENGLISH

Currency Guide

April 2019 | 89

BZD – Belize Dollar

Overview


Currency Guidelines

Beside the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.


Payment Formatting






• Available charge option: OUR/SHA/BEN• Central bank of Belize: https://www.centralbank.org.bz/

https://www.centralbank.org.bz/

Currency Guide

April 2019 | 90




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 91

C

Currency Guide

April 2019 | 92

CAD – Canadian Dollar

Overview


Currency Guidelines



Payments in CAD toward Canada

Besides the standard information, it is important to note that the IBAN format is not in use inCanada.The beneficiary’s physical full address is recommended.The CC code is recommended in order to enable correct routing of payments in the domesticclearing. The CC code is a nine digit code which identifies the direct payment routing number(the first four digits) and the branch transit number (the last five digits).

Example of a CC code: 000306962

In certain cases, the CC code could be included within the domestic account number. Please askto your beneficiary to indicate separately the CC code and the domestic account number.

Payments in CAD outside Canada


Payment Formatting


Currency Guide

April 2019 | 93


FULL ADRESSRECOMMENDED

(PAYMENTS TOWARD CANADA)59

<cdtr><PstlAdr><AdrLine>XXXX



CC CODE&

BIC CODE

RECOMMENDED(PAYMENTS TOWARD CANADA)

57A

<CdtrAgt><FinInstnld><BIC> XXXXX

<ClrSysMmbld><Mmbld>XXXXXXXX






• Available charge option: OUR (fees depend on beneficiary)/SHA/BEN

• Central bank of Canada:www.bankofcanada.ca/

• Canadian Payment Association:www.cdnpay.ca/imis15/eng/Publications/business_guides/eng/business/payment_guides/stp_guidelines_wire_payments.aspx

• More payment information:www.cdnpay.ca/imis15/pdf/pdfs_publications/business_guide_lvts_stp.pdf

http://www.bankofcanada.ca/

https://www.cdnpay.ca/imis15/eng/Publications/business_guides/eng/business/payment_guides/stp_guidelines_wire_payments.aspx

https://www.cdnpay.ca/imis15/eng/Publications/business_guides/eng/business/payment_guides/stp_guidelines_wire_payments.aspx

https://www.cdnpay.ca/imis15/pdf/pdfs_publications/business_guide_lvts_stp.pdf

Currency Guide

April 2019 | 94




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARD CANADA:DOMESTICACCOUNTNUMBER

X

59

/34X


LINE1 : /34X

PAYMENTSOUTSIDE CANADA:IBAN FORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35X





PAYMENTSTOWARD CANADA:CC CODE & BICCODE (BRANCHIDENTIFIERINCLUDED, IFPROVIDED)

X

CC CODE: 9DIGITS BICCODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)

//CC+ 9 DIGITS BIC CODE: 8 OR 11 DIGITS

57A 1*33X 8 OR 11


<BIC>LIMITED TO11CHARACTERS<MMBLD>LIMITED TO24CHARACTERS


PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 95

CDF – Congolese Franc

Overview

CDF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of theDemocratic Republic of Congo.


Currency Guidelines




Additionally, it is mandatory to provide the beneficiary’s bank full address (exact branchlocation) in the remittance information.

Moreover, all payments must be instructed with a 23-digit Beneficiary Bank Account Number(BBAN). Payments without the 23 digit BBAN may be rejected or will result in payment delays.

Eventually, it is recommended as well to add the beneficiary’s telephone number.

Payment Formatting



FULL NAME

MANDATORY) 59

Name <Cdtr> <Nm>XXXXXXX

FULL ADRESSCdtr> <PstlAdr> <AdrLine>

XXXX

Currency Guide

April 2019 | 96




MANDATORY

70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACT

BRANCH LOCATION) OF THEBENEFICIARY BANK


RECOMMENDED


• Available charge option: OUR/SHA/BEN• Central bank of DR of Congo: http://www.bcc.cd/

http://www.bcc.cd/

Currency Guide

April 2019 | 97




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X




BIC CODE(BRANCHIDENTIFIERINCLUDED,IF PROVIDED)

X


// 57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X


X

Currency Guide

April 2019 | 98

CHF – Swiss Franc

Overview


Currency Guidelines



Payments in CHF toward Switzerland

Besides the standard information, the IBAN format is mandatory.The beneficiary’s full name (written out in full, without initials, abbreviations or acronyms) ismandatory.

Payments in CHF outside Switzerland

Standard informationThe IBAN format is mandatory (see Appendix VI).

Payment Formatting



IBAN FORMAT MANDATORY(PAYMENTS TOWARD

SWITZERLAND)59


FULL ADRESSName <Cdtr> <Nm>

XXXX






Currency Guide

April 2019 | 99



• According to the Commission Services, Titles III and IV of the PSD also apply to paymenttransactions made in Swiss Francs (CHF) within the EU/EEA countries, covering, amongst others,a transfer made in Swiss Francs between two PSPs both located in one Member State (e.g.France)

• Central bank of Switzerland: http://www.snb.ch/en/

http://www.snb.ch/en/

Currency Guide

April 2019 | 100




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARDSWITZERLAND:IBAN FORMATMANDATORY

X

59

/34X


LINE1 : /34XPAYMENTSOUTSIDESWITZERLAND:IBAN FORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 101

CLP – Chilean Peso

Overview

CLP is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Chile.


Currency Guidelines





• The beneficiary’s tax ID: RUT (Registro Unico Tributario)• The beneficiary’s account type (current or saving)• The beneficiary’s telephone number


Payment Formatting



FULL NAME

MANDATORY 59



XXXX


Currency Guide

April 2019 | 102

DATA NAME PRESENCE MT101TAG XML V3 TAG


MANDATORY 70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF

THE BENEFICIARY

BENEFICIARY TAX ID

BENEFICIARY ACCOUNT TYPE


• Available charge option: OUR/SHA/BEN• Central bank of Chile: http://www.bcentral.cl/

http://www.bcentral.cl/

Currency Guide

April 2019 | 103




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

BENEFICIARY'SACCOUNT TYPE

X

BENEFICIARY TAXID X

X

Currency Guide

April 2019 | 104

CNY – Chinese Yuan/Renminbi

Overview

Payments toward mainland China (onshore):

• Payments in Chinese Yuan / Renminbi toward mainland China are considered to beregulated and complex.

• Cross-border payments in CNY toward mainland China are only authorised for capital,commercial and similar transactions.

• Cross-border payments in CNY from corporates outside China to individuals located inmainland China are possible, using one of the following purpose codes: /PAYT/02112,/PAYT/02114 or /PAYT/02125. However, cross-border payments in CNY initiated byindividuals are not permitted.

• Regulations change frequently: please contact your Account Manager for the latest statusor any specific request.

Payments outside mainland China (offshore):

• Payments in CNY outside mainland China are not subject to rules described above and areconsidered to be highly standardised.

Currency Guidelines

Payments in CNY toward mainland China

Payments in CNY toward mainland China are processed through the Chinese local clearing,called CNAPS (China National Advanced Payment System), which uses specific codes andinformation.

Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) of the beneficiary is mandatory, to reduce ambiguity linked withhomonyms. The beneficiary’s physical full address is recommended in order to facilitate thecorrect processing. The beneficiary's bank name is mandatory while the beneficiary's bankaddress is optional.

A clearing code, known as the CNAPS routing code, is mandatory: this code describes the exactbranch location of the beneficiary's bank. Providing BIC code in addition to CNAPS code is highlyrecommended but not mandatory.

Currency Guide

April 2019 | 105

In case the CNAPS routing code is not provided, BIC code (branch identifier included, if available)of the beneficiary’s bank becomes mandatory. In order to facilitate the process, it is alsorecommended to add the full address (exact branch location) of the beneficiary's bank in theremittance information. The derivation process of the CNAPS routing code from BIC code is amanual process and is done on a best effort basis; as such, the payment may be subject todelays.

Example of the CNAPS routing code of BNP Paribas China Ltd - Shanghai branch:782290000018

A CNAPS purpose of payment code (see Appendix III) is also needed for regulatory reporting tothe People’s Bank of China. This code is mandatory.

Example of a CNAPS purpose of payment code: PAYT/02114 for contracted services (used fore.g. payments towards individuals in Mainland China)

In case the CNPAS purpose of payment code equals 02125 or 02127, a clear reason / purpose ofpayment is mandatory and consists of a full written description (in English) of the nature ofpayment to be provided in the remittance information. For example: providing aninvoice number without guiding text is considered as insufficient and can result in errors ordelays.


Moreover, it is recommended to provide the beneficiary’s telephone number in the remittanceinformation.

Payments in CNY outside mainland China


Payment Formatting



FULL NAMEMANDATORY

(PAYMENTS TOWARDMAINLAND CHINA)

59




<Cdtr> <PstlAdr> <AdrLine>XXXX



OPTION 1

CNAPS CODEMANDATORY

(PAYMENTS TOWARD MAINLAND CHINA)57A

<CdtrAgt><FinInstnld><BIC> XXXX

<ClrSysMmbld><Mmbld>XXXX

BIC CODERECOMMENDED

(PAYMENTS TOWARD MAINLAND CHINA)57A



OPTION 2

BIC CODEMANDATORY

(IF CNAPS CODE IS NOT PROVIDED)57A



Currency Guide

April 2019 | 106



PURPOSE OF PAYMENTCODE (CNAPS PURPOSE OF

PAYMENT CODE)MANDATORY


70 <Rmtlnf><Ustrd>



RECOMMENDED(PAYMENTS TOWARD

MAINLAND CHINA)


BENEFICIARY BANK

RECOMMENDED(IF CNAPS ROUTING CODE

IS NOT PROVIDED)



• Central bank of China: http://www.pbc.gov.cn/english/130437/index.html

http://www.pbc.gov.cn/english/130437/index.html

Currency Guide

April 2019 | 107




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTS TOWARDMAINLAND CHINA:DOMESTIC ACCOUNTNUMBER

X

59

/34X


LINE1 : /34X

PAYMENTS OUTSIDEMAINLAND CHINA: IBANFORMAT (IF APPLICABLE)





FULLADDRESS

X 3*35X


LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36 TO70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS



OPTION 1:PAYMENTS TOWARDMAINLAND CHINA&CNAPS ROUTING CODE(MANDATORY)&BIC CODE (HIGHLYRECOMMENDED BUT NOTMANDATORY - BRANCHIDENTIFIER INCLUDED, IFPROVIDED)

X

CNAPS CODE:12 DIGITSBIC CODE: 8DIGITS(BRANCHIDENTIFIER: 3DIGITS)

/CN + 12 DIGITSBIC CODE: 8 OR11 DIGITS

57A 1*33X 8 OR 11


<BIC> LIMITEDTO 11CHARACTERS<MMBID>LIMITED TO 24CHARACTERS


OPTION 2:PAYMENTS TOWARDMAINLAND CHINA&IF CNAPS CODE IS NOTPROVIDED: BIC CODEMANDATORY

X


57A 8 OR 11




PAYMENTMESSAGE

PURPOSE OF PAYMENTCODE X

CNAPSPURPOSEOFPAYMENT

PAYT/ + 5DIGITS

70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS

IF CNAPS PRUPOSE OFPAYMENT EQUALS 02125 OR02127, THEN TEH DETAILEDREASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)

X (IF CNPASPOP CODE02125 OR02127)

FREEMESSAGE ENGLISHTELEPHONE NUMBER OF

THE BENEFICIARY X

RECOMMENDATION IF THECNAPS ROUTING CODE ISNOT PROVIDED: THE FULLADDRESS OF THEBENEFICIARY BANK (EXACTBRANCH LOCATION )

X

Currency Guide

April 2019 | 108

COP – Colombian Peso

Overview

COP is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Colombia.

Besides this limitation, this currency is considered to be complex: in most cases, the finalbeneficiaries will have to contact their local branch to release the funds, while in some cases,the beneficiaries might be required to sign documents to authorise the release of funds. Thisemphasises the importance of adding the beneficiary’s telephone numbers in the paymentinstructions.

Currency Guidelines

Besides the standard information, please note that the full name (written out in full, withoutinitials, abbreviations or acronyms) and the physical full address and of the beneficiary aremandatory.

A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. Forexample: providing an invoice number without guiding text is considered as insufficient and canresult in errors or delays.



• The beneficiary’s tax ID


• The full address (exact branch location)

Payment Formatting


Currency Guide

April 2019 | 109


FULL NAME

MANDATORY 59



XXXX




MANDATORY 70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF THE

BENEFICIARY

BENEFICIARY TAX IDFULL ADDRESS (EXACT




• Central bank of Colombia: http://www.banrep.gov.co/en

http://www.banrep.gov.co/en

Currency Guide

April 2019 | 110




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

BENEFICIARY TAXID

X


X

Currency Guide

April 2019 | 111

CRC – Costa Rican Colon

Overview


Currency Guidelines




Payments in CRC toward Costa Rica

Besides the standard information, it is important to note that the beneficiary’s tax ID (CedulaJuridica or Cedula Natural) is mandatory.

The beneficiary's tax ID must be formatted as "TAXID" followed by numeric code of 10 or 12digits as described below. There is no space between letters and numbers.

Type of bene ID number length Format Example

INDIVIDUAL(NATIONAL)

10 DIGITS A ZERO SHOULD BE PLACED BEFORE THE 9 DIGITS OF THE ID NUMBER TAXID0123456789

INDIVIDUAL(FOREIGN LEGALLY REGISTERED)

12 DIGITS AS INDICATED IN IDENTIFICATION DOCUMENT TAXID123456789012

LEGAL ENTITY/CORPORATES

10 DIGITIS AS INDICATED IN LEGAL DOCUMENT TAXID1234567890

Payments in CRC outside Costa Rica

Standard informationIBAN format is mandatory (see Appendix VI).

Payment Formatting


Currency Guide

April 2019 | 112



FULL NAME

MANDATORY 59



XXXX




RECOMMENDED

70 <Rmtlnf><Ustrd>

BENEFICIARY TAX IDMANDATORY

(PAYMENT TOWARDS COSTA RICA)


• Available charge option: OUR/SHA/BEN• Central bank of Costa Rica: http://www.bccr.fi.cr/bccr_home_page/index.html

http://www.bccr.fi.cr/bccr_home_page/index.html

Currency Guide

April 2019 | 113




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE


MAXIMUMLENGTH IS140CHARACTERSBENEFICIARY TAX

IDX

Currency Guide

April 2019 | 114

CVE – Cape Verdean Escudo

Overview

CVE is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of CapeVerde.


Currency Guidelines




Payment Formatting



FULL NAME

MANDATORY) 59



XXXX






Currency Guide

April 2019 | 115

• Available charge option: OUR/SHA/BEN• Central bank of Cape Verde: http://www.bcv.cv/vEN/Pages/Homepage.aspx

http://www.bcv.cv/vEN/Pages/Homepage.aspx

Currency Guide

April 2019 | 116




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 117

CZK – Czech Koruna

Overview


Currency Guidelines



Payments in CZK toward The Czech Republic


In the case where structured remittance information is to be passed, it is important to note thatthis can be either one of the following, or a combination of:

• Variable code (1-10 digits) e.g. /VS/xxxxx• Constant code (1-4 digits) e.g. /KS/xxxxx• Specific code (1-10 digits) e.g. /SS/xxxxx

These codes shall be provided by the beneficiary.

Payments in CZK outside the Czech Republic


Payment Formatting




Currency Guide

April 2019 | 118



(PAYMENTS TOWARD THECZECH REPUBLIC)


XXXX






• Available charge options: OUR/SHA/BENIn principle, for payments subject to the Payment Services Directive (PSD) and without currencyconversion, only shared charges are allowed.

• Central bank of the Czech Republic: https://www.cnb.cz/en/index.html

https://www.cnb.cz/en/index.html

Currency Guide

April 2019 | 119




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARD THECZECH REPUBLIC:IBAN FORMATMANDATORY

X

59

/34X


LINE1 : /34XPAYMENTSOUTSIDE THECZECH REPUBLIC:IBAN FORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 120

D

Currency Guide

April 2019 | 121

DJF – Djiboutian Franc

Overview

DJF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Djibouti.


Currency Guidelines





Payment Formatting



FULL NAME

MANDATORY 59



XXXX






Currency Guide

April 2019 | 122

• Available charge option: OUR/SHA/BEN• Central bank of Djibouti: http://banque-centrale.herokuapp.com/

http://banque-centrale.herokuapp.com/

Currency Guide

April 2019 | 123




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 124

DKK – Danish Krone

Overview


Currency Guidelines



Payments in DKK toward Denmark


Payments in DKK outside Denmark


Payment Formatting




(PAYMENTS TOWARDDENMARK)


XXXX







Currency Guide

April 2019 | 125



• Central bank of Denmark: http://www.nationalbanken.dk/en/Pages/default.aspx

http://www.nationalbanken.dk/en/Pages/default.aspx

Currency Guide

April 2019 | 126




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARDDENMARK: IBANFORMATMANDATORY

X

59

/34X


LINE1 : /34XPAYMENTSOUTSIDEDENMARK:IBANFORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 127

DOP – Dominican Peso

Overview

This currency is considered to be complex (multiple information to be provided and complexprocessing).

Currency Guidelines



Payments in DOP toward the Dominican Republic

Besides the standard information, it is mandatory to provide in the remittance information:

• The beneficiary’s tax ID (RNC - Registro Nacional de Contribuyentes)• The beneficiary’s account type (current or saving)• The beneficiary’s telephone number

Payments in DOP outside the Dominican Republic


Payment Formatting



Currency Guide

April 2019 | 128



MANDATORY


THE BENEFICIARY MANDATORY(PAYMENTS TOWARD THE

DOMINICAN REP)BENEFICIARY TAX ID

BENEFICIARY TAX ID


• Available charge option: OUR/SHA/BEN• Central bank of the Dominican Republic:http://www.bancentral.gov.do:8080/english/index-e.asp

http://www.bancentral.gov.do:8080/english/index-e.asp

Currency Guide

April 2019 | 129




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

BENEFICIARY TAXID

X

BENEFICIARYACCOUNT TYPE

X

Currency Guide

April 2019 | 130

DZD – Algerian Dinar

Overview

DZD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Algeria.


Currency Guidelines





Payment Formatting



FULL NAME MANDATORY)

59



XXXX




MANDATORY



Currency Guide

April 2019 | 131


• Available charge options: OUR/SHA/BEN• Additional information: FX activities in Algeria are heavily regulated and tightly controlled bythe Algerian central bank.• Central bank of Algeria: http://www.bank-of-algeria.dz/html/present.htm

http://www.bank-of-algeria.dz/html/present.htm

Currency Guide

April 2019 | 132




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X




BICCODE(BRANCHIDENTIFIERINCLUDED, IFPROVIDED)

X

BIC CODE: 8DIGITS(BRANCHIDENTIFIER: 3DIGITS)

57A 8 OR 11




PAYMENTMESSAGE

DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)

X

FREE MESSAGE ENGLISH 70 4*35X <RMTINF><USTRD>

MAXIMUMLENGTH IS140CHARACTERSTELEPHONE NUMBER OF

THE BENEFICIARY X

Currency Guide

April 2019 | 133

E

Currency Guide

April 2019 | 134

EGP – Egyptian Poundr

Overview


Currency Guidelines



Payment Formatting






• Available charge options: OUR/SHA/BEN• Central bank of Egypt: http://www.cbe.org.eg/

http://www.cbe.org.eg/

Currency Guide

April 2019 | 135




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X

BIC CODE:8 DIGITS(BRANCHIDENTIFIER:3 DIGITS

57A 1*33X 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 136

ERN – Eritrean Nakfa

Overview

ERN is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Eritrean.


Currency Guidelines





Payment Formatting



FULL NAME

MANDATORY 59



XXXX





BENEFICIARY BANK

Currency Guide

April 2019 | 137



Currency Guide

April 2019 | 138




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE



THE FULLADDRESS OF THEBENEFICIARYBANK (EXACTBRANCHLOCATION )

X

Currency Guide

April 2019 | 139

ETB – Ethiopian Birr

Overview

ETB is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Ethiopia.

Besides this limitation, the payment processing is considered to be relatively standardised.

Currency Guidelines

Besides the standard information, the physical full address of the beneficiary is mandatory.




• Available charge option: OUR/SHA/BEN• Central bank of Ethiopia: http://www.nbe.gov.et/

Payment Formatting



FULL ADRESS MANDATORY 59<Cdtr> <PstlAdr> <AdrLine>

XXXX





http://www.nbe.gov.et/

Currency Guide

April 2019 | 140




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 141

EUR – Euro

Overview

Today, all transactions in EUR between 2 countries with EUR as domestic currency must respectthe SEPA regulation (Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece,Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Portugal, Slovenia, Slovakia, Spain and TheNetherlands).

As from November 2016, all transactions in EUR between 2 countries within the SEPA Area(see Appendix VII) must also respect the SEPA regulation.

Payment transactions processed and settled through large- value payment systems, regardlessof the amount, remain out of scope of the SEPA regulation.

Currency Guidelines

SEPA payments

For SEPA payments, please consult our dedicated SEPA guides (see Appendix VII).

High Value payments

Standard informationIn some countries the IBAN format is mandatory (see Appendix VI) and/or specific localregulations are applicable.

A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example;providing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.


Payment Formatting





Currency Guide

April 2019 | 142



RECOMMENDED 70 <Rmtlnf> >Ustrd>



• More information about the Euro zone:http://europa.eu/about-eu/basic-information/money/euro/

• European Central Bank: https://www.ecb.europa.eu/home/html/index.en.html

http://europa.eu/about-eu/basic-information/money/euro/

https://www.ecb.europa.eu/home/html/index.en.html

Currency Guide

April 2019 | 143

Technical Guidlines



REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X


FULLNAME X 1*35X


FULLADDRESS

X 3*35X





X


57A 8 OR 11

<CDTRAGT> <FININSTNID> <BIC>XXXXXXX</BIC> </FININSTNID></CDTRAGT>



PAYMENTMESSAGE

DETAILED REASON OFPAYMENT (REASON/PURPOSEOF PAYMENT)

X FREEMESSAGE



Currency Guide

April 2019 | 144

F

Currency Guide

April 2019 | 145

FJD – Fijian Dollar

Overview


Currency Guidelines



Payment Formatting






• Available charge options: OUR/SHA/BEN• Central bank of Fiji: http://www.rbf.gov.fj/

http://www.rbf.gov.fj/

Currency Guide

April 2019 | 146




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 147

G

Currency Guide

April 2019 | 148

GBP – British Pound Sterling

Overview


Currency Guidelines



Payments in GBP toward the UK

Besides the standard information, it is important to note that the IBAN format is recommended(see Appendix VI).

In case that the domestic account number is provided, then the sort code is mandatory.

The sort code is a six digit code which allows for the identification of a financial institution. Thisinformation should be requested from the beneficiary.

Example of a sort code: 209448

Payments in GBP outside the UK

Standard informationThe IBAN format is recommended (see Appendix VI).

Payment Formatting



IBAN FORMATRECOMMENDED

(PAYMENTS TOWARD THE UK)59




Currency Guide

April 2019 | 149



CC CODE&

BIC CODE

MANDATORY(IF DOMESTIC ACCOUNTNUMBER PROVIDED AND

PAYMENT TOWARDS THE UK)

57A

<CdtrAgt> <FinInstnId><BIC> XXXX

<ClrSysMmbId> <MmbId>XXXX







• Central bank of the United Kingdom : http://www.bankofengland.co.uk

http://www.bankofengland.co.uk

Currency Guide

April 2019 | 150




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARD THE UK:IBAN FORMATALWAYSRECOMMENDED X

59

/34X



LINE1 : /34X

PAYMENTSOUTSIDE THE UK:IBAN FORMAT (IFAPPLICABLE)

FULLNAME X 1*35X



FULLADDRESS

X 3*35X




IF DOMESTICACCOUNTNUMBERPROVIDED ANDPAYMENTTOWARD THE UK:SORT CODE&BIC CODE (BRANCHIDENTIFIERINCLUDED, IFPROVIDED)

X

SORT CODE:6 DIGITSBIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)

//SC + 6DIGITS BICCODE: 8 OR 11DIGITS

57A 1*33X 8 OR 11




X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 151

GEL – Georgian Lari

Overview

GEL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Georgia.


Currency Guidelines






Payment Formatting



IBAN FORMAT

MANDATORY 59



XXXX


XXXX



Currency Guide

April 2019 | 152




BENEFICIARY BANK


• Available charge options: OUR/SHA/BEN• Central bank of Georgia: https://www.nbg.gov.ge/index.php?m=2&lng=eng

https://www.nbg.gov.ge/index.php?m=2&lng=eng

Currency Guide

April 2019 | 153




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35X





) X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

Currency Guide

April 2019 | 154

GHS – Ghanaian Cedi

Overview


Currency Guidelines




The Beneficiary’s Bank’s Sort Code is mandatory and should be added to the remittanceinformation. This code is a six digit code which allows the identification of a financial institution.This code is preceded with two letters that represent the country code for Ghana: GH.

The 8-character alpha numeric sort code is allocated based on pre-defined criteria to identify thecountry, the bank, the clearing zone in which a bank branch is located and the branch numberof the bank and are structured as enclosed:

• The first two digits represent the bank’s code

• The second two digits represent the code of the clearing zone within which the branch ofthe bank is located

• The last two digits represent the branch’s code

If Beneficiary Bank’s Sort Code is not know, the full address (exact branch location) and name ofthe beneficiary’s bank is mandatory and to be provided in the remittance information. Moreover,it is recommended to provide the beneficiary’ telephone number in the remittance information.

Payment Formatting


Currency Guide

April 2019 | 155


FULL NAME

RECOMMENDED 59


FULL ADRESS<Cdtr><PstlAdr><AdrLine>

XXX





THE BENEFICIARY


• Available charge options: OUR/SHA/BEN• Central bank of Ghana: http://www.bog.gov.gh/

http://www.bog.gov.gh/

Currency Guide

April 2019 | 156




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

IBAN FORMAT MANDATORY X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE

ENGLISH




X

THE FULL ADDRESS OF THEBENEFICIARY BANK (EXACTBRANCH LOCATION)SORT CODE OF THEBENEFICIARY BANK

X

X 6 DIGITS

Currency Guide

April 2019 | 157

GMD – Gambian Dalasi

Overview

GMD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Gambia.


Currency Guidelines




Payment Formatting



FULL NAMEMANDATORY 59


FULL ADRESS Cdtr> <PstlAdr> <AdrLine>







Currency Guide

April 2019 | 158

• Central bank of Gambia: http://www.cbg.gm/

http://www.cbg.gm/

Currency Guide

April 2019 | 159




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 1*33X 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 160

GNF – Guinean Franc

Overview

GNF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Guinea.


Currency Guidelines

Besides the standard information, even though the IBAN format is always recommended, it isimportant to note that the domestic account number format can be used.

The domestic account number is eighteen digits in Guinea. This account structure is made up ofa bank/branch identifier (three digits), an agency code (three digits), a domestic account number(ten digits) and a key (two digits).






Payment Formatting


Currency Guide

April 2019 | 161


FULL NAME

MANDATORY 59



XXXX





BENEFICIARY BANK


• Available charge options: OUR/SHA/BEN• Central bank of Guinea: http://www.bcrg-guinee.org/

http://www.bcrg-guinee.org/

Currency Guide

April 2019 | 162




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 1*33X 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

Currency Guide

April 2019 | 163

GTQ – Guatemalan Quetzal

Overview


Currency Guidelines

Beside the standard information, it is important to note that the IBAN format is alwaysrecommended (see Appendix VI).



Payment Formatting



IBAN FORMAT RECOMMENDED 59<CdtrAcct> <Id> <IBAN>

XXXX






• Available charge options: OUR/SHA/BEN• Central bank of Guatemala: http://www.banguat.gob.gt/default.asp?lang=2


http://www.banguat.gob.gt/default.asp?lang=2

Currency Guide

April 2019 | 164




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 165

GYD – Guyanese Dollar

Overview


Currency Guidelines



Payment Formatting






• Available charge options: OUR/SHA/BEN• Central bank of Guyana: http://www.bankofguyana.org.gy/bog/

http://www.bankofguyana.org.gy/bog/

Currency Guide

April 2019 | 166




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 1*33X 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 167

H

Currency Guide

April 2019 | 168

HKD – Hong Kong Dollar

Overview


Currency Guidelines



Payments in HKD toward Hong Kong


Payments in HKD outside Hong Kong


Payment Formatting







• Hong Kong monetary authority: http://www.hkma.gov.hk/eng/index.shtml

http://www.hkma.gov.hk/eng/index.shtml

Currency Guide

April 2019 | 169




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X


LINE 2:LIMITED TO 35CHARACTERS

FULLADDRESS

X 3*35X


LINE 3:POSITION 1 TO35 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36TO 70 OF THEFIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS



X

BIC CODE:8DIGITS(BRANCHIDENTIFIER:3 DIGITS)

57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE

ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERS

Currency Guide

April 2019 | 170

HNL – Honduran Lempira

Overview

HNL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Honduras.


Currency Guidelines




Additionally, the beneficiary’s account type (current or saving) is required and should be addedto the remittance information.

Payment Formatting



FULL NAME

MANDATORY 59



XXXX



REASON / PURPOSE OFPAYMENT MANDATORY 70 <Rmtlnf><Ustrd>

BENEFICIARY ACCOUNT TYPE

Currency Guide

April 2019 | 171


• Available charge options: OUR/SHA/BEN• Central bank of Honduras: http://www.bch.hn/eng/

http://www.bch.hn/eng/

Currency Guide

April 2019 | 172




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE



XCURRENTOR SAVING

Currency Guide

April 2019 | 173

HRK – Croatian Kuna

Overview


Currency Guidelines



Payments in HKR toward Croatia


Payments in HKR outside Croatia


Payment Formatting




(PAYMENTS TOWARD CROATIA)59








Currency Guide

April 2019 | 174



• Central bank of Croatia: http://www.hnb.hr/eindex.htm

http://www.hnb.hr/eindex.htm

Currency Guide

April 2019 | 175




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTS TOWARDCROATIA:IBAN FORMATMANDATORY

X

59

/34X


LINE1 : /34X

PAYMENTS OUTSIDECROATIA:IBAN FORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE


Currency Guide

April 2019 | 176

HTG – Haitian Gourde

Overview


Currency Guidelines




Payment Formatting



FULL NAME

MANDATORY 59



XXXX






• Available charge options: OUR/SHA/BEN• Central bank of Haiti: http://www.brh.net/

http://www.brh.net/

Currency Guide

April 2019 | 177




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 1*33X 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 178

HUF – Hungarian Forint

Overview


Currency Guidelines




Payments in HUF toward Hungary


Payments in HUF outside Hungary


Payment Formatting




(PAYMENTS TOWARD HUNGARY)59








Currency Guide

April 2019 | 179



• Central bank of Hungary: http://english.mnb.hu/

http://english.mnb.hu/

Currency Guide

April 2019 | 180




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARDHUNGARY: IBANFORMATMANDATORY

X

59

/34X


LINE1 : /34XPAYMENTSOUTSIDEHUNGARY: IBANFORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE


Currency Guide

April 2019 | 181

I

Currency Guide

April 2019 | 182

IDR – Indonesian Rupiah

Overview

IDR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Indonesia.


Currency Guidelines




A purpose of payment code (see Appendix IV) is required when payments are above IDR 100million and one party involved in the transaction is a non-resident.



Eventually it is highly recommended that all IDR wire payments have the following informationunder Beneficiary Address with format “SKN/2*2**” where:

* BenefTypeCode value = 1/ 2/ 3 (1: Individual, 2: Corporate, 3: Government)

** BenefStatusCode value = 1/ 2 (1: Resident, 2: Non-Resident)

Examples in case of SWIFT MT103:

• Using tag 77B - must be on line 1: 77B:/BENEFRES/ID/SKN/2*2**

• Using tag 70 (payment details-free format): 70:/BENEFRES/ID/SKN/2*2**

• Using tag 72 (bank-to-bank information): 72:/ACC/BENEFRES/ID/SKN/2*2**


Currency Guide

April 2019 | 183

Note

• that incomplete instructions may result in delay and late execution.

• that ID in the above-mentioned examples, is a fixed value that stands for "Indonesia" andnot for a particular identification reference.

Payment Formatting



FULL ADRESS MANDATORY 59<Cdtr><PstlAdr><AdrLine>

XXX




MANDATORY

70 <Rmtlnf><Ustrd>PURPOSE OF PAYMENT CODE

MANDATORY(FOR PAYMENTS ABOVE

IDR 100 M AND ONE PARTYINVOLVED IN THE TRANSACTION

IS A NON-RESIDENT)

TELEPHONE NUMBER OFTHE BENEFICIARY

RECOMMENDED



• Central bank of Indonesia: http://www.bi.go.id/en/Default.aspx

http://www.bi.go.id/en/Default.aspx

Currency Guide

April 2019 | 184




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE


PURPOSE OFPAYMENTCODE:PAYMENTSABOVE IDR 100MAND ONE PARTYINVOLVEDIN THETRANSACTION ISANON RESIDENT

X


X

Currency Guide

April 2019 | 185

ILS – Israeli Shekel

Overview


Currency Guidelines



Payments in ILS toward Israel

Besides the standard information, the IBAN format will be mandatory as from 1 July 2019 (seeAppendix VI).



Payments in ILS outside Israel


Payment Formatting




(PAYMENTS TOWARD ISRAEL)59



(PAYMENTS TOWARD ISRAEL)59

<Cdtr><PstlAdr><AdrLine>XXX



Currency Guide

April 2019 | 186




RECOMMENDED



(PAYMENTS TOWARD ISRAEL)


• Available charge options: OUR/SHA/BEN• Central bank of Israel: http://www.boi.org.il/en/Pages/Default.aspx

http://www.boi.org.il/en/Pages/Default.aspx

Currency Guide

April 2019 | 187




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARD ISRAEL:IBAN FORMATMANDATORY

X

59

/34X


LINE1 : /34X

PAYMENTSOUTSIDE ISRAEL:IBAN FORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE

ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSTELEPHONE


X

Currency Guide

April 2019 | 188

INR – Indian Rupee

Overview

This currency is considered to be restricted, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of India.

Besides this limitation, this currency is considered to be complex because of its complexprocessing.

Currency Guidelines

Besides the standard information, a dedicated country routing code known as the IFSC Code ispreferred as best practice in order to ensure the correct processing of the payment through thelocal clearing.

The IFSC code (Indian Financial System Code) is an alpha-numeric code (eleven digit code) thatuniquely identifies a bank-branch participating in the NEFT system (National electronic fundstransfer system). The IFSC is used to identify the originating / destination banks / branches andalso to route the messages appropriately to the concerned banks / branches in India.

Example of a IFSC code: APMC0000902

In case that the IFSC Code is not provided, the BIC code (branch identifier included, if provided)of the beneficiary’s bank is mandatory. It is also recommended to add the exact branch locationto the remittance information.



Additionally, it is mandatory to add the purpose of payment code (see Appendix I).

Example of a purpose payment code: P1302

Note: the reason of payment and purpose code must not start with the special character '/'.

Note: the purpose of payment code is mandatory for payments in all currencies towards India(see Appendix I).


Currency Guide

April 2019 | 189

Payment Formatting



Option 1

IFSC CODE & BIC CODE RECOMMENDED 57A



Option 2

BIC CODE MANDATORY (IF THE IFSC CODE IS NOT PROVIDED) 57A<CdtrAgt><FinInstnId><BIC>

XXXXXX



REASON OFPAYMENT

MANDATORY

70 <Rmtlnf><Ustrd>PURPOSE OF

PAYMENT CODE


BENEFICIARY BANK

RECOMMENDED(IF THE IFSC CODEIS NOT PROVIDED)



• List of Purpose code: http://www.rbi.org.in/scripts/PublicationReportDetails.aspx?ID=292

• List of IFSC code: http://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=2009

• For more information about the NEFT System and IFSC code: http://www.rbi.org.in/scripts/FAQView.aspx?Id=60

• Central Bank of India: http://www.rbi.org.in/Scripts/AboutusDisplay.aspx

http://www.rbi.org.in/scripts/PublicationReportDetails.aspx?ID=292

http://www.rbi.org.in/Scripts/bs_viewcontent.aspx?Id=2009

http://www.rbi.org.in/scripts/FAQView.aspx?Id=60

http://www.rbi.org.in/Scripts/AboutusDisplay.aspx

Currency Guide

April 2019 | 190



DESCRIPTION REQUIREMENT SWIFTREQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNT NUMBER ACCOUNT NUMBER X

59

/34X


LINE1 : /34X

FULLNAME LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>

LINE 2:LIMITED TO

35CHARACTERS

FULL ADDRESS X 3*35X





OPTION 1:IFSC CODE (*HIGHLYRECOMMENDED)&BIC CODE (BRANCHIDENTIFIER INCLUDED, IFPROVIDED)

X*

IFSC CODE:11 DIGITSBIC CODE: 8DIGITS(BRANCHIDENTIFIER:3DIGITS)

//IN + 11 DIGITS BICCODE: 8 OR 11DIGITS

57A1*33X 8 OR11



BIC CODE (BRANCHIDENTIFIERINCLUDED,IFPROVIDED)

OPTION 2:IF IFSC CODE IS NOTPROVIDED:BIC CODE

X

BIC CODE:8DIGITS(BRANCHIDENTIFIER: 3DIGITS)

57A 8 OR 11




PAYMENT MESSAGE

PURPOSE OF PAYMENTCODE

X P + 4 DIGITS


MAXIMUMLENGTH IS

140CHARACTERS

DETAILED REASON OFPAYMENT(REASON/PURPOSEOF PAYMENT)RECOMMENDATION: REASONOF PAYMENT + PURPOSE OFPAYMENT CODE

X

FREE MESSAGE ENGLISH

RECOMMENDATION IF THEIFSC CODE IS NOTPROVIDED: THE FULLADDRESS OF THEBENEFICIARY BANK (EXACTBRANCH LOCATION)

X

Currency Guide

April 2019 | 191

J

Currency Guide

April 2019 | 192

JMD – Jamaican Dollar

Overview

Fund transfers in this currency are not allowed outside of Jamaica.


Currency Guidelines

Besides the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.



• The beneficiary’s account type : can be either TYPE SA (savings) or TYPE CA (checkingaccount)• The bank and branch code of the beneficiary’s bank

Payment Formatting




RECOMMENDED

70 <Rmtlnf><Ustrd>BENEFICIARY

ACCOUNT TYPEMANDATORY

BANK AND BRANCH CODE OFTHE BENEFICIARY BANK


• Available charge options: OUR/SHA/BEN• Central bank of Jamaica: http://www.boj.org.jm/

http://www.boj.org.jm/

Currency Guide

April 2019 | 193




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



X

TYPES:TYPESA(SAVINGS)TYPECA(CHECKINGACCOUNT)

BANK ANDBRANCH CODE OFTHE BENEFICIARYBANK

X

Currency Guide

April 2019 | 194

JOD – Jordanian Dinar

Overview

The payment processing of this currency is considered to be relatively standardised. However,the beneficiaries might be contacted by the beneficiary/correspondent bank to release thefunds.

Currency Guidelines




A purpose of payment code (see Appendix VIII) is mandatory and has to be added to the reasonof payment.


For payments exceeding JOD 10 000, the beneficiaries must provide additional and validinformation related to the source of funds/payment (e.g. invoices, copy of contracts, etc.).

Payment Formatting



IBAN FORMAT MANDATORY 59<CdtrAcct> <Id> <IBAN>

XXXX




RECOMMENDED70 <Rmtlnf><Ustrd>

PURPOSE OF PAYMENT CODE MANDATORY



Currency Guide

April 2019 | 195



• The purpose of payment code is mandatory and required by the central bank for all paymentstoward Jordan (regardless of the currency).

• Central bank of Jordan: http://www.cbj.gov.jo/

http://www.cbj.gov.jo/

Currency Guide

April 2019 | 196




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE

ENGLISH


PURPOSE OFPAYMENT CODE

X 4 DIGITS

Currency Guide

April 2019 | 197

JPY – Japanese Yen

Overview

The payment processing of this currency is considered to be highly standardised, even thoughAML controls in Japan are very strict and might delay final credit to the beneficiary.

Currency Guidelines




Payments in JPY toward Japan

Besides the standard information, it is important to note that domestic account number is 7digits in Japan. However, some domestic account numbers only contain 5 digits, and must thenbe preceded by "00".

Payments in JPY outside Japan


Payment Formatting





Currency Guide

April 2019 | 198



• The commission schedule in Japan may be higher than other countries as it is market practiceto be charged on percentage based fee, the so-called “lifting charge”, for remittances where noFX transaction is involved.


Relevant for funds receipt in Japan

Please note that, according to the Bankers Association: “The Japanese government hasrequired Japanese financial institutions, etc. to identify and verify customers under the Act onprevention of transfer of criminal proceeds and the foreign exchange and foreign trade act,as part of countermeasures against money laundering activities and the financing ofterrorism. Under these circumstances, banks will identify and verify customers when theyopen a new account and/or perform large cash transactions, domestic cash transfers of morethan 100,000 yen and overseas remittances, etc. Banks are also required to reporttransactions that are suspected of being related to criminal proceeds by the Act. For moreinformation please go to the website”.

• Japanese Bankers Association: https://www.zenginkyo.or.jp/en/banks/banking_regulation/

• Central bank of Japan: http://www.boj.or.jp

https://www.zenginkyo.or.jp/en/banks/banking_regulation/

http://www.boj.or.jp

Currency Guide

April 2019 | 199




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARDJAPAN:DOMESTICACCOUNT NUMBER

X

7 DIGITS

59

/34X


LINE1 : /34X

PAYMENTSOUTSIDE JAPAN:IBAN FORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE


Currency Guide

April 2019 | 200

K

Currency Guide

April 2019 | 201

KES – Kenyan Shilling

Overview


Currency Guidelines




• The beneficiary’s bank full name• The beneficiary’s bank full address (exact branch location)• The beneficiary’s bank KBA routing code

Payment Formatting




MANDATORY 70 <Rmtlnf><Ustrd>FULL NAME AND ADDRESS(EXACT BRANCH LOCATION)OF THE BENEFICIARY BANK

KBA CODE OF THEBENEFICIARY BANK


• Available charge options: OUR/SHA/BEN• Central bank of Kenya: https://www.centralbank.go.ke/

https://www.centralbank.go.ke/

Currency Guide

April 2019 | 202




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE


THE FULL NAMEAND ADDRESS OFTHE BENEFICIARYBANK (EXACTBRANCH LOCATION)

X

KBA CODE OF THEBENEFICIARY BANK

X

Currency Guide

April 2019 | 203

KGS – Kyrgyzstani Som

Overview

KGS is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside ofKyrgyzstan.

Besides this limitation, this currency is considered to be complex: In some cases, the finalbeneficiaries will have to contact their local branch to release the funds, while in some cases,the beneficiaries might be required to sign documents to authorise the release of funds. Thisemphasises the importance of adding the beneficiary’s telephone numbers in the paymentinstructions.

Currency Guidelines

Besides the standard information, it is important to note that the domestic account numberformat is a sixteen digit account number.

The beneficiary’s physical full address is mandatory.




• The beneficiary’s telephone number• The beneficiary’s bank full name• The beneficiary’s bank full address (exact branch location)

Payment Formatting


Currency Guide

April 2019 | 204


DOMESTIC ACCOUNTNUMBER

MANDATORY 59

<CdtrAcct> <Id> <Othr> <Id>XXXXXXXXX


XXXX




MANDATORY 70 <Rmtlnf><Ustrd>TELEPHONE NUMBER OF

THE BENEFICIARY

FULL NAME AND FULL ADDRESS(EXACT BRANCH LOCATION) OF

THE BENEFICIARY BANK


• Available charge options: OUR/SHA/BEN• Central bank of Kyrgyzstan: http://www.nbkr.kg/index.jsp?lang=ENG

http://www.nbkr.kg/index.jsp?lang=ENG

Currency Guide

April 2019 | 205




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X 16 DIGITS

59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 1*33X 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE

ENGLISH




X

THE FULL NAME ANDADDRESS OF THEBENEFICIARY BANK (EXACTBRANCH LOCATION )

X

Currency Guide

April 2019 | 206

KHR – Cambodian Riel

Overview

KHR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Cambodia.


Currency Guidelines




Payment Formatting



FULL NAME

MANDATORY 59



XXXX






Currency Guide

April 2019 | 207

• Available charge options: OUR/SHA/BEN• Central bank of Cambodia: http://www.nbc.org.kh/english/

http://www.nbc.org.kh/english/

Currency Guide

April 2019 | 208




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE


Currency Guide

April 2019 | 209

KMF – Comorian Franc

Overview

KMF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of theComoros.


Currency Guidelines






Payment Formattting



FULL NAME

MANDATORY 59



XXXX


Currency Guide

April 2019 | 210



MANDATORY 70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACTBRANCH LOCATION) OFTHE BENEFICIARY BANK


• Available charge options: OUR/SHA/BEN• Central bank of the Comoros: http://www.banque-comores.km/

http://www.banque-comores.km/

Currency Guide

April 2019 | 211




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X

3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE



X

Currency Guide

April 2019 | 212

KRW – Korean Won

Overview

KRW is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of SouthKorea.

Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing). In some cases, the final beneficiaries will have to contacttheir local branch to release the funds, while in some cases, the beneficiaries might be requiredto sign documents to authorise the release of funds. This emphasises the importance of addingthe beneficiary’s telephone numbers in the payment instructions.

Currency Guidelines





• The beneficiary’s telephone number or e-mail address• The beneficiary’s bank full name• The beneficiary’s bank full address (exact branch location)

In case of tax payments, the beneficiary’s tax ID/ID number is needed by the South Korean FXregulations. This information is mandatory and should be added to the remittance information.

The beneficiary’s tax ID/ID number is recommended for amounts greater than USD 1.000.


Payment Formatting

Currency Guide

April 2019 | 213



FULL NAME

MANDATORY 59



XXXX




MANDATORY

70 <Rmtlnf><Ustrd>


BENEFICIARY TAX ID/IDNUMBER

MANDATORY(FOR TAX PAYMENTS)

FULL NAME AND FULLADDRESS (EXACTBRANCH

LOCATION) OF THEBENEFICIARY BANK

MANDATORY



• The beneficiary, the beneficiary’s address and bank must be located in South Korea. Thebeneficiary’s account has to be KRW denominated and must be opened in South Korea.

• Central bank of South Korea: http://eng.bok.or.kr/eng/engMain.action

http://eng.bok.or.kr/eng/engMain.action

Currency Guide

April 2019 | 214




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE 1: /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE


TELEPHONENUMBER OR E-MAIL ADDRESS OFTHE BENEFICIARY

X

BENEFICIARY TAXID/ID NUMBER FORTAX PAYMENTS

X

THE FULL NAMEAND ADDRESS OFTHE BENEFICIARY

X

Currency Guide

April 2019 | 215

KWD – Kuwaiti Dinar

Overview


Currency Guidelines




Payments in KWD toward Kuwait




Payments in KWD outside Kuwait


Payment Formatting




(PAYMENTS TOWARD KUWAIT)59



(PAYMENTS TOWARD KUWAIT)<Cdtr><PstlAdr><AdrLine>

XXX



Currency Guide

April 2019 | 216




RECOMMENDED



(PAYMENTS TOWARD KUWAIT)


• Available charge options: OUR/SHA/BEN• Central Bank of Kuwait: http://new.cbk.gov.kw/en/

http://new.cbk.gov.kw/en/

Currency Guide

April 2019 | 217




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTS TOWARDKUWAIT: IBAN FORMATMANDATORY

X

59

/34X


LINE1 : /34X

PAYMENTS OUTSIDEKUWAIT: IBAN FORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE

ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSTELEPHONE NUMBER OF

THE BENEFICIARY X

Currency Guide

April 2019 | 218

KYD – Cayman Islands Dollar

Overview


Currency Guidelines



Payments in KYD toward the Cayman Islands


Payments in KYD outside the Cayman Islands


Payment Formatting





Addirional Information


• Monetary authority of Cayman Islands: http://www.cimoney.com.ky/

http://www.cimoney.com.ky/

Currency Guide

April 2019 | 219




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE


Currency Guide

April 2019 | 220

KZT – Kazakhstani Tenge

Overview

The payment processing of this currency is considered to be complex, due to the amount ofinformation that needs to be provided and due to the fact that the beneficiary’s bank mightneed to contact the client to release the funds.

Currency Guidelines





• The beneficiary’s identification code, BIN code for legal entities or IIN code for individuals

• A Single payment classification code (EKNP): the Single Payment Classification Code is madeup of 10 characters and must be labelled EKNP.

• The first two digits are

• 24 if the ordering party is a foreign bank

• 17 if the ordering party is a resident legal entity

• 27 if the ordering party is a non-resident legal entity

• The next 2 digits (third and fourth digits) will be the beneficiary code (KBE code)

• The following 3 characters (fifth, sixth and seventh digits) will be "KZT"

• The last 3 digits will be the payment detail code (KZT payment details code)

See Appendix XIV for details.

Moreover, in case of tax payments, it is mandatory to add the BCC code (6 digits), the budget



Currency Guide

April 2019 | 221

classification code. It is important to note that these payments might require more information.Please contact your Account Manager.

Payment Formatting



IBAN FORMAT

MANDATORY59


FULL NAME

BIN / INN CODE

SINGLE PAYMENTCLASSIFICATION CODE

BUDGET CODE MANDATORY IN CASE OF TAX PAYMENTS






• Available charge options: OUR


According to the Central bank’s Article 19: “The Obligation to Submit Information andDocuments

1. Residents, and non-residents performing activities in the Republic of Kazakhstan, shall berequired to submit reports, information, and documents on their currency operations to thecurrency regulation and control authorities and to currency control agents in fulfilment ofrequirements established by this Law.

2. Residents and non-residents shall be required, when so requested by authorised banks, tostate the purpose of payments and transfers of money in currency operations carried outthrough them, and to submit documents supporting the stated purposes of money transfersand payments in fulfilment of requirements established by this Law.”

• Public services and information online: http://egov.kz/wps/portal/index

• For the BCC codes, please find the list here:http://egov.kz/wps/portal/Content?contentPath=/egovcontent/bus_tax_finance&lang=en

• Central Bank of Kazakhstan: http://www.nationalbank.kz

http://egov.kz/wps/portal/index

http://egov.kz/wps/portal/Content?contentPath=/egovcontent/bus_tax_finance&lang=en

http://www.nationalbank.kz

Currency Guide

April 2019 | 222




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X


LINE1 : /34X



BENEFICIARYIDENTIFICATION

CODE

BIN FOR LEGALENTITIESIIN FOR

INDIVIDUALS

X

4*35X<CDTR><NM>XXX</NM>

LINE 3:LIMITED TO

140CHARACTERS

SINGLEPAYMENT

CLASSIFICATIONCODE (EKNP)

X

10CHARACTERS

THE FIRSTTWO DIGITS

ARE24 IF THE

ORDERINGPARTY IS A

FOREIGN BANK17 IF THE

ORDERINGPARTY IS ARESIDENT

LEGAL ENTITY27 IF THE

ORDERINGPARTY IS A

NON-RESIDENTLEGAL ENTITYTHE NEXT 2DIGITS WILL

BE THEBENEFICIARY

CODETHE

FOLLOWINGTHREE

CHARACTERSWILL BE KZTTHE LAST 3DIGITS WILL

BE THEPAYMENT

DETAIL CODE.

LINE 4:LIMITED TO

140CHARACTERS

ONLY FOR TAXPAYMENTS:

BUDGET CODE X BCC CODE

LINE 5:LIMITED TO

140CHARACTERS


BIC CODE(BRANCHIDENTIFIERINCLUDED, IFPROVIDED)

X


57A 8 OR 11




PAYMENTMESSAGE


X FREE MESSAGE ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUM

LENGTH IS 140CHARACTERS

Currency Guide

April 2019 | 223

L

Currency Guide

April 2019 | 224

LAK – Lao Kip

Overview

LAK is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of LaoPeople’s Democratic Republic.


Currency Guidelines





Payment Formatting



FULL NAME

MANDATORY 59



XXXX





BENEFICIARY BANK

Currency Guide

April 2019 | 225



• Central bank of Lao People’s Democratic Republic: http://www.bol.gov.la/english/index1.php

http://www.bol.gov.la/english/index1.php

Currency Guide

April 2019 | 226




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE

ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSTHE FULL ADDRESS OF THE

ENEFICIARY BANK(EXACTRANCH LOCATION )

X

Currency Guide

April 2019 | 227

LBP – Lebanese Pound

Overview

The payment processing of this currency is considered to be relatively standardised. However,the beneficiaries might be contacted by the beneficiary/correspondent bank to release thefunds.

Currency Guidelines




This currency has to include two decimal places of zero value (e.g. LBP 123.00)

Payment Formatting



IBAN FORMAT MANDATORY 59Cdtr> <PstlAdr> <AdrLine>

XXXX







• BEN can only be used for payments greater than LBP 15 000


Currency Guide

April 2019 | 228

• Central bank of Lebanon: http://www.bdl.gov.lb/

http://www.bdl.gov.lb/

Currency Guide

April 2019 | 229




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE


Currency Guide

April 2019 | 230

LKR – Sri Lankan Rupee

Overview


Currency Guidelines

Besides the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information.For example: providing an invoice number without guiding text is considered as insufficient andcan result in errors or delays.


The beneficiary’s bank code is mandatory and should be added to the remittance information,this code is used to route payments in Sri Lanka, it is a seven digits code where the four firstdigits designates the bank code and the three last digits designates the branch code.

Payment Formatting




RECOMMENDED

70 <Rmtlnf><Ustrd>BANK CODE OF THEBENEFICIARY BANK

MANDATORY



• Central bank of Sri Lanka: http://www.cbsl.gov.lk/

http://www.cbsl.gov.lk/

Currency Guide

April 2019 | 231




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE

ENGLISH

70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSBANK CODE OF THE

BENEFICIARY BANKX 7 DIGITS

Currency Guide

April 2019 | 232

LSL – Lesotho Loti

Overview

LSL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Lesotho.


Currency Guidelines




Payment Formatting



FULL NAME

MANDATORY 59



XXXX






Currency Guide

April 2019 | 233


• Central bank of Lesotho: http://www.centralbank.org.ls/home/default.php

http://www.centralbank.org.ls/home/default.php

Currency Guide

April 2019 | 234




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE


Currency Guide

April 2019 | 235

M

Currency Guide

April 2019 | 236

MAD – Moroccan Dirham

Overview

MAD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Morocco.

Besides this limitation, MAD payment processing is considered to be relatively standardised.

Currency Guidelines


A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. In particular thefollowing elements must be considered:

• the reason of payment must be clear and give a total visibility on the operation (e.g. <woodimport billing>)• it can be completed by technical references related to bills, contracts, ...• it avoid global infirmation such as < settlement invoices >, < prepayment >


Ignoring these rules might lead to payment or cover rejection

It is recommended as well to provide the beneficiary’s telephone number in the remittanceinformation.

The beneficiary bank account need to have 24 digits.

Payment Formatting



FULL ADRESS RECOMMENDED 59<Cdtr><PstlAdr><AdrLine>

XXX


Currency Guide

April 2019 | 237



MANDATORY70 <Rmtlnf><Ustrd>

TELEPHONE NUMBER OF THE BENEFICIARY RECOMMENDED



• Central bank of Morocco: http://www.bkam.ma/

http://www.bkam.ma/

Currency Guide

April 2019 | 238




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE

ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSTELEPHONE


X

Currency Guide

April 2019 | 239

MDL – Moldovan Leu

Overview

MDL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Moldova.


Currency Guidelines

Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory. TheIBAN format is mandatory (see Appendix VI).




Payment Formatting



FULL NAME

MANDATORY 59



XXXX





BENEFICIARY BANK


Currency Guide

April 2019 | 240



• Central bank of Moldova: http://www.pbc.gov.cn/

http://www.pbc.gov.cn/

Currency Guide

April 2019 | 241




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE

ENGLISH 70 4*35X <RMTINF><USTRD>MAXIMUMLENGTH IS 140CHARACTERSTHE FULL ADDRESS OF THE

BENEFICIARY BANK(EXACTBRANCH LOCATION )

X

Currency Guide

April 2019 | 242

MGA – Malagasy Ariary

Overview

MGA is considered to be a complex restricted currency, which implies an inherent limitation tothe tradability of this currency. Fund transfers in this currency are not allowed outside ofMadagascar.


Currency Guidelines






Payment Formatting



IBAN FORMAT

MANDATORY 59



XXXX


XXXX



Currency Guide

April 2019 | 243




BENEFICIARY BANK



• Central bank of Madagascar: http://www.banque-centrale.mg/index.php?id

http://www.banque-centrale.mg/index.php?id

Currency Guide

April 2019 | 244




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE



X

Currency Guide

April 2019 | 245

MKD – Macedonian Denar

Overview

MKD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside ofMacedonia.


Currency Guidelines

Besides the standard information, it is important to note that the IBAN format is alwaysrecommended (see Appendix VI).





Payment Formatting




59


FULL NAME

MANDATORY



XXXX



Currency Guide

April 2019 | 246




BENEFICIARY BANK



• Central bank of Macedonia: http://www.nbrm.mk/default-en.asp

http://www.nbrm.mk/default-en.asp

Currency Guide

April 2019 | 247


FIELD INFORMATION MANDATORY RECOMMENDED DESCRIPTION REQUIREMENTSWIFT

REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3

LIMITATIONS


ACCOUNTNUMBER


X

59

/34X



LINE1 : /34X

FULLNAME


LIMITED TO 35CHARACTETETTE

FULLADDRESS

X 3*35X


LINE 3:POSITION 1 TO35 OF THE FIRSTOCCURRENCEOF THE XMLADDRESS LINETAGS LINE 4:POSITION 36 TO70 OF THE FIRSTOCCURRENCEOF THE XMLADDRESS LINETAGS LINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS

INFORAMTION OF THE BENEFICIARY BANK


X


57A 8 OR 11


LIMITED TO 11CHARACTERS


PAYMENTMESSAGE


X

FREEMESSAGE



X

Currency Guide

April 2019 | 248

MNT – Mongolian Tugrik

Overview

MNT is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Mongolia.


Currency Guidelines





Payment Formatting



FULL NAME

MANDATORY 59



XXXX





BENEFICIARY BANK

Currency Guide

April 2019 | 249



• Central bank of Mongolia: http://www.mongolbank.mn/eng/

http://www.mongolbank.mn/eng/

Currency Guide

April 2019 | 250




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE



X

Currency Guide

April 2019 | 251

MOP – Macanese Pataca

Overview


Currency Guidelines





Payment Formatting




XXX





THE BENEFICIARY



Currency Guide

April 2019 | 252

• Monetary authority of Macao: http://www.amcm.gov.mo/eIndex.htm

http://www.amcm.gov.mo/eIndex.htm

Currency Guide

April 2019 | 253




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE


THE BENEFICIARY X

Currency Guide

April 2019 | 254

MRU – Mauritanian Ouguiya

Overview

Effective 1st January 2018, MRO changed to MRU with 10 MRO = 1 MRU. Note that theouguiya (MRU) will run simultaneously with old currency code MRO until 30 June 2018.

MRU is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside ofMauritania.


Currency Guidelines






Payment Formatting



IBAN FORMAT

MANDATORY 59



XXXX


XXXX


Currency Guide

April 2019 | 255





BENEFICIARY BANK



• Central bank of Mauritania: http://www.bcm.mr/Pages/accueil.aspx

http://www.bcm.mr/Pages/accueil.aspx

Currency Guide

April 2019 | 256




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE



X

Currency Guide

April 2019 | 257

MUR – Mauritian Rupee

Overview

The payments domain of this currency is considered to be relatively standardised.

Currency Guidelines



Payments in MUR toward Mauritius




Payments in MUR outside Mauritius



Payment Formatting




(PAYMENTS TOWARD MAURITIUS)59



(PAYMENTS TOWARD MAURITIUS)<Cdtr><PstlAdr><AdrLine>

XXX



Currency Guide

April 2019 | 258




RECOMMENDED



(PAYMENTS TOWARD MAURITIUS)



• Central bank of Mauritius: https://www.bom.mu/

https://www.bom.mu/

Currency Guide

April 2019 | 259




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTS TOWARDMAURITIUS: IBAN FORMATMANDATORY

X

59

/34X


LINE1 : /34X

PAYMENTS OUTSIDEMAURITIUS: IBAN FORMAT(IF APPLICABLE)





FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE


THE BENEFICIARY X

Currency Guide

April 2019 | 260

MVR – Maldivian Rufiyaa

Overview

MVR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Maldives.


Currency Guidelines





Payment Formatting



FULL NAME

MANDATORY 59



XXXX





BENEFICIARY BANK

Currency Guide

April 2019 | 261



• Monetary authority of Maldives: http://www.mma.gov.mv/

http://www.mma.gov.mv/

Currency Guide

April 2019 | 262




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

Currency Guide

April 2019 | 263

MWK – Malawian Kwacha

Overview


Currency Guidelines



Payments in MWK toward Malawi


Payments in MWK outside Malawi


Payment Formatting







• Central bank of Malawi: https://www.rbm.mw/

https://www.rbm.mw/

Currency Guide

April 2019 | 264




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 265

MXN – Mexican Peso

Overview


Currency Guidelines



Payments in MXN toward and outside Mexico

Besides the standard information, it is important to note that the domestic account numberformat is the CLABE format (Clave bancaria estandarizada).

The CLABE is a unique number assigned to a bank account, this account structure is made up ofa series of eighteen numbers, where the first three digits identify the bank code, the next threedigits the branch code, followed by the eleven digits of the account number and the last digit isa digit obtained by applying an algorithm that verifies whether data contained in the CLABE iscorrect.

The CLABE can be obtained from the account holder's banking institution.

Payment Formatting



CLABE(MEXICAN STANDARD

ACCOUNT STRUCTURE)

MANDATORY(PAYMENTS TOWARD MEXICO)

59<CdtrAcct> <Id> <Othr> <Id>

XXXXXXXXX





Currency Guide

April 2019 | 266



• Central bank of Mexico: http://www.banxico.org.mx/

http://www.banxico.org.mx/

Currency Guide

April 2019 | 267




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARD MEXICO:DOMESTICACCOUNTNUMBER

X

CLABEFORMAT

18 DIGITS

59

/34X


LINE1 : /34X

PAYMENTSOUTSIDE MEXICO:IBAN FORMAT (IFAPPLICABLE)

CLABEFORMAT

18 DIGITS





FULLADDRESS

X 3*35X





X

BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3DIGITS)

57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 268

MYR – Malaysian Ringgit

Overview

MYR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Malaysia.

This currency is considered to be complex, it is possible that documentation is requested fromthe originator of the transaction (e.g. an underlying invoice).

Currency Guidelines




Payment Formatting



FULL NAME

MANDATORY 59



XXXX





BENEFICIARY BANK


Currency Guide

April 2019 | 269


• Central bank of Malaysia: http://www.bnm.gov.my/

http://www.bnm.gov.my/

Currency Guide

April 2019 | 270




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X


CDTRACCT><ID><IBAN>XXX</IBAN></ID></CDTRACCT>

LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 271

MZN – Mozambican Metical

Overview


Currency Guidelines

Besides the standard information, even though the IBAN format is always recommended (seeAppendix VI), it is important to note that the domestic account number format (NIB - Numero deIdentificacao Bancario - twenty-one digits) can be used.






Payment Formatting




59


FULL NAME

MANDATORY



XXXX



Currency Guide

April 2019 | 272




BENEFICIARY BANK



• Central bank of Mozambique: http://www.bancomoc.mz/Default_en.aspx

http://www.bancomoc.mz/Default_en.aspx

Currency Guide

April 2019 | 273




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X X

FREEMESSAGE



THE FULL ADDRESSOF THEBENEFICIARYBANK(EXACTBRANCH LOCATION)

Currency Guide

April 2019 | 274

N

Currency Guide

April 2019 | 275

NAD – Namibian Dollar

Overview

NAD is considered to be a tertiary currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Namibia.


Currency Guidelines






Payment Formatting



FULL NAME

MANDATORY 59



XXXX





BENEFICIARY BANK

Currency Guide

April 2019 | 276



• Central bank of Namibia: https://www.bon.com.na/

https://www.bon.com.na/

Currency Guide

April 2019 | 277




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

Currency Guide

April 2019 | 278

NGN – Nigerian Naira

Overview


Currency Guidelines

Besides the standard information, the domestic account number is the NUBAN format (NigerianUniform Bank Account number – ten digits) and it is mandatory.



Payment Formatting




(NUBAN FORMAT)MANDATORY 59

<CdtrAcct> <Id> <Othr> <Id>XXXX







• Central bank of Nigeria: http://www.cenbank.org/

http://www.cenbank.org/

Currency Guide

April 2019 | 279




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

DOMESTIC ACCOUNT NUMBER

X

59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 280

NIO – Nicaraguan Cordoba

Overview

NIO is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside ofNicaragua.


Currency Guidelines




Payment Formatting



FULL NAME

MANDATORY 59



XXXX






Currency Guide

April 2019 | 281


• Central bank of Nicaragua: http://www.bcn.gob.ni/

http://www.bcn.gob.ni/

Currency Guide

April 2019 | 282




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 283

NOK – Norwegian Krone

Overview


Currency Guidelines



Payments in NOK toward Norway


Payments in NOK outside Norway


Payment Formatting




(PAYMENTS TOWARD NORWAY)59








Currency Guide

April 2019 | 284



• Central bank of Norway: http://www.norges-bank.no/en/

http://www.norges-bank.no/en/

Currency Guide

April 2019 | 285




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARD NORWAY:IBAN FORMATMANDATORY

X

59

/34X


LINE1 : /34X

PAYMENTSOUTSIDE NORWAY:IBAN FORMAT (IFAPPLICABLE





FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 286

NPR – Nepalese Rupee

Overview

NPR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Nepal.


Currency Guidelines





It is important to note that payments to Nepalese nationals can be done only in NPR.

Payment Formatting



FULL NAME

MANDATORY 59



XXXX



Currency Guide

April 2019 | 287




BENEFICIARY BANK



• Central bank of Nepal: http://www.nrb.org.np/

http://www.nrb.org.np/

Currency Guide

April 2019 | 288




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

Currency Guide

April 2019 | 289

NZD – New Zealand Dollar

Overview


Currency Guidelines



All AUD (FCY) funds transfer payments to a beneficiary bank in New Zealand must contain theremitter’s account number, full name and address (including the country) in the ordering partyinformation field.

Payments in NZD toward New Zealand

Beside the standard information, it is important to note that the IBAN format is not in use inNew Zealand.

The BSB code is mandatory in order to enable the correct routing of the payment in thedomestic clearing.

A BSB code (Bank State Branch) allows to identify a bank. It is a six digits code which identifythe financial institution (two first digits), the State (third digit) and the branch code (last threedigits).

Example of BSB code: 123113

In certain cases, the BSB code could be included within the domestic account number. Pleaseask your beneficiary to indicate separately the BSB code and the domestic account number.

Payments in NZD outside New Zealand


Currency Guide

April 2019 | 290

Payment Formatting



CC CODE&

BIC CODE

MANDATORY(PAYMENTS TOWARD NEW ZEALAND)

57A









• Central bank of New Zealand: http://www.rbnz.govt.nz/

http://www.rbnz.govt.nz/

Currency Guide

April 2019 | 291




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNT NUMBER

PAYMENTSTOWARD NEWZEALAND:DOMESTICACCOUNTNUMBER

X

59

/34X


LINE1 : /34X

PAYMENTSOUTSIDE NEWZEALAND: IBANFORMAT (IFAPPLICABLE)




LINE 2:LIMITED TO

35CHARACTERS

FULL ADDRESS X 3*35X




BIC CODE(BRANCH IDENTIFIERINCLUDED, IFPROVIDED)

PAYMENTSTOWARD NEWZEALAND: BSBCODE&BIC CODE (BRANCHIDENTIFIERINCLUDED, IFPROVIDED)

X

BIC CODE: 8DIGITS(BRANCHIDENTIFIER:3DIGITS)

//NZ+ 6DIGITSBIC CODE: 8OR 11 DIGIT

57A 8 OR 11


LIMITED TO11

CHARACTERS


PAYMENT MESSAGE



XFREE


MAXIMUMLENGTH IS

140CHARACTERS

Currency Guide

April 2019 | 292

O

Currency Guide

April 2019 | 293

OMR – Omani Rial

Overview


Currency Guidelines




Payments in OMR toward Oman



Payments in OMR outside Oman


Payment Formatting




(PAYMENTS TOWARD OMAN)59

<Cdtr><PstlAdr><AdrLine>XXX


Currency Guide

April 2019 | 294


REASON / PURPOSE OFPAYMENT RECOMMENDED

(PAYMENTS TOWARD OMAN)70 <Rmtlnf><Ustrd>




• Central bank of Oman: http://www.cbo-oman.org/

http://www.cbo-oman.org/

Currency Guide

April 2019 | 295




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE


MAXIMUMLENGTH IS140CHARACTERSTELEPHONE NUMBER OF THE

BENEFICIARYX

Currency Guide

April 2019 | 296

P

Currency Guide

April 2019 | 297

PEN – Peruvian Sol

Overview

PEN is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Peru.


Currency Guidelines

Besides the standard information, the beneficiary’s physical full address is mandatory.



Additionally, the beneficiary’s tax ID is mandatory in the remittance information:

• When the beneficiary is an individual with a Peruvian DNI TAX ID (Documento Nacional DeIndentidad – 8 digits), the details should be provided for example as follows: DNI 12345678

• When the beneficiary is a company with a Peruvian RUC TAX ID (Registro Unico deContribuyente – 11 digits), the details should be provided for example as follows: RUC12345678901

• When the beneficiary is a non Peruvian tax resident or company (without DNI or RUC), thebeneficiary’s Tax ID from the country where they are registered for tax should be providedfor example as follows: TAX ID 123456789012345.

Moreover, it is recommended to add the beneficiary’s telephone number.

Payment Formatting


Currency Guide

April 2019 | 298



XXX




RECOMMENDED

70 <Rmtlnf><Ustrd>BENEFICIARY TAX ID MANDATORY


RECOMMENDED



• Central bank of Peru: http://www.bcrp.gob.pe/home.html

http://www.bcrp.gob.pe/home.html

Currency Guide

April 2019 | 299




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREE MESSAGE




X

BENEFICIARY TAX ID X

INDIVIDUAL'SDNI TAX ID(DOCUMENTONACIONAL DEINDENTIDAD) OR COMPANY'S RUCTAX ID(REGISTROUNICO DECONTRIBUYENTE) OR NON PERUVIANTAX RESIDENTOR COMPANY'STAX ID FROMTHE COUNTRYWHERE THEYARE REGISTEREDFOR TAX

Currency Guide

April 2019 | 300

PGK – Papua New Guinea Kina

Overview


Currency Guidelines



Payments in PGK toward Papua New Guinea


Payments in PGK outside Papua New Guinea


Payment Formatting







Currency Guide

April 2019 | 301

• Central bank of Papua New Guinea: http://www.bankpng.gov.pg/

http://www.bankpng.gov.pg/

Currency Guide

April 2019 | 302




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 303

PHP – Philippine Peso

Overview

PHP is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside ofPhilippines.


Currency Guidelines




It is recommended to provide the beneficiary’s telephone number in the remittanceinformation.

Payment Formatting



FULL NAME

MANDATORY 59



XXXX





THE BENEFICIARY

Currency Guide

April 2019 | 304



• Central Bank of Philippines: http://www.bsp.gov.ph/

http://www.bsp.gov.ph/

Currency Guide

April 2019 | 305




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




XTHE FULL NAMEAND ADDRESS OFTHE BENEFICIARYBANK (EXACTBRANCHLOCATION)

X

Currency Guide

April 2019 | 306

PKR – Pakistani Rupee

Overview

PKR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Pakistan.

The payment processing of this currency is considered to be complex, due to the large amountof information that needs to be provided in the payment instructions.

Besides the inherent complexity of payment formatting, the beneficiaries might be contacted bythe beneficiary/correspondent bank and requested to complete a document (e.g. Form R) torelease the funds.

Currency Guidelines





• The beneficiary’s account name in the beneficiary information field

• The beneficiary’s complete address in the beneficiary information / address field

• The beneficiary’s bank full name in the sender to receiver field

• The beneficiary’s bank full address (exact branch location) in the sender to receiver field

• The beneficiary’s telephone number. The beneficiary's phone number must be pre-fixedwith 'Phone #'

Example: Phone # +922111111111.

• The beneficiary's identification number in the remittance information field, based on thebelow table:


Currency Guide

April 2019 | 307

Beneficiary typeRequired Information in the Remittance information field

(field 70 line 2)Example

INDIVIDUALCNIC or SNIC (Computerized National Identity Card/

Smart National Identity Card Number)'CNIC 1111145561111' or 'SNIC

1111145561111'

CORPORATE NTN (National Tax Number) 'NTN 0003456-2'

Payment Formatting




59


BENEFICIARY FULL ADRESS MANDATORY<Cdtr> <PstlAdr> <AdrLine>

XXXX




RECOMMENDED

70 <Rmtlnf><Ustrd>

FULL NAME AND FULLADDRESS (EXACT BRANCK

LOCATION) OF THEBENEFICIARY BANK

MANDATORY


MANDATORY



• It is important to note that the beneficiary needs to complete an Inward remittance formindicating the purpose of remittance. This form can be found on the State Bank of Pakistan(central bank of Pakistan) website. For this reason, the beneficiary’s number phone is important.

• Additional documentation may be required in order to comply with the country’s exchangecontrol.

• Central bank of Pakistan: http://www.sbp.org.pk/

http://www.sbp.org.pk/

Currency Guide

April 2019 | 308




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE

THEBENEFICIARY'S

PHONENUMBER

MUST BE PRE-FIXED WITH'PHONE #' -

FOR EXAMPLE:PHONE #

+922111111111




X ENGLISH


X

Currency Guide

April 2019 | 309

PLN – Polish Zloty

Overview


Currency Guidelines



Payments in PLN toward Poland


Payments in PLN outside Poland



Payment Formatting




(PAYMENTS TOWARD POLAND)59








Currency Guide

April 2019 | 310



In principle, for payments subject to the Payment Services Directive (PSD) and without currencyconversion, only shared charges are allowed.

• Central bank of Poland: http://www.nbp.pl/homen.aspx?f=/srodeken.htm

http://www.nbp.pl/homen.aspx?f=/srodeken.htm

Currency Guide

April 2019 | 311




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTS TOWARDPOLAND: IBAN FORMATMANDATORY

X

59

/34X


LINE1 : /34X

PAYMENTS OUTSIDEPOLAND: IBAN FORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 312

PYG – Paraguayan Guarani

Overview

PYG is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Paraguay.

Besides this limitation, this currency is considered to be complex (multiple information to beprovided and complex processing). The beneficiaries might be contacted by thebeneficiary/correspondent bank to release the funds.

Currency Guidelines




Moreover, the beneficiary tax/ national ID number of the beneficiary’s bank is mandatory and tobe provided in the remittance information.


Payment Formatting



FULL NAME

MANDATORY 59



XXXX


Currency Guide

April 2019 | 313




BENEFICIARY BANK



• It is important to note that the beneficiary’s account must be PYG denominated. Thebeneficiary may be contacted for proper identification.

• Central bank of Paraguay: https://www.bcp.gov.py/

http://https://www.bcp.gov.py/

Currency Guide

April 2019 | 314




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X

FULLNAME



TAX ID/NATIONALIDNUMBER

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE



THE FULLADDRESS OFTHEBENEFICIARYBANK (EXACTBRANCHLOCATION )

X

Currency Guide

April 2019 | 315

Q

Currency Guide

April 2019 | 316

QAR – Qatari Riyal

Overview


Note for domestic QAR payments , the payment purpose code (see Appendix XIII)is mandatory and has to be added to the reason of payment. The purpose of payment codeconsists of a 4 character code that must be specified in Field 70.

Currency Guidelines



Payments in QAR toward Qatar



Payments in QAR outside Qatar


Payment Formatting



IBAN FORMAT )MANDATORY

(PAYMENTS TOWARD QATAR) 59


FULL NAMEName <Cdtr><Nm>

XXXX


(PAYMENTS TOWARD QATAR)<Cdtr><PstlAdr><AdrLine>

XXXX




Currency Guide

April 2019 | 317




RECOMMENDED



(PAYMENTS TOWARD QATAR)



• Central bank of Qatar: http://www.qcb.gov.qa

http://www.qcb.gov.qa/english/pages/default.aspx

Currency Guide

April 2019 | 318




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTS TOWARD QATAR:IBAN FORMAT MANDATORY

X

59

/34X


LINE1 : /34X

PAYMENTS OUTSIDE QATAR:IBAN FORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE


MAXIMUMLENGTH IS140CHARACTERSTELEPHONE NUMBER OF

THE BENEFICIARY X

Currency Guide

April 2019 | 319

R

Currency Guide

April 2019 | 320

RON – Romanian Leu

Overview


Currency Guidelines



Payments in RON toward Romania


In case of tax payments, additional information is needed, as the beneficiary’s fiscal code. Taxpayments might require other informations. Please contact your Account Manager.

Payments in RON outside Romania



Payment Formatting




(PAYMENTS TOWARD ROMANIA)59





Currency Guide

April 2019 | 321



RECOMMENDED

70 <Rmtlnf><Ustrd>

BENEFICIARY FISCAL CODEMANDATORY

(IN CASE OF TAX PAYMENTS)



In principle, for payments subject to the Payment Services Directive (PSD) and without currencyconversion, only shared charges are allowed.

• Central bank of Romania: http://www.bnro.ro/National-Bank-of-Romania-1144.aspx

http://www.bnro.ro/National-Bank-of-Romania-1144.aspx

Currency Guide

April 2019 | 322




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTS TOWARDROMANIA: IBAN FORMATMANDATORY

X

59

/34X


LINE1 : /34X

PAYMENTS OUTSIDEROMANIA: IBAN FORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE

ENGLISH


MAXIMUMLENGTH IS140CHARACTERSIN CASE OF TAX PAYMENTS

TOWARD ROMANIA X

BENEFICIARYFISCALTAXCODE

Currency Guide

April 2019 | 323

RSD – Serbian Dinar

Overview


Currency Guidelines

Beside the standard information, the IBAN format is mandatory (see Appendix VI).



Additionally, a purpose of payment code (see Appendix IX) is required by the local authorities.

Payment Formatting



IBAN FORMAT MANDATORY 59<CdtrAcct> <Id> <IBAN>

XXXX




RECOMMENDED


PAYMENT CODEMANDATORY



• The purpose of payment code is mandatory and required by the central bank for all payments



Currency Guide

April 2019 | 324

toward Serbia (regardless of the currency).

• Central bank of Serbia: http://www.nbs.rs/internet/english/

http://www.nbs.rs/internet/english/

Currency Guide

April 2019 | 325




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE


MAXIMUMLENGTH IS140CHARACTERSPURPOSE OF PAYMENT CODE X

Currency Guide

April 2019 | 326

RUB – Russian Ruble

Overview

The payment processing of this currency is considered to be complex, mainly due to the variouselements of information that need to be added.

Currency Guidelines

Russian authorities use a dedicated five digit purpose of payment code to describe the reason ofpayment. This code is known as a VO code (see Appendix II), it is mandatory and has to beadded to the reason of payment.


Example of a “VO Code” and “reason of payment”: VO20100 RENT MID-AUGUST / MID-SEPTEMBER 2014

Moreover, it is strongly recommended to indicate the amount of VAT if any, or add the mention“without VAT” into the remittance information.

Payments in RUB toward Russia

Beside the standard information, the domestic account number (twenty-digit account number),full name (written out in full, without abbreviations or acronyms), full address and tax ID (INNor KIO code) of the beneficiary are mandatory.

The Russian Tax ID is the INN code (a unique taxpayer code). If the beneficiary is a Russianresident or non-resident who pays taxes in Russia, then they have an INN code; otherwise theyhave a KIO code (tax ID for foreign legal entities in Russia). The tax ID can be:

INN + 12 digits for an individual paying taxes in RussiaINN + 10 digits for a legal entity paying taxes in RussiaKIO + 5 digits for foreign entities not paying taxes in RussiaINN 0 (in case beneficiary doesn’t have Tax ID or to specify “No Tax ID”).

Example of INN code: INN123456789012

In case of tax payments, the KPP code (nine-digit code) must be added beside to the INN or KIO


Currency Guide

April 2019 | 327

code. The KPP describes a tax payment reason.

Example of INN code & KPP code: INN123456789012, KPP 123456789

The KPP code is always needed for tax payments however these payments can require moreinformation. Please contact your Account Manager.

The BIK code (Russian bank identifier sort code - nine digits code) and the beneficiary bank’scorrespondent account number with the Central Bank of Russia (twenty digits) are mandatoryand should be added to the remittance information.

Example of BIK Code (the first nine digits) and the beneficiary bank’s correspondent accountnumber with the Central Bank of Russia (the last twenty digits after the BIK code):044525716.30101810100000000716.

Payments in RUB outside Russia

Beside the standard information, the full name (written out in full, without abbreviations oracronyms), full address and tax ID of the beneficiary are mandatory.

The beneficiary bank’s correspondent account number with the Central Bank of Russia isrecommended.

Payment Formatting



DOMESTIC ACCOUNT NUMBER(RUSSIAN FORMAT)

MANDATORY(PAYMENTS TOWARD RUSSIA)

59

<CdtrAcct> <Id> <Othr> <Id>XXX

FULL NAME

MANDATORYFULL ADRESSName <Cdtr> <Nm>

XXXX

BENEFICIARY TAX ID

<Cdtr> <PstlAdr> <AdrLine>XXXXKPP CODE

MANDATORY(IN CASE OF TAX PAYMENTS

TOWARD RUSSIA)



PURPOSE OF PAYMENT CODE(VO CODE)

MANDATORY

70 <Rmtlnf><Ustrd>


BIK CODE

MANDATORY(PAYMENTS TOWARD RUSSIA)

BENEFICIARY BANKCORRESPONDENT NUMBER

WITH THE RUSSIANCENTRAL BANK

VAT AMOUNT RECOMMENDED



Currency Guide

April 2019 | 328

• Central bank of Russia: http://www.cbr.ru/eng/

• Federal Tax Service of the Russian Federation: http://eng.nalog.ru/

http://www.cbr.ru/eng/

http://eng.nalog.ru/

Currency Guide

April 2019 | 329



REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3

LIMITATIONS

OPTION 1: INFORMATION OF THE BENEFICIARY

ACCOUNTNUMBER

PAYMENTS TOWARDRUSSIA: DOMESTICACCOUNT NUMBER

X

20 DIGITS

59F

/34X


LINE1 : /34X

PAYMENTS OUTSIDERUSSIA:IBANFORMAT (IFAPPLICABLE)



FULL NAME FULL LEGAL NAME X 1/ 1*33XNAME<CDTR><NM>XXX</NM>


FULLADDRESS

STREET + NUMBER +POSTAL CODE + CITY

X 2/

3*33X



OTHERINFORMATION


RUSSIAN OROTHER TAX ID(SIREN, VTA, …)IF RUSSIAN TAXID: INN CODEOR KIO CODE

IF RUSSIANTAX ID:INN + 0INN + 12DIGITSINN + 10DIGITSKIO + 5DIGITS

2/

IN CASE OF TAXPAYMENTSTOWARDRUSSIA: + KPPCODE

IF RUSSIANTAX ID:INN + 0INN + 12DIGITSINN + 10DIGITSKIO + 5DIGITS + KPP(9 DIGITS)

COUNTRY NAME +TOWN NAME

X 3/

OPTION 2: INFORMATION OF THE BENEFICIARY (XML EQUAL TO OPTION 1)

ACCOUNTNUMBER

PAYMENTS TOWARDRUSSIA: DOMESTICACCOUNT NUMBER

X

20 DIGITS

59

/34X


LINE1 : /34X

PAYMENTS OUTSIDERUSSIA:IBANFORMAT (IFAPPLICABLE)



FULL NAME FULL LEGAL NAME X 1*35XNAME<CDTR><NM>XXX</NM>


FULLADDRESS

X

3*35X



OTHERINFORMATION


RUSSIAN OROTHER TAX ID(SIREN, VTA, …)IF RUSSIAN TAXID: INN CODEOR KIO CODE

IFRUSSIANTAXID:INN + 0INN + 12DIGITSINN + 10DIGITSKIO + 5DIGITS

IN CASE OF TAXPAYMENTS TOWARDRUSSIA

X KPP CODE 9 DIGITS


Currency Guide

April 2019 | 330


REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3

LIMITATIONS


X

BIC CODE: 8DIGITS(BRANCHIDENTIFIER: 3DIGITS)

57A 8 OR 11




PAYMENTMESSAGE


X VO CODEVO + 5DIGITS



X FREE MESSAGE ENGLISH

PAYMENTS TOWARDRUSSIA: BIK CODE

X RUSSIAN BANKIDENTIFICATIONCODE

RU+9DIGITS

PAYMENTS TOWARDRUSSIA:BENEFICIARY BANK’SCORRESPONENTACCOUNT NUMBERWITH THERUSSIANCENTRALBANK

X 20 DIGITS

VAT AMOUNT IFANY: MENTION THEVATAMOUNTOTHERWISEMENTION: “WITHOUTVAT”

X FREE MESSAGE ENGLISH

Currency Guide

April 2019 | 331

RWF – Rwandan Franc

Overview


Currency Guidelines






Moreover, it is recommended to add:



Payment Formatting




XXX


Currency Guide

April 2019 | 332



MANDATORY

70 <Rmtlnf><Ustrd>FULL ADDRESS (EXACT



RECOMMENDED



• Central bank of Rwanda: https://www.bnr.rw/

https://www.bnr.rw/

Currency Guide

April 2019 | 333




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE

ENGLISH

70

4*35X

<RMTINF><USTRD>



X


X

Currency Guide

April 2019 | 334

S

Currency Guide

April 2019 | 335

SAR – Saudi Arabian Riyal

Overview


Note for all domestic SAR payments and international payments (in foreign currency) issuedfrom Saudi Arabia, the purpose of payment code (see Appendix XII) is mandatory and has to beadded to the reason of payment. The purpose of payment code consists of a 4 character codethat must be specified in Field 70.

Currency Guidelines



Payments in SAR toward Saudi Arabia


Payments in SAR outside Saudi Arabia


Payment Formatting




(PAYMENTS TOWARD SAUDIARABIA)


XXXX





Currency Guide

April 2019 | 336






• Central bank of Saudi Arabia: http://www.sama.gov.sa/sites/samaen/Pages/Home.aspx

http://www.sama.gov.sa/sites/samaen/Pages/Home.aspx

Currency Guide

April 2019 | 337




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARDSAUDIARABIA:IBAN FORMATMANDATORY

X

59

/34X


LINE1 : /34XPAYMENTSOUTSIDE SAUDIARABIA: IBANFORMAT (IFAPPLICABLE)




LINE 2:LIMITED TO

35CHARACTERS



X


57A 8 OR 11


LIMITED TO11

CHARACTERS


PAYMENTMESSAGE


X 4

CHARACTERS





X FREEMESSAGE

ENGLISH

Currency Guide

April 2019 | 338

SBD – Solomon Islands Dollar

Overview


Currency Guidelines




Payment Formatting







• Central bank of Solomon Islands: http://www.cbsi.com.sb/

http://www.cbsi.com.sb/

Currency Guide

April 2019 | 339




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 340

SCR – Seychellois Rupee

Overview

SCR is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside ofSeychelles.


Currency Guidelines





Payment Formatting



FULL NAME

MANDATORY 59



XXXX





BENEFICIARY BANK

Currency Guide

April 2019 | 341



• Central bank of Seychelles: http://www.cbs.sc/

http://www.cbs.sc/

Currency Guide

April 2019 | 342




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

Currency Guide

April 2019 | 343

SEK – Swedish Krona

Overview


Currency Guidelines



Payments in SEK toward Sweden


Payments in SEK outside Sweden


Payment Formatting




(PAYMENTS TOWARD SWEDEN)59








Currency Guide

April 2019 | 344



• Central bank of Sweden: http://www.riksbank.se/en/

http://www.riksbank.se/en/

Currency Guide

April 2019 | 345




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 346

SGD – Singapore Dollar

Overview


Currency Guidelines

Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) of the beneficiary is recommended.



Payments in SGD toward Singapore

Besides the standard information, it is important to note that the IBAN format is not in use inSingapore.

Payments in SGD outside Singapore


Payment Formatting



FULL NAME RECOMMENDED 59Name <Cdtr> <Nm>

XXXX





Currency Guide

April 2019 | 347



• Central Bank of Singapore: http://www.mas.gov.sg/

http://www.mas.gov.sg/

Currency Guide

April 2019 | 348




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTSTOWARDSINGAPORE:DOMESTICACCOUNT NUMBER

X

59

/34X


LINE1 : /34X

PAYMENTSOUTSIDESINGAPORE: IBANFORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 349

SLL – Sierra Leonean Leone

Overview

SLL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of SierraLeone.


Currency Guidelines





Payment Formatting



FULL NAME

MANDATORY 59


FULL ADDRESS<Cdtr> <PstlAdr> <AdrLine>

XXXX


Currency Guide

April 2019 | 350




BENEFICIARY BANK



• Central bank of Sierra Leone: http://www.bsl.gov.sl/

http://www.bsl.gov.sl/

Currency Guide

April 2019 | 351




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

Currency Guide

April 2019 | 352

SRD – Surinamese Dollar

Overview

SRD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Suriname.


Currency Guidelines




Payment Formatting



FULL NAME

MANDATORY 59



XXXX






Currency Guide

April 2019 | 353


• Central bank of Suriname: http://www.cbvs.sr/

http://www.cbvs.sr/

Currency Guide

April 2019 | 354




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 355

STN – São Tomé And Príncipe Dobra

Overview

Effective 1st January 2018, STD currency changed to STN with 1000 STD = 1 STN. Note thatthe Dobra (STN) will run simultaneously with old currency code Dobra (STD) until 30 June2018.

STN is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of São Toméand Príncipe.





Currency Guidelines




Payment Formatting



FULL NAME

MANDATORY 59



XXXX

Currency Guide

April 2019 | 356







• Central bank of Sao Tome and Principe: http://www.bcstp.st/

http://http://www.bcstp.st/

Currency Guide

April 2019 | 357




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 358

SZL – Swazi Lilangeni

Overview

SZL is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency cannot be sent outside of Swaziland.


Currency Guidelines

Besides the standard information, the full name (written out in full, without initials,abbreviations or acronyms) and the physical full address of the beneficiary are mandatory.Please note the beneficiary address on the payment instruction has to contain a real physicaladdress and must not have PO boxes. Payments containing a PO box address in the beneficiaryaddress field will be rejected.



Payment Formatting



FULL NAME

MANDATORY) 59



XXXX





Currency Guide

April 2019 | 359



• Central bank of Swaziland: http://www.centralbank.org.sz/

http://www.centralbank.org.sz/

Currency Guide

April 2019 | 360




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 361

T

Currency Guide

April 2019 | 362

THB – Thai Baht

Overview

The payment processing of this currency is considered to be relatively standardised. However,in order to comply with the country’s exchange control regulations, the beneficiary’s bank (forpayments toward Thailand) should contact the beneficiary in order to obtain justificationdocuments (e.g. invoices).

Currency Guidelines

A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example:provdiing an invoice number without guiding text is considered as insufficient and can result inerrors or delays.


Payments in THB toward Thailand


Please note that a purpose of payment code (see Appendix V) is recommended and has to beadded to the reason of payment.


Payments in THB outside Thailand


Payment Formatting




(PAYMENTS TOWARDTHAILAND)

59<Cdtr> <PstlAdr> <AdrLine>

XXXX


Currency Guide

April 2019 | 363




MANDATORY


PAYMENT CODE


THAILAND)



THAILAND)


• Available charge options: OUR (fees depend on beneficiary) /SHA/BEN

• Central bank of Thailand: https://www.bot.or.th/

https://www.bot.or.th/

Currency Guide

April 2019 | 364




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

ELEPHONENUMBER OF THEBENEFICIARY

X

Currency Guide

April 2019 | 365

TND – Tunisian Dinar

Overview

TND is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Tunisia.

Currency Guidelines

Besides the standard information, the IBAN format is mandatory (see Appendix VI). Thebeneficiary’s physical full address is recommended.

A clear reason / purpose of payment is mandatory and consists of a full written description (inEnglish) of the nature of payment to be provided in the remittance information. For example,providing and invoice number without guiding text is considered as insufficient and can result inerrors or delays. .


It is recommended as well to provide the beneficiary’s telephone number in the remittanceinformation.This currency accepts three decimal places.

Payment Formatting




59



XXX




MANDATORY




Currency Guide

April 2019 | 366



• Central Bank of Tunisia: http://www.bct.gov.tn/bct/siteprod/index.jsp

http://www.bct.gov.tn/bct/siteprod/index.jsp

Currency Guide

April 2019 | 367




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

BAN FORMATMANDATORY

X

59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

Currency Guide

April 2019 | 368

TOP – Tongan Pa’anga

Overview


Currency Guidelines




Payment Formatting







• Central bank of Tonga: http://www.reservebank.to/

http://www.reservebank.to/

Currency Guide

April 2019 | 369




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 370

TRY – Turkish Lira

Overview


Currency Guidelines



Payments in TRY toward Turkey


Payments in TRY outside Turkey


Payment Formatting




(PAYMENTS TOWARD TURKEY)59






Currency Guide

April 2019 | 371



• Central Bank of Turkey: http://www.tcmb.gov.tr/wps/wcm/connect/tcmb+en/tcmb+en

http://www.tcmb.gov.tr/wps/wcm/connect/tcmb+en/tcmb+en

Currency Guide

April 2019 | 372




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

PAYMENTS TOWARDTURKEY:IBAN FORMATMANDATORY

X

59

/34X


LINE1 : /34X

PAYMENTS OUTSIDETURKEY: IBAN FORMAT (IFAPPLICABLE)





FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 373

TTD – Trinidad And Tobago Dollar

Overview


Currency Guidelines




Payment Formatting







• Central bank of Trinidad and Tobago: http://www.central-bank.org.tt/

http://www.central-bank.org.tt/

Currency Guide

April 2019 | 374




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 375

TWD – New Taiwan Dollar

Overview

TWD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Taiwan.


Currency Guidelines






Payment Formatting



FULL NAME

MANDATORY 59



XXXX




MANDATORY



Currency Guide

April 2019 | 376




According to the central bank: “Since July 1987, the CBC has actively deregulated the foreignexchange controls on capital movements. Currently, capital movements are completelyliberalised.

1. Cash flows not involving the conversion of New Taiwan dollars are completely liberalised.

2. Cash flows involving the conversion of New Taiwan dollars:

A. Inward and outward remittances related to foreign trades in goods are completelyliberalised.

B. Inward and outward remittances related to services are completely liberalised.

C. Direct investments and portfolio investments approved by the competentauthorities are also completely liberalised.

D. Other regulations:

- Total annual remittance not exceeding USD 5 million by a natural person, andtotal annual remittance not exceeding USD 50 million by a juridical person mayproceed directly through authorised banks. Total remittance exceeding the saidamounts requires CBC’ prior approval.

- A single remittance not exceeding USD 100,000 by a non-resident mayproceed directly through authorised banks. Otherwise CBC’ prior approval isrequired.

3. In short, there are effectively no foreign exchange restrictions in Taiwan now.”

For more information, please see the exchange control regulations in Taiwan:http://www.cbc.gov.tw/ct.asp?xItem=857&CtNode=481&mp=2

• Central bank of Taiwan: http://www.cbc.gov.tw/mp2.html

http://www.cbc.gov.tw/ct.asp?xItem=857&CtNode=481&mp=2

http://www.cbc.gov.tw/mp2.html

Currency Guide

April 2019 | 377




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE


MAXIMUMLENGTH IS140CHARACTERSTELEPHONE NUMBER OF THE

BENEFICIARY X

Currency Guide

April 2019 | 378

TZS – Tanzanian Shilling

Overview


Currency Guidelines



Payment Formatting







• Central bank of Tanzania: https://www.bot-tz.org/

https://www.bot-tz.org/

Currency Guide

April 2019 | 379




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 380

U

Currency Guide

April 2019 | 381

UGX – Ugandan Shilling

Overview


Currency Guidelines

Besides the standard information, the beneficiary’s full name is mandatory.




• The beneficiary’s bank and branch full name


• For tax payments, a payment registration number, known as PRN, is required.


Payment Formatting



FULL NAME MANDATORY 59Name <Cdtr> <Nm>

XXXX


Currency Guide

April 2019 | 382



RECOMMENDED

70 <Rmtlnf><Ustrd>FULL NAME & FULL ADDRESS(EXACT BRANCH LOCATION)OF THE BENEFICIARY BANK

MANDATORY

PAYMENT REGISTRATIONNUMBER

MANDATORY(IN CASE OF TAX PAYMENTS)



• Central Bank of Uganda: https://www.bou.or.ug/bou/home.html

https://www.bou.or.ug/bou/home.html

Currency Guide

April 2019 | 383




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





BIC CODE (BRANCHIDENTIFIER INCLUDED, IFPROVIDED)

X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE

ENGLISH



PAYMENT REGISTRATIONNUMBER

X PRN 13 DIGITS


X FREEMESSAGE

ENGLISH

Currency Guide

April 2019 | 384

USD – U.S. Dollar

Overview


Currency Guidelines



Payments in USD toward the USA

Besides the standard information, it is important to note that the IBAN format is not in use inUSA.

In order to enable the correct routing of the payment in the domestic clearing, either theFedwire code (also known as ABA code) or BIC code (branch identifier included, if provided) ismandatory.

In certain cases, the Fedwire code could be included within the domestic account number.Please ask your beneficiary to indicate separately this code and the domestic account number.

Example of a Fedwire code: 113011258

Payments in USD outside the USA


Payment Formatting


Currency Guide

April 2019 | 385


OPTION 1

FEDWIRE CODE&

BIC CODE

MANDATORY(PAYMENTS TOWARD THE USA)

57A



OPTION 2

BIC CODE MANDATORY 57A<CdtrAgt><FinInstnld>

<BIC> XXXX






• Available charge options: OUR (fees depend on beneficiary)/SHA/BEN

• Central bank of the United States of America:http://www.federalreserve.gov/faqs/about_12594.htm

http://www.federalreserve.gov/faqs/about_12594.htm

Currency Guide

April 2019 | 386



REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3

LIMITATIONS


ACCOUNTNUMBER

PAYMENTS TOWARD THEUSA: DOMESTIC ACCOUNTNUMBER

X

59

/34X


LINE1 : /34X

PAYMENTS OUTSIDE THEUSA: IBAN FORMAT (IFAPPLICABLE)



FULLNAME

X 1*35XNAME<CDTR><NM>XXX</NM>

LINE 2: LIMITEDTO 35CHARACTETETTE

FULLADDRESS

X 3*35X


LINE 3:POSITION 1 TO35 OF THE FIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 4:POSITION 36 TO70 OF THE FIRSTOCCURRENCEOF THE XMLADDRESS LINETAGSLINE 5:POSITION 1 TO35 OF THESECONDOCCURRENCEOF THE XMLADDRESS LINETAGS



PAYMENTS TOWARD THEUSA:OPTION 1:FEDWIRE CODE&BIC CODE (BRANCHIDENTIFIER INCLUDED, IFPROVIDED)

X

FEDWIRECODE: 9DIGITSBIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)

//FW + 9DIGITS BICCODE: 8 OR11 DIGITS

57A1*33X 8 OR11


<BIC> LIMITEDTO 11CHARACTERS<MMBID>LIMITED TO 24CHARACTERS


OPTION 2:BIC CODE

X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE


Currency Guide

April 2019 | 387

UYU – Uruguayan Peso

Overview


Currency Guidelines




Payment Formatting







• Central bank of Uruguay: http://www.bcu.gub.uy/Paginas/Default.aspx

http://www.bcu.gub.uy/Paginas/Default.aspx

Currency Guide

April 2019 | 388




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 389

V

Currency Guide

April 2019 | 390

VND – Vietnamese Dong

Overview

This currency is considered to be restricted, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of Vietnam.

Currency Guidelines

Besides the standard information, a clear reason / purpose of payment is recommended andconsists of a full written description (in English) of the nature of payment to be provided in theremittance information. For example: providing an invoice number without guiding text isconsidered as insufficient and can result in errors or delays.


In case of tax payments: the tax code, tax chapter and item number are mandatory and shouldbe added to the remittance information.


Payment Formatting




RECOMMENDED

70 <Rmtlnf><Ustrd>TAX CODE/CHAPTER AND

ITEM NUMBERMANDATORY

(IN CASE OF TAX PAYMENTS)



• A lot of beneficiaries hold a USD account locally (common practice in Vietnam). Please ensurethat the beneficiary’s account number given by the customer is a VND account and not a USDaccount.

Currency Guide

April 2019 | 391

• Central bank of Vietnam: http://www.sbv.gov.vn/

http://www.sbv.gov.vn/

Currency Guide

April 2019 | 392




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE


MAXIMUMLENGTH IS140CHARACTERSIN CASE OF TAX PAYMENTS X

TAX CODE/CHAPTERAND ITEMNUMBER

Currency Guide

April 2019 | 393

VUV – Vanuatu Vatu

Overview


Currency Guidelines





Payment Formatting







• Central bank of Vanuatu: http://www.rbv.gov.vu/

http://www.rbv.gov.vu/

Currency Guide

April 2019 | 394




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 395

W

Currency Guide

April 2019 | 396

WST – Samoan Tala

Overview


Currency Guidelines




Payment Formatting







• Central bank of Samoa: http://www.cbs.gov.ws/

http://www.cbs.gov.ws/

Currency Guide

April 2019 | 397




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


XFREEMESSAGE



Currency Guide

April 2019 | 398

X

Currency Guide

April 2019 | 399

XAF – Central African CFA Franc

Overview

Concerned countries: Cameroon, Central African Republic, Chad, Equatorial Guinea, Gabon andRepublic of the Congo.

XAF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency: fund transfers in this currency are not allowed outside of CentralAfrican States.

Currency Guidelines

Besides the standard information, it is important to note that the IBAN format is alwaysrecommended.

The beneficiary’s physical full address is mandatory in the beneficiary address field. Paymentsissued without this information will be rejected.





Payment Formatting



IBAN FORMAT

RECOMMENDED 59



XXX


Currency Guide

April 2019 | 400



MANDATORY





• Central bank of Central Africa States: https://www.beac.int/index.php/accueil

https://www.beac.int/index.php/accueil

Currency Guide

April 2019 | 401




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE

ENGLISH

70

4*35X

<RMTINF><USTRD>



X

Currency Guide

April 2019 | 402

XCD – East Caribbean Dollar

Overview

Concerned countries: Anguilla, Antigua & Barbuda, Dominica, Grenada, Montserrat, Saint Kitts& Nevis, Saint Lucia and Saint Vincent & Grenadines.

XCD is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in XCD are not allowed outside of the EasternCaribbean.

Currency Guidelines

Besides the standard information, the IBAN format, the full name (written out in full, withoutinitials, abbreviations or acronyms) and the physical full address of the beneficiary aremandatory.




Payment Formatting



IBAN FORMAT

MANDATORY

59



XXXX


XXX


Currency Guide

April 2019 | 403



RECOMMENDED


THE BENEFICIARYMANDATORY



• Central bank of Eastern Caribbean: http://www.eccb-centralbank.org/

http://www.eccb-centralbank.org/

Currency Guide

April 2019 | 404




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

Currency Guide

April 2019 | 405

XOF – West African CFA Franc

Overview

Concerned countries: Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal andTogo.

XOF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of the WestAfrican States.

Currency Guidelines

Besides the standard information, it is important to note that the IBAN format is alwaysrecommended.






Payment Formatting



IBAN FORMAT

RECOMMENDED 59



XXX


Currency Guide

April 2019 | 406



MANDATORY





• Central bank of West African States: http://www.bceao.int/

http://www.bceao.int/

Currency Guide

April 2019 | 407




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X

FREEMESSAGE




X

Currency Guide

April 2019 | 408

XPF – Pacific franc

Overview

Concerned countries: French Polynesia, New Caledonia, Wallis and Futuna.

XPF is considered to be a restricted currency, which implies an inherent limitation to thetradability of this currency. Fund transfers in this currency are not allowed outside of thesecountries.

Currency Guidelines






Payment Formatting



IBAN FORMAT

MANDATORY 59


FULL ADRESSName <Cdtr> <Nm>

XXXX


XXXX






Currency Guide

April 2019 | 409



Currency Guide

April 2019 | 410




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER


X

59

/34X


LINE1 : /34X



FULLADDRESS

X 3*35





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE



Currency Guide

April 2019 | 411

Z

Currency Guide

April 2019 | 412

ZAR – South African Rand

Overview


It is important to note that this currency is also accepted in Lesotho, Swaziland &Namibia which are CMA Countries (Common Monetary Area).

Currency Guidelines

A clear reason / purpose of payment is recommended and consists of a full written description(in English) of the nature of payment to be provided in the remittance information. For example:providing and invoice number without guiding text is considered as insufficient and can result inerrors or delays.


Payments in ZAR toward South Africa


The South African national clearing code (a six digit code) known as the ZA code is mandatory inorder to enable the correct routing of the payment in the domestic clearing.In certain cases, the clearing code could be included within the domestic account number.Please ask to your beneficiary to indicate separately this code and the domestic accountnumber.


Payments in ZAR outside South Africa


Payment Formatting


Currency Guide

April 2019 | 413



(PAYMENTS TOWARD SOUTHAFRICA)

59<Cdtr><PstlAdr><AdrLine>

XXX



ZA CODE&

BIC CODE

MANDATORY(PAYMENTS TOWARD SOUTH

AFRICA)57A






RECOMMENDED


THE BENEFICIARY

RECOMMENDED(PAYMENTS TOWARD SOUTH

AFRICA)



• Central bank of South Africa: https://www.resbank.co.za/Pages/default.aspx

https://www.resbank.co.za/Pages/default.aspx

Currency Guide

April 2019 | 414




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

X

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





PAYMENTSTOWARDSOUTHAFRICA:ZA CODE&BIC CODE(BRANCHIDENTIFIERINCLUDED,IFPROVIDED)

X

ZA CODE: 6DIGITSBIC CODE: 8DIGITS(BRANCHIDENTIFIER:3 DIGITS)

//ZA+ 6DIGITSBIC CODE: 8OR 11 DIGITS

57A1*33X8 OR 11




PAYMENTMESSAGE

TELEPHONENUMBER OFTHEBENEFICIARY

XFREEMESSAGE



Currency Guide

April 2019 | 415

ZMW – Zambian Kwacha

Overview


Currency Guidelines

Besides the standard information, it is important to note that the domestic account numbershould be thirteen digits long.



The beneficiary’s bank sort code is mandatory and should be added to the remittanceinformation, this code is a six digit code which allows the identification of a financial institution.

Payment Formatting




MANDATORY

70

<Rmtlnf><Ustrd>SORT CODE OF THEBENEFICIARY BANK



• Central bank of Zambia: http://www.boz.zm/

http://www.boz.zm/

Currency Guide

April 2019 | 416




REQUIREMENTMT101TAG

MT101CHARACTERS

XML V3 TAGXML V3



ACCOUNTNUMBER

DOMESTICACCOUNT NUMBER

X

13 DIGITS

59

/34X



LINE1 : /34X



FULLADDRESS

X 3*35X





X


57A 8 OR 11




PAYMENTMESSAGE


X FREEMESSAGE

ENGLISH


MAXIMUMLENGTH IS140CHARACTERSSORT CODE OF THE

BENEFICIARY BANK X 6 DIGITS

Currency Guide