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Make international payments

Sending money abroad is quick and easy with the award-winning Nedbank Private Wealth app and Online Banking platform.

Make international payments quickly and easily
You can make international payments from your personal Nedbank Private Wealth Current Account to an offshore bank account quickly, easily, and securely on our Nedbank Private Wealth app and Online Banking site. To do this, you need to use your annual R1 million single discretionary foreign exchange allowance with a selection of over 25 different currencies.

Using our digital platforms for your outward international payments means you enjoy:

lower transaction fees;no paperwork;
the ability to monitor exchange rates;
faster processing time; and
24/7 service availability* (conditions apply).

* You can submit transactions on weekdays, weekends and public holidays, but transactions submitted after business hours will be processed only on the next business day.

We have launched two exciting new features on the Nedbank Private Wealth app and Online Banking.
You can now: save international beneficiaries you make frequent payments to; and share proof of payment notifications. Click here to find out how to use these new features.

We have launched two exciting new features on the Nedbank Private Wealth app and Online Banking.

You can now:

save international beneficiaries you make frequent payments to; and
share proof of payment notifications.

Click here to find out how to use these new features.

Click here to read a summary of the benefits and features of using our app or Online Banking platform for your international payment.

How it works.
Log in to our app or Online Banking. On the app, select Transact and then Payment from the retractable arc at the bottom. On Online Banking, select Transact at the top and then select International banking from the drop-down menu. Select ‘Make an international payment’ and follow the four simple steps below to complete the payment: Capture the beneficiary details: Name, surname and address. Bank account number. A SWIFT code or IBAN number is required, depending on the region to which the transfer is being made. The beneficiary can ask their bank for this number. Select the reason for payment. Enter the amount in rand or the international currency. Accept or decline the quotation . If you decline the quote, the payment details will be saved in your International payments history tab under Saved payments for easy access to generate another quote. If you accept the quote, the transaction will proceed and you will be bound by all the terms and charges. You can also save the transaction and complete it at a later stage and view payment history for all settled, in-progress and saved transactions.

How it works.

On the app, select Transact and then Payment from the retractable arc at the bottom.
On Online Banking, select Transact at the top and then select International banking from the drop-down menu.

Select ‘Make an international payment’ and follow the four simple steps below to complete the payment:

Capture the beneficiary details:
Name, surname and address.
Bank account number.
A SWIFT code or IBAN number is required, depending on the region to which the transfer is being made. The beneficiary can ask their bank for this number.
Select the reason for payment.
Enter the amount in rand or the international currency.
Accept or decline the quotation** .
If you decline the quote, the payment details will be saved in your International payments history tab under Saved payments for easy access to generate another quote.

** If you accept the quote, the transaction will proceed and you will be bound by all the terms and charges.

You can also save the transaction and complete it at a later stage and view payment history for all settled, in-progress and saved transactions.

Please note:

This service is available to South African resident individuals only.
Transactions can only be completed from your Nedbank Private Wealth personal current account.
Exchange control regulations apply.
Click here to read a document (please refer to page 2 and 3) that summarises the allowed balance of payments categories that are available to you.
Nedbank Limited reserves the right to decline or cancel a transaction where it will result in a breach of exchange control regulations or any other laws.

Want to know more? Here's what to do:

Contact your wealth manager or stockbroker.
To find out more about our international offering, click here.
If you're interested in what we can offer you, we would love to hear from you. You can contact us on 0800 111 263, or complete an online contact form.