What is the Nedbank Swift Code? You need the swift code when sending money to a Nedbank South Africa account from abroad. The swift code is sometimes referred to as a Business Identifier Code (BIC). Swift codes are used to identify one bank from another. They are therefore unique to every bank, meaning no two across the world will have the same BIC. So, what is the Nedbank South Africa Swift BIC?
Nedbank South Africa BIC
The Nedbank swift code is NEDSZAJJ. That’s the number that you need to send money into a Nedbank South Africa account from abroad.
Does Nedbank accept international payments?
That’s the Nedbank swift code. In this post we gave the code for Nedbank South Africa. Note that the bank has other branches elsewhere, including in Zimbabwe.
One question that people ask is, does Nedbank accept international payments? The answer is yes, Nedbank does accept international payments.
There may be one or two banks in South Africa that do not accept international payments. But Nedbank is not one of them. You can receive money from outside the country into your Nedbank account.
Is the Swift code the same as the BIC?
Sometimes when sending money from abroad to a Nedbank South Africa account, you will be asked to provide the BIC. So, is the BIC the same as the swift code?
It’s something that we have already mentioned. Yes, the term BIC is sometimes used for the Swift Code. So, it’s one and the same thing.
That’s the Nedbank South Africa swift code. It’s the number that you need when sending money to a Nedbank account from abroad.
There are other things that are needed in order for the transaction to take place. You also need the Beneficial customer. Another thing that is needed is the Account name of the recipient.
Once you have put together these details, you should have no problem sending money to a Nedbank account from outside South Africa.