- Overview
- Make international payments
- Receive international payments
What you can do
Send money abroad – pay for tuition, property, gifts, or investments in over 25 currencies
Receive international payments directly into your South African account in local or foreign currency
Why choose us?
Your international transactions are more than once-off payments – they’re part of your broader wealth strategy. We help you stay compliant, get competitive rates, and keep everything connected.
How we support you
Get personalised guidance from your wealth banker or our specialist service team.
Track your payments with real-time updates via the app and Online Banking.
Leverage integrated currency solutions linked to your broader wealth plan.
Structure your offshore investments through a Focus Account.
Manage long-term currency exposure.
Support family members or philanthropic causes overseas.
Ready to join Nedbank Private Wealth?
Manage your wealth from your phone
The Nedbank Private Wealth app gives you 24/7 secure access to all your wealth with us – in one place, from the convenience of your phone.
Apply on the app Find out more
Make international payments
Sending money abroad doesn’t have to be complex. With our secure platform and expert support, you can manage transactions with full visibility and control. From property purchases to family support, our process is designed around your needs.
Benefits
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Lower transaction fees and competitive exchange rates
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24/7 access via the Nedbank Private Wealth app or Online Banking
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Same-day or next-day processing with full tracking
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Save beneficiaries and share proof of payment
How to send money abroad:
- Log in to your app or Online Banking.
- Select Make international payment.
- Enter the beneficiary's details (name, address, SWIFT/IBAN).
- Choose the payment reason and upload documents if needed.
- Enter the amount in rand or the target currency.
- Accept or decline the exchange rate quote.
- Confirm and track your transaction.
Allowances and requirements
Payment type |
Limit |
Documents needed |
---|---|---|
R1 million a year |
None (standard purposes) |
|
R10 million a year |
SARS tax clearance |
Exchange control made easy
We guide you through balance-of-payment (BOP) codes, exchange control documents and SARB compliance. You can access your full transaction history, resubmit saved payments, and request support from your banker at any time.
Helpful resources
Ready to join Nedbank Private Wealth?
Manage your wealth from your phone
The Nedbank Private Wealth app gives you 24/7 secure access to all your wealth with us – in one place, from the convenience of your phone.
Apply on the app Find out more
Receive international payments
Whether you're receiving once-off funds or recurring income, our digital tools help you complete the process with ease. Most payments are processed within 24 to 48 hours of funds arriving, provided compliance checks are complete.
Benefits
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No paperwork and reduced transaction costs
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Accept in rand or major foreign currencies
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Real-time notifications and exchange rate monitoring
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Standing instructions for regular payments
How to receive a payment
- Provide your NPW account name and number to the sender.
- Share our SWIFT code: NEDSZAJJ
- Look out for a confirmation email once the money arrives.
- Log in to your app or Online Banking.
- Select Receive international payment under Transact.
- Accept the payment, select the BOP code and lock in your rate.
More features
Track the number of days left to accept a payment.
View sender details and currency used.
Return money or reallocate to another account.
Prioritise currency pockets when receiving into multi-currency accounts.
Standing instructions
Save time by automating monthly receipts. We'll process these at the daily rate with no manual steps needed.
Helpful resources
Ready to join Nedbank Private Wealth?
Manage your wealth from your phone
The Nedbank Private Wealth app gives you 24/7 secure access to all your wealth with us – in one place, from the convenience of your phone.
Apply on the app Find out more