Need to send or receive money from abroad? You can choose our SWIFT-based Electronic Funds Transfer option or Absa Online for Business to make payments or inter-account payments.

Fast and secure solutions

Our electronic payment systems are fast, secure and suitable for businesses making regular payments abroad.

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Let’s assist you with all your international cash management needs with our Barclays.Net online platform.

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Business integrator International

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Take a look at our international payment solutions

  • Electronic transfers

    SWIFT Payments

    Electronic transfers are the most secure and reliable means of transferring funds to or from South Africa. Facilitate a secure transfer of funds from your bank account to an account abroad. Absa uses the SWIFT (Society for Worldwide Interbank Financial Telecommunications) system. As the name suggests, this system is exclusively used by member banks.

    How it works

    • Payments are done via SWIFT (Society for Worldwide Interbank Funds Transfer)
    • Each bank has its own unique SWIFT address. Absa’s address is ABSAZAJJ
    • SWIFT is only available to banks
    • Funds are available within two business days
    • All payments are subject to Exchange Control requirements

    Please note that South Africa does not operate on the IBAN (International Bank Account Number) system.

    Benefits

    • It is a risk-free and secure form of payment
    • It is much faster than a bank draft, should time be critical
    • You are able to stipulate the exact date of payment
    • It is convenient and fast
    • Funds received are available immediately

    For more information contact your Relationship Executive/Banker.

  • Absa Online for Business

    Absa Online

    Absa Online for Business gives you a comprehensive range of real-time transactional, non-transactional and financial management tools. You can:

    • Make payments and inter-account transfers - even via cellphone or telephone
    • Set SMS notifications and payment reminders
    • Send money to unbanked recipients via CashSend Plus
    • Make UIF and SARS payments online

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  • Business Integrator International

    Business Integrator International is an online platform that lets you initiate transactions and retrieve real-time data that could help you make more effective business decisions.

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  • Absa branch

    Absa branch

    You can make international payments in selected branches by way of a bank draft.

    Bank drafts are sent directly to the beneficiary overseas and can be accompanied by an invoice or letter. 

    A bank draft is not suitable if time is an issue, because it takes several days for the money to clear.

    To apply for a bank draft, Absa clients need a valid identity document. Non-Absa clients also need proof of residence, such as a utility bill that is not older than three months; as well as a copy of a SARS document reflecting personal details and income tax number.

Need more help?

Let one of our consultants assist you.

Contact your Business Banker

Call us on:

0860 227 232