What is a SWIFT payment?

A SWIFT payment is a secure and fast international bank transfer that allows you to send money directly to another bank account worldwide.

How do I send money using SWIFT?

You can log in to Absa Online Banking, select International Funds Transfer under the Payments tab, and enter the recipient's bank details along with Absa's SWIFT code (ABSAZAJJ) and clearing code.

How fast are SWIFT payments?

SWIFT payments are processed securely and quickly, with the ability to track transfers and even schedule when your payment should be actioned.

What are the benefits of using SWIFT?

SWIFT payments offer global acceptance, quick access to funds without paperwork, secure transfers, and credit protection options in case of unforeseen events.

What do I need to send or receive SWIFT payments?

You need to be registered for Absa Online Banking, have the recipient's bank account number, and provide Absa’s SWIFT code and clearing code for incoming transfers.

Can I access cash through SWIFT?

Yes, you can access cash from R350 up to R8,000 without documents, depending on your account and the transfer method used.

Is SWIFT accepted worldwide?

Yes, SWIFT payments are accepted globally, allowing you to transfer money internationally to virtually any bank account.

Does SWIFT provide credit protection?

Yes, SWIFT payments offer credit protection options to cover unforeseen circumstances such as the account holder's death.

What is Global Payment Innovation in SWIFT?

Global Payment Innovation (GPI) is a SWIFT service that allows faster processing, real-time tracking, and predictable delivery times for international payments.

How does SWIFT compare to Western Union for sending money?

SWIFT is ideal for direct bank-to-bank international transfers and offers worldwide acceptance, while Western Union is better suited for fast in-person collection at agent locations.

SWIFT payment system allows you to securely and quickly transfer money

Transfer money fast, SWIFT

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Transfer money fast - SWIFT

The SWIFT payment system allows you to securely and quickly transfer money to international bank accounts. Transfers can be tracked and you can even specify when you want your transfers to be actioned.

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Benefits

Quick access to cash. No paperwork.

Apply at any Absa ATM, cellphone banking or online.

Loan amount

Access cash from R350 up to R8000, no documents needed.

Accepted worldwide

Access to cash anytime.

What you can expect

How does it work?
Login to Absa Online Banking and select International funds transfer under the Payments tab.

To receive funds via SWIFT, give the sender Absa’s SWIFT code: ABSAZAJJ along with your bank account number and the clearing code - 632005.

Register for Absa Online Banking—it’s quick and easy
What are the benefits?
It’s a secure form of payment

You can specify the exact date of payment

It’s quick and convenient

It’s available online
What do I need?
Your beneficiary’s bank details, account number, name and residential address. Any required documentation depending on the payment type.
What is Global Payment Innovation
Absa is a proud member of SWIFT GPI (Global Payments Innovation) which offers transformed cross-border payment services to our customers.

This enables full track and trace on cross-border payments.

If the beneficiary bank is also a member, we’ll notify you with a beneficiary credit confirmation.

Participating banks worldwide.