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Flag of Barbados

North America · BBD · 1 route

Payouts to Barbados

Route catalog · BB

Choose a payout method

Supported currencies

USD EUR SGD GBP AUD CAD HKD JPY CHF NZD

Cutoff & delivery timing

T1

Same-day processing subject to cutoff of 07:30 UTC

Scroll horizontally to compare supported modes

Transaction limit per end-user B2BB2PP2PP2B
MaxNo limitNo limitNo limitNo limit
MinNot specifiedNot specifiedNot specifiedNot specified

Route details

Select a supported mode

Beneficiary statement narrative

Ultimate Sender Name and narrative details will be passed as part of pacs.008 message to beneficiary bank. Details available on beneficiary statement will be dependent on beneficiary bank.

Network participant

Bank

Channels

All SWIFT enabled banks in the country

Routing code

SWIFT

Proof of payment

pacs.008 can be considered as a proof of payment and can be provided on request

Notes

WIRES can be sent to all countries except for OFAC listed.

pacs.008 can be provided on request.

NIUM does not support OUR charge type for CAD currency WIRES

Processing of payments to Crimea, Donetsk, Luhansk, Sevastopol regions of Ukraine is prohibited. This list is subject to change.

For foreign currency wire currencies USD, EUR, GBP - NIUM supports both OUR and SHA fee type while for other currencies AUD, CAD, CHF, JPY, NZD, HKD, SGD - NIUM supports only SHA fee type

Mandatory data requirements

Remitter

  • Remitter Name
  • Remitter Account Type
  • Remitter Identification Type
  • Remitter Identification Number
  • Remitter Address
  • Remitter Country Code
  • Remit Purpose Code

Beneficiary

  • Beneficiary Name
  • Beneficiary Account Type
  • Beneficiary Account Number
  • Beneficiary Country Code
  • Beneficiary Address
  • Beneficiary City
  • Beneficiary Postcode
  • Beneficiary Address (Recommended)
  • Beneficiary City (Recommended)
  • Beneficiary Postcode (Recommended)

Routing

  • Routing Code Value 1
  • Routing Code Type 1 - SWIFT Code

Supporting documents

  • Remitter Beneficiary Relationship
  • Nature of Business
  • Duration of Contract
  • Commercial Agreement
  • Current Invoice

Beneficiary account type

CORPORATE

← All North America markets