SWIFT Transactions

• Secure and reliable transfer of your funds through encoded messages on the SWIFT network;
• Fast processing of payments and receipts;
• Efficient and accurate processing through straight-through processing techniques;
• Simplicity - easy processing of payments and receipts;
• Security - your funds are transferred directly between banks using encoded messages through SWIFT; and
• Efficient - we maintain correspondent banking relationships with major banks around the work, ensuring payments are actioned timeously.

Be sure to fill in your SWIFT application form clearly and submit the necessary documentation to avoid delays.

How to receive payments

Step 1: Provide your banking details

Provide your full banking details to the sender i.e. account name, residential address and account number together with Nedbank Namibia’s SWIFT address, NEDSNANX.
The sender should specify the purpose of funds or provide the relevant document number e.g. the invoice number.

Step 2: Notification of funds receipt

As soon as Nedbank receives your funds, you will be notified via email or SMS.

Step 3: Complete payment request form

You will be prompted to complete the integrated Inward/Cross border/International Payment Request form. Complete the form, specifying the applicable Balance of Payments (BOP) category code click to download the BOP category guideline, and provide the purpose of the funds as required by the Bank of Namibia before the funds are released into your Nedbank account.

Download the Inward/Cross-border/International  Payment request form here.

How to send payments

Step 1: Download payment request form

Download the integrated International Payment Request form here.

Step 2: Form completion and submission

Complete the integrated International Payment Request form and gather the necessary supporting documents.

Visit your nearest Nedbank Personal Banker and submit the completed form with the required documentation.