South Africa High Value Payments Upgrade

This page is continuously being updated. Please bookmark this page and check back often for the latest details.

 

We are enhancing your payments experience by upgrading our South Africa High Value Payments platform. Expect the following changes as we migrate to the new platform:

What’s Affected

What’s Changing

Current State

Expected Updates

Client Narratives for Channel Reporting

Existing narratives for South Africa SAMOS and CBPR+ flows will be updated and standardized in line with high value market practices.

Please refer to the following reporting samples:

 

Outgoing Wire ICDT

 

Additional reporting samples will soon be added.

Please refer to the following updated reporting samples:

 

Outgoing Wire ICDT

 

Additional updated reporting samples will soon be added.

Client Narratives for SWIFT FIN Reporting

Existing narratives for South Africa SAMOS and CBPR+ flows will be updated and standardized in line with high value market practices.

Reporting samples will be added soon.

Updated reporting samples will be added soon.

BAI codes

BAI codes for return flows will be updated.

The same BAI code is used for both standard and return flows.

 

Outgoing payment and outgoing payment return: 495.

 

Incoming receipt and incoming receipt return: 195.

The new BAI Code will be separated for returns to create transparency.

 

New outgoing payment return code: 496

 

New incoming payment return code: 196

Virtual branch

Documentation upload changes are expected to commence October 2026, but is subject to date change.

Documentation upload through the portal is only available for outgoing payments.

Documentation upload through the portal available for both outgoing and incoming payments.