Overview

Understanding the supported currencies and processing times of a financial partner like Wallex is crucial for businesses and individuals managing international transactions. This knowledge directly impacts the efficiency, cost-effectiveness, and reliability of cross-border payments. By staying informed, users can better navigate financial operations, reduce risks, and optimize decision-making, ultimately fostering smoother global transactions and stronger business relationships.

Below are key reasons why this information is vital:

Enhanced Business Efficiency
- Knowing Wallex’s supported currencies helps streamline cross-border payments and international transactions.
- Businesses can better plan international contracts and partnerships by ensuring their key currencies are supported.
Cost Optimization
- Currency exchange rates and transfer fees vary. Understanding which currencies are natively supported by Wallex can reduce conversion fees and improve overall financial efficiency.
Transaction Speed and Planning
- Understanding processing times allows businesses and individuals to plan transactions better.
- Faster processing times mean quicker settlement of international payments, which can enhance supplier relationships and avoid payment delays.
Risk Mitigation
- Knowledge of currency restrictions and processing timelines reduces the risk of delays and compliance issues.
- Accurate information helps businesses avoid last-minute surprises when transferring funds internationally.
Customer Satisfaction
- For businesses that deal with global customers, knowing supported currencies and processing times ensures seamless payments and refunds.
- This transparency enhances the overall customer experience.
Strategic Financial Decisions
- Choosing the right payment currency can protect businesses from unfavorable exchange rate fluctuations.
- It allows companies to strategically route payments for tax and regulatory compliance purposes.

Supported Currencies

Countries	Country Code
Aruba	ABW
Angola	AGO
Anguilla	AIA
Åland Islands	ALA
Andorra	AND
Netherlands Antilles	ANT
United Arab Emirates	ARE
Argentina	ARG
Armenia	ARM
American Samoa*	ASM*
French Southern Territories	ATF
Antigua and Barbuda	ATG
Australia	AUS
Austria	AUT
Azerbaijan	AZE
Belgium	BEL
Benin	BEN
Bonaire, Sint Eustatius and Saba	BES
Bangladesh	BGD
Bulgaria	BGR
Bahrain	BHR
Bahamas*	BHS*
Saint Berthélemy	BLM
Belize	BLZ
Bermuda	BMU
Bolivia	BOL
Brazil	BRA
Barbados*	BRB*
Brunei Darussalam	BRN
Bhutan	BTN
Bouvet Island	BVT
Botswana*	BWA*
Canada	CAN
Cocos (Keeling) Islands	CCK
Switzerland	CHE
Chile	CHL
China	CHN
Côte D'Ivoire	CIV
Cameroon	CMR
Cook Islands	COK
Comoros	COM
Cape Verde	CPV
Costa Rica	CRI
Curacao	CUW
Christmas Island	CXR
Cayman Islands	CYM
Cyprus	CYP
Czech Republic	CZE
Germany	DEU
Djibouti	DJI
Dominica	DMA
Denmark	DNK
Algeria	DZA
Ecuador	ECU
Egypt	EGY
Spain	ESP
Estonia	EST
Finland	FIN
Fiji	FJJ
Falkland Islands (Malvinas)	FLK
France	FRA
Faroe islands	FRO
Micronesia	FSM
Gabon	GAB
United Kingdom	GBR
Georgia	GEO
Guernsey	GGY
Ghana*	GHA*
Gibraltar	GIB
Guinea	GIN
Guadeloupe	GLP
Gambia	GMB
Equatorial Guinea	GNQ
Greece	GRC
Greenland	GRC
Grenada	GRD
French Guiana	GUF
Guam*	GUM*
Hong Kong	HKG
Heard Island and McDonald Islands	HMD
Croatia	HRV
Hungary	HUN
Indonesia	IDN
Isle Of Man	IMN
India	IND
British Indian Ocean Territory	IOT
Ireland	IRL
Iceland	ISL
Israel	ISR
Italy	ITA
Jamaica*	JAM*
Jersey	JEY
Jordan*	JOR*
Japan	JPN
Kenya	KEN
Kyrgyzstan	KGZ
Cambodia*	KHM*
Kiribati	KIR
St Kitts & Nevis	KNA
South Korea	KOR
Kuwait	KWT
Lao People's Democratic Republic	LAO
Liberia	LBR
St Lucia	LCA
Liechtenstein	LIE
Sri Lanka	LKA
Lesotho	LSO
Lithuania	LTU
Luxembourg	LUX
Latvia	LVA
Macau	MAC
Saint Martin (French part)	MAF
Morocco*	MAR*
Monaco	MCO
Madagascar	MDG
Maldives	MDV
Mexico*	MEX*
Marshall Islands	MHL
Malta	MLT
Mongolia	MNG
North Mariana Islands	MNP
Mozambique*	MOZ*
Mauritania	MRT
Montserrat	MSR
Martinique	MTQ
Mauritius	MUS
Malawi	MWI
Malaysia	MYS
Mayotte	MYT
Namibia	NAM
New Caledonia	NCL
Niger	NER
Norfolk Island	NFK
Niue	NIU
Netherlands	NLD
Norway	NOR
Nepal	NPL
Nauru	NRU
New Zealand	NZL
Oman	OMN
Panama*	PAN*
Pitcairn	PCN
Peru*	PER*
Philippines	PHL
Palau	PLW
Papua New Guinea	PNG
Poland	POL
Puerto Rico	PRI
Portugal	PRT
Paraguay	PRY
French Polynesia	PYF
Qatar	QAT
Réunion	REU
Romania	ROU
Rwanda	RWA
Saudi Arabia	SAU
Singapore	SGP
South Georgia and the South Sandwich Islands	SGS
Saint Helena, Ascension and Tristan	SHN
Svalbard and Mayen	SJM
Solomon Islands	SLB
Sierra Leone	SLE
San Marino	SMR
Saint Pierre and Miquelon	SPM
São Tomé and Principe	STP
Suriname	SUR
Slovakia	SVK
Slovenia	SVN
Sweden	SWE
Swaziland	SWZ
St Maarten	SXM
Seychelles	SYC
Turks & Caicos	TCA
Chad	TCD
Togo	TGO
Thailand	THA
Tajikistan*	TJK*
Tokela	TKL
Timor-Leste	TLS
Tonga	TON
Trinidad & Tobago*	TTO*
Tunisia	TUN
Turkey	TUR
Tuvalu	TUV
Taiwan	TWN
Tanzania*	TZA*
Uganda*	UGA*
United States Minor Outlying Islands	UMI
Uruguay	URY
United States	USA
Uzbekistan	UZB
Vatican City State (Holy See)	VAT
St. Vincent and the Grenadines	VCT
British Virgin Islands	VGB
United States Virgin Islands*	VIR*
Vietnam	VNM
Wallis and Futuna	WLF
Samoa*	WSM*
South Africa	ZAF
Zambia	ZMB

Note: All countries will go through compliance screening. Countries with "*" will go through strict compliance screening and approval.

SWIFT Processing Time

Primary Currency	Currrency	Settlement Time	Cut-off Time (SGT)	Additional Notes
AED	UAE Dirham	T+1	2.00pm
AUD	Australian Dollar	T+1	2.00pm	BSB Code
BHD	Bahraini Dinar	T+1	2.00pm
BND	Brunei Dollar	T+1	2.00pm
CAD	Canadian Dollar	T+0	2.00pm	Bank Code and Branch Code
CHF	Swiss Franc	T+0	2.00pm
CHF	Swiss Franc	T+0	2.00pm
CNH	Chinese Renminbi	T+1	2.00pm	CNAPS code, Purpose of payment, Corporates only
CZK	Czech Koruna	T+0	2.00pm
DKK	Danish Kroner	T+0	2.00pm
EGP	Egyptian Pound	T+1	2.00pm
EUR	EURO	T+0	2.00pm	IBAN
GBP	Stirling Pound	T+0	2.00pm	IBAN and Sort Code
HKD	Hong Kong Dollar	T+0	2.00pm
HKD	Hong Kong Dollar - CHATS	T+0	2.00pm	Only to a HK bene bank
HRK	Croatian Kuna	T+0	2.00pm
HUF	Hungarian Forint	T+0	2.00pm
ILS	Israeli Shekel	T+1	2.00pm
JPY	Japanese Yen	T+1	2.00pm
KES	Kenyan Shilling	T+1	2.00pm
KWD	Kuwait Dinar	T+2	2.00pm
KRW	South Korean Won	T+1	2.00pm
LKR	Sri Lankan Rupee	T+1	2.00pm
MUR	Mauritius Rupee	T+1	2.00pm
MXN	Mexican Peso	T+0	2.00pm
NOK	Norwegian Krone	T+0	2.00pm
NZD	New Zealand Dollar	T+1	2.00pm
OMR	Oman Rial	T+1	2.00pm
PLN	Polish New Zloty	T+0	2.00pm
QAR	Qatari Riyal	T+1	2.00pm
RON	Romanian Leu	T+0	2.00pm
SAR	Saudi Arabian Riyal	T+1	2.00pm	Friday is not a banking day
SEK	Swedish Krona	T+0	2.00pm
SGD	Singapore Dollar	T+0	2.00pm
SGD	Singapore Dollar - MEPS	T+0	2.00pm	Only to SG bene bank
THB	Thailand Baht	T+1	2.00pm
TRY	Turkish New Lira	T+0	2.00pm
UGX	Ugandan Shilling	T+1	2.00pm
USD	U.S. Dollar	T+0	2.00pm
ZAR	South African Rand	T+0	2.00pm

Note:
SHA means Swift-Shared

OUR means Swift-Our

For Settlement Time, T' is the transaction date. The abbreviations T+1, T+2, and T+3 refer to the settlement dates of transactions that occur on a transaction date plus one day, plus two days, and plus three days, respectively.

LOCAL Processing Time

Country	Currency Code	Currency	Settlement Time	Cut-off Time (SGT)	Maximum Transaction Limit	Supported Types	Other Requirements
Australia	AUD	Australian Dollar	T+2	2.00PM	-	C2C, C2B, B2B, B2C	BSB Code
Cambodia	KHR	Cambodian Riel	T+1/T+2	2.00PM	KHR 10,000,000.00	C2C, C2B, B2B, B2C	KHR 20,000,000.00 Beneficiary contact number
China	CNY	Chinese Renminbi	T+1/2	1.00PM	No Limit	C2C, B2C	Individual Only CNAPS code needed (12 digits)
Hong Kong	CNY	Chinese Renminbi	T+0	2.00PM			FPS/CHATS
Hong Kong	HKD	Hong Kong Dollar	T+0	2.00PM	HKD10,000,000	C2C, C2B, B2B, B2C	FPS
Indonesia	IDR	Indonesian Rupiah	T+0	2.00PM	SKN: IDR 1,000,000,000 RTGS: IDR 1,000,000,000 to IDR 100,000,000,000	C2C, C2B, B2B, B2C	SKN RTGS - if above 1bil autouse RTGS, more costly & slightly slower but still T+0 flight time.
India	INR	Indian Rupee	T+0	2.00PM	INR 1,500,000	C2C, C2B, B2B, B2C	"IFSC code needed (4 letters followed by 7 alphanumeric characters) Payment purpose code needed"
South Korea	KRW	Korean Won	T+0	2.00PM	-	C2B, B2B	Business Payments only (i.e. Payments with invoice)
Malaysia	MYR	Malaysian Ringgit	T+0	2.00PM	MYR 10,000,000	C2C, C2B, B2B, B2C	-
Nepal	NPR	Nepalese Rupee	T+0	2.00PM	NPR 1,000,000.00	C2C	Individual only and business on Highlighted Bank List Monthly Limit NPR 1,000,000.00 per beneficiary account
Pakistan	PKR	Pakistan Rupee	T+1	2.00PM	PKR 1,000,000	C2C, B2C	Individual only Maximum PKR5,000,000 per day Minimum PKR 10 per transaction
Philippines	PHP	Philippines Peso	T+1	2.00PM	PHP 1,300,000	C2C, C2B, B2B, B2C
Singapore	SGD	Singapore Dollar	T+0	2.00PM	SGD 200,000.00	C2C, C2B, B2B, B2C	Only for banks on the FAST Network https://abs.org.sg/consumer-banking/fast
Singapore	non-SGD	other than Singapore Dollar			as per DBS SG ACT Docs	C2C, C2B, B2B, B2C	but
Singapore	USD	U.S. Dollar			-	C2C, C2B, B2B, B2C	Don't advertise, only based on ops request. to allow Local for USD to OCBC
Sri Lanka	LKR	Sri Lankan Rupee	T+0	2.00PM	LKR 1,000,000.00	C2C, C2B, B2B, B2C	Daily Limit LKR 5,000,000.00
Thailand	THB	Thailand Baht	T+0	2.00PM	THB 49,999.99 When the amount is more than the limit up to 500,000.00 THB, your beneficiary may see multiple payment entries for this transaction on his/her bank statements. Exception: SIAM COMMERCIAL BANK PCL and CIMB THAI: Local limit of 1,999,999.99 THB.	C2C, C2B, B2B, B2C
Vietnam	VND	Vietnamese Dong	T+0	2.00PM	VND 300,000,000.00	C2C, B2C	Individual/corporate
Andorra	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Austria	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Belgium	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Bulgaria	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Cyprus	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Croatia	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Czech Republic	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Czech Republic	CZK	Czech Koruna	T+1	2.00PM	No Limit	C2C, C2B, B2B, B2C	CERTIS
Denmark	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Denmark	DKK	Danish Kroner	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	Credit Transfer
Estonia	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Finland	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
France	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Germany	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Greece	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Gibraltar	GBP	Stirling Pound	T+0	2.00PM	GBP 1,000,000	C2C, C2B, B2B, B2C	Faster Payments Service (FPS) Sort code needed (6 digits)
Guernsey	GBP	Stirling Pound	T+0	2.00PM	GBP 1,000,000	C2C, C2B, B2B, B2C	Faster Payments Service (FPS) Sort code needed (6 digits)
Hungary	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Hungary	HUF	Hungarian Forint	T+0		No Limit	C2C, C2B, B2B, B2C
Iceland	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Ireland	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Isle of Man	GBP	Stirling Pound	T+0	2.00PM	GBP 1,000,000	C2C, C2B, B2B, B2C	Faster Payments Service (FPS) Sort code needed (6 digits)
Italy	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Jersey	GBP	Stirling Pound	T+0	2.00PM	GBP 1,000,000	C2C, C2B, B2B, B2C	Faster Payments Service (FPS) Sort code needed (6 digits)
Latvia	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Liechtenstein	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Lithuania	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Luxembourg	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Malta	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Monaco	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Netherlands	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Norway	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Norway	NOK	Norwegian Krone	T+0	2.00PM	NOK 25,000,000	C2C, C2B, B2B, B2C	-
Poland	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Poland	PLN	Polish New Zloty	T+0	2.00PM	PLN 1,000,000	C2C, C2B, B2B, B2C	Elixir
Portugal	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Romania	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
San Marino	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Slovakia	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Slovenia	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Spain	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Sweden	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Sweden	SEK	Swedish Krona	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	Direct Credit
Switzerland	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
United Kingdom	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
United Kingdom	GBP	Stirling Pound	T+0	2.00PM	GBP 1,000,000	C2C, C2B, B2B, B2C	Faster Payments Service (FPS) Sort code needed (6 digits)
Vatican City	EUR	EURO	T+0	2.00PM	No Limit	C2C, C2B, B2B, B2C	SEPA Credit Transfer (SCT)
Canada	CAD	Canadian Dollar	T+0	2.00PM	CAD 20,000	C2C, C2B, B2B, B2C	Electronic funds Transfer (EFTS), Branch code/Transit (Branch) number needed (5 digits)
United States	USD	U.S. Dollar	T+0	2.00PM	USD 1,000,000	C2C, C2B, B2B, B2C	FedACH ABA code needed (9 digits)
Mexico	MXN	Mexican Peso	T+1	2.00PM	No Limit	C2C, C2B, B2B, B2C	SPEI Beneficiary identity document needed (registro_federal_de_contribuyentes or clave_unica_de_registro_de_poblacion) Beneficiary identity value needed (3 characters + 6 digits + 3 characters; or 4 characters + 6 digits + 3 characters; or 4 characters + 6 digits + the letter M or H + 2 alphanumeric characters + 5 characters) CLABE needed (Mexico's standard of numbering bank accounts)
Turkey	TRY	Turkish Lira	T+0	2.00PM	TRY 50,000.00	C2C, C2B, B2B, B2C	Account number must be in IBAN Format A valid beneficiary mobile number (international dialling standard) is required