Priority payments are sent via the SWIFT network and intermediary bank charges may apply. The payer decides if they want these charges to be deducted from the payment amount or not.
This is payment charge options and the payment fees:
●Ours (OUR): The intermediary bank charges are covered by the payer and not deducted from the payment amount. The beneficiary receives the full payment amount but the payer will be charged a higher payment fee to cover the intermediary bank charges.
Charges Ours (OUR) payment fees
The intermediary bank charges are covered by the payer and not deducted from the payment amount so the beneficiary receives the amount in full. Please note that payments to countries in the European Economic Area (EEA) on behalf of an EEA-based payment institution cannot be sent using Charges Ours, irrespective of the currency of the payments or if an FX conversion is involved. Any SWIFT payment sent by an EEA-based payment institution to countries in the EEA will automatically default to Charges Shared.
We have four pricing tiers for SWIFT Charges Ours and the fee applied increases with the tiers. The tier is determined by the country, please see the following tables for detail.
|TIER 1: Country - ISO|
|Canada - CA||Jersey - JE||Switzerland - CH|
|Gibraltar - GI *||Kuwait - KW||United Kingdom - GB *|
|Greece - GR *||Sweden - SE *||United States - US|
|Isle of Man - IM|
|Tier 2: Country - ISO|
|Australia - AU||Hungary - HU*||Mexico - MX|
|Brazil - BR||Iceland - IS *||New Zealand - NZ|
|Bulgaria - BG *||India - IN||Philippines - PH|
|Denmark - DK *||Liechtenstein - LI *||Qatar - QA|
|Estonia - EE *||Lithuania - LT *||Russian Federation - RU|
|Guernsey - GG||Mauritius - MU|
|TIER 3: Country - ISO|
|Tier 3 includes any country which is not listed in Tiers 1, 2 or 4.|
|TIER 4: Country - ISO|
|Argentina - AR||Israel - IL||Netherlands - NL *|
|Austria - AT *||Italy - IT *||Paraguay - PY|
|Belgium - BE *||Japan - JP||Poland - PL *|
|Chile - CL||Jordan - JO||Portugal - PT *|
|Congo - CG||Kenya - KE||Spain - ES *|
|Cyprus - CY *||Korea Republic - KR||Suriname - SR|
|Djibouti - DJ||Kyrgyzstan - KG||Swaziland - SZ|
|Ecuador - EC||Latvia - LV *||Taiwan - TW|
|Ethiopia - ET||Lesotho - LS||Turkey - TR|
|Finland - FI *||Luxembourg - LU *||Uganda - UG|
|France - FR *||Malawi - MW||Ukraine - UA|
|Germany - DE *||Malta - MT *||Uruguay - UY|
|Guinea - GN||Monaco - MC||Yemen - YE|
|Indonesia - ID||Morocco - MA||Zimbabwe - ZW|
|Ireland - IE *||Nepal - NP|
* Payments on behalf of corporates and EEA-based Financial Institutions can only be sent SWIFT SHA as per PSD2. And we will support SWIFT SHA future.