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ProductZAR Settlements

ZAR Settlements

ZAR Settlements

Overview

FiveWest provides services designed to streamline international payments into South Africa. Through our ZAR Payout system, we enable Financial Service Providers (FSPs) operating in foreign countries to seamlessly make payments in local currency (ZAR).

The ZAR Payouts API can be used to make instant ZAR payouts to any South African bank account.


How it Works
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Client Requirements

- Complete KYB/ KYC level 2 verification.

- Integrate with our APIs if using automation.


Fees

Subscription Fee: 500 ZAR per month.

Payout Fee: 20 ZAR per payout.



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