SZL – Swazi Lilangeni
SZL is considered to be a restricted currency, which implies an inherent limitation to the tradability of this currency. Fund transfers in this currency cannot be sent outside of Swaziland.
Besides this limitation, this currency is considered to be relatively complex (multiple information to be provided and complex processing).Due to political unrest, a curfew has been imposed and onshore banks have decided to shut indefinitely until the unrest subsides. As a consequence, payments towards/from Eswatini could face delays.
- Currency Guidelines
Besides the standard information, the full name (written out in full, without initials, abbreviations or acronyms) and the physical full address of the beneficiary are mandatory. Please note the beneficiary address on the payment instruction has to contain a real physical address and must not have PO boxes. Payments containing a PO box address in the beneficiary address field will be rejected.
A clear reason / purpose of payment is recommended and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
- Instructions, technical guidelines & more
To consult the Technical Guidelines of this currency, click hereTECHNICAL GUIDELINES
- Additional information
• Available charge options: OUR/SHA/BEN
• Central bank of Swaziland: http://www.centralbank.org.sz/