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UGX – Ugandan Shilling

Overview

This currency is considered to be complex (multiple information to be provided and complex processing).

Currency Guidelines

Besides the standard information, the beneficiary’s full name is mandatory.

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

Additionally, it is mandatory to provide in the remittance information:

• The beneficiary’s bank and branch full name

• The beneficiary’s bank full address (exact branch location)

• For tax payments, a payment registration number, known as PRN, is required.

This currency does not have any decimal places.

Instructions, technical guidelines & more

To consult the Technical Guidelines of this currency, click here

TECHNICAL GUIDELINES
Additional information

• Available charge options: OUR/SHA/BEN

• Central Bank of Uganda: https://www.bou.or.ug/bou/home.html