ZMW – Zambian Kwacha
This currency is considered to be complex (multiple information to be provided and complex processing).
- Currency Guidelines
Besides the standard information, it is important to note that the domestic account number should be thirteen digits long.
A clear reason / purpose of payment is mandatory 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
The beneficiary’s bank sort code is mandatory and should be added to the remittance information, this code is a six digit code which allows the identification of a financial institution.
For payments to Barclays Bank Zambia, a branch code is required in the beneficiary bank information. This branch code consists of 6 digits.
- 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 Zambia: http://www.boz.zm/