BIC swift code for South Africa

Ingrid295
Level 1
Pretoria, South Africa

BIC swift code for South Africa

I am trying to set up PAY OUT method but require a BIC code... I have read through everything, but it looks like I need to register for one? 
My AirBnB will run seperate on a Capitec Bank account. Do I still need a BIC?

1 Reply 1
Steve143
Level 10
Limerick, Ireland

Hello @Ingrid295,

 

A BIC code is assigned to the bank, not to you, so you don't need to register for one. Your bank should be able to confirm what the code is.

There's just one code for any one bank business in each country no matter how many branches the bank has in the country.

 

A search at swiftcodes.org shows that the code for Capitec Bank, ** Road, STELLENBOSCH **is **

You should check this with the bank.

 

Steve.

 

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