SWIFT Payouts

Supported Currencies

NOK, AUD, USD, EUR

Field Requirements

Object	Parameter	Requirements
Payment Address	accountReference	IBAN (15) RegEx format: ^NO\d{13}$
	routingCode	SWIFT BIC (8) or (11) RegEx format: ^[A-Z]{4}NO[A-Z0-9]{2}([A-Z0-9]{3})?$
	bankCountry	NO
	accountName	Only required if the name on the account differs to the Recipient name
Recipient	physicalAddress	Country, City, streetName and Postal Code are required
	corporateName	Required if recipientType = “corporate”
	firstName & lastName	First Name and Last Name if recipientType = “Individual”
Payout	paymentReason	Select Payment Reason Code from list below

Payment Reason Codes

PaymentReason Code	Description
buying_a_vehicle	Payment related to the purchase of a vehicle, such as a car or motorcycle.
buying_or_selling_a_business	Transactions involved in the acquisition or sale of a business entity.
buying_or_selling_shares	Payments related to the buying or selling of stocks or shares in financial markets.
donating_to_charity	Contributions made to a charitable organization for philanthropic purposes.
emigration	Payments associated with the process of permanently moving to another country.
family_support	Financial assistance provided to family members for their well-being or specific needs.
gift	Monetary transfers given as a present or token of goodwill.
inheritance	Funds received as part of an inheritance from a deceased person's estate.
living_expenses	Payments for day-to-day living costs, such as rent, utilities, and groceries.
medical_costs	Transactions covering medical expenses, including healthcare services and medications.
online_store_purchase	Payments made for goods or services purchased through online stores or e-commerce platforms.
paying_bills_or_mortgage	Settlements for regular bills or mortgage payments.
paying_business_invoice	Clearing invoices or bills related to business transactions.
paying_for_holiday_or_accomodation	Expenses for vacations, travel, or accommodation.
payroll	Salary disbursements for employees of a company or organization.
pension_or_superannuation_transfer	Transfers of funds related to pension or superannuation accounts.
professional_services	Payments for services provided by professionals, such as consultants or freelancers.
property_purchase_or_sale	Transactions involving the acquisition or sale of real estate.
repatriating_overseas_earnings	Repatriating Overseas Earnings
salary_transfer	Transfers of salary or wages between accounts.
tax	Financial transactions associated with taxes
tuition_or_school_fees	Payments for educational expenses, including tuition and school fees.
wedding	Financial transactions associated with wedding expenses and preparations.
other	Miscellaneous category for payments not covered by the specified reasons.