Docs

Belgium

Bank account

Service specification

TypeDescription
Direct to Bank methodDirect credit to bank account in EURO (EUR).
Supported beneficiary account type – individual only.
Supported Sender type - Individual only.
Transaction Turnaround Time- Real-time: 24x7 (within 15 minutes).
- If the transactions hit under partner screening, it might take maximum 48 hours to completed (Business hours)
- If the transaction reaches a compliance check on a non-business day, it will be processed on the next working day.
- All transactions are processed via Instant SEPA (real-time), otherwise it will be rerouted to SEPA (T+0) for beneficiary banks that do not support Instant SEPA.
Area availabilityRelated countries offered under SEPA EURO
Validation / Verification· No system validation on account available.
· The account number is using IBAN account number
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitMaximum per Transaction EUR 999,999
Minimum per Transaction EUR 1.00
Compliance accumulated limit EUR 45,000.00 per day per Beneficiary

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will be refunded on best effort basis once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks· Beneficiary address including Beneficiary City (bRegencyCode), and Beneficiary Postcode (bPostcode) are Mandatory Fields.
· Beneficiary address (bAddress) must be the full address registered with the beneficiary bank.
. Sender address including Sender City (sCity), and Sender Postcode (sPostcode) are Mandatory Fields.
· Sender and Beneficiary DOB are Mandatory Fields

· Registers of Participants in SEPA payment and payment related schemes | European Payments Council: https://www.europeanpaymentscouncil.eu/what-we-do/be-involved/register-participants/registers-participants-sepa-payment-schemes > (please refer SCT Inst and SCT)

There are list of industries that might lead the transaction screening:
· Pharmacies selling copy products without proper authority approval, incl. e-pharmacies
· Pornography industry (dating pages is as such acceptable)
· Tobacco industry
· Cannabis or other drugs in any form
· Weapons in any forms, including dual-use goods.
· Atomic power
· Extractive industries
· Precious metals and stones
· Companies selling counterfeit or infringed products
· Companies selling, storing or trading in Crypto currencies
· Binary Option Traders
· Pyramid schemes in any form
· Unregulated charities
· File sharing companies
· Shell banks
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer Code
1SEPA BELGIUM PAYOUT326001

Telegraphic Transfer

Service Specification

TypeDescription
Direct to bank method Direct credit to bank accounts in US Dollar (USD) and Euro (EUR).
Supported beneficiary account type – Individual & company
Supported sender account type - Individual & company
Transaction turnaround time *T+1 business days for USD transaction processed and credited before 6pm (Mon-Fri) GMT +8.

*T+1 business days for EUR transaction processed and credited before 6pm (Mon-Fri) GMT +8.

Transaction sent on Saturdays, Sundays or public holidays will be processed on next Belgian business day.

*Processing time may vary based on the beneficiary bank’s cut-off time.
Area availability Related countries offered under SEPA EURO
Validation / Verification No system validation on account available.
Amount received Beneficiary received net amount as specified by sender.
Transaction limit
Types of limitAmount
Maximum per transactionN/A
Compliance accumulated limit per day per beneficiary (USD)USD 50,000.00
Compliance accumulated limit per day per beneficiary (EUR)EUR 45,000.00
Maximum beneficiary No restriction
Service charge The transaction fee will be refunded on a best-effort basis after the transaction is accepted by the gloRemit® and forwarded to the payout channel.
Cancellation process Cancellation is on best-effort basis.
Remarks Beneficiary account currency must be the same with the currency of the transaction (USD or EUR).

Branch code is optional. If included, please enter exactly 3 characters to avoid the transaction being rejected.
Do_Transfer bAccType Value 11

List of Swift Code

NoNameSwift Code
1AAREAL BANK AGAARBBEB1
2ABE CLEARING SAS/EBA CLEARINGEBAXBEBB
3ABE CLEARING SAS/EBA CLEARINGEBAKBEBB
4ABE CLEARING SAS/EBA CLEARINGEBATBEBB
5ABE CLEARING SAS/EBA CLEARINGEBACBEBB
6ABN AMRO BANK N.V. BELGIAN BRANCHABNABE2A
7ADB SAFEGATE B.V.ADSGBEBZ
8ADIENT BELGIUM BVBAJCAEBE9A
9AEDIFICA S.A./N.V.AEDFBEBB
10AG INSURANCEISSUBEB1
11AGFA-GEVAERT NVAGFGBEBB
12AIONBMPBBEBB
13ALENA SAALENBEB1
14ALIAXIS HOLDINGS SAALIXBEBB
15ANHEUSER-BUSCH INBEV NVABIXBEBB
16ARDO FOODS NVAROCBE22
17ARGENTAARSPBE22
18ARRAKIS S.A.ARRKBE99
19ATTIJARIWAFA BANK EUROPE SAWAFABEBB
20AUDI NVAUETBE21
21AVEVE SAAVEVBE21
22AXA BANK EUROPE SAAXABBE22
23AXA BELGIUMAXBIBEBB
24B AND BT NVBNDDBE21
25BANCO BILBAO VIZCAYA ARGENTARIA S.ABBVABEBB
26BANCONTACT PAYCONIQ COMPANY NV/SABCMCBEBB
27BANK DE KREMER, EEN DIVISIE VAN BANABERBE22
28BANK DEGROOF PETERCAMDEGRBEBB
29BANK DEGROOF PETERCAMVGOEBE21
30BANK DEGROOF PETERCAMVDHDBE41
31BANK J. VAN BREDA AND CO NVJVBABE22
32BANK OF AMERICA EUROPE DESIGNATED ABOFABE3X
33BANK OF BARODA (BRUSSELS BRANCH)BARBBEBB
34BANK OF CHINA (EUROPE) S.A. BRUSSELBKCHBEBB
35BANK OF INDIABKIDBE22
36BANQUE CENTRALE DE COMPENSATIONCLIQBEB1
37BANQUE CENTRALE POPULAIRE SABCPOBEB1
38BANQUE CHAABI DU MAROCBCDMBEBB
39BANQUE DE LUXEMBOURG, SUCCURSALE DEBLUXBEBB
40BANQUE DEGROOF PETERCAM LUXEMBOURGDPLSBEB2
41BANQUE DELEN SA N VDELEBE22
42BANQUE DREZEBDREBE41
43BANQUE ENI SAENIBBEBB
44BANQUE NAGELMACKERS SABNAGBEBB
45BANQUE NATIONALE DE BELGIQUENBBEBEBB
46BANQUE NATIONALE DE BELGIQUEECMSBEBB
47BARCLAYS BANK IRELAND PLC, BELGIUMBARCBEBB
48BARRY CALLEBAUT SERVICES N.V.BCBSBE9L
49BAUDOUX VERTONGEN ET CIEBAUVBEB1
50BEKAERTDESLEE HOLDING N.V.BEHLBE8W
51BELFIUS BANK SA/NVGKCCBEBB
52BELFIUS INVESTMENT PARTNERSBENPBEB2
53BELGIAN DEBT AGENCYFDABBEB1
54BELGIAN NATIONAL REGISTRYBENGBEB1
55BELHYPERIONBELHBEB1