Supported payout methods
| Payout method | Currencies | Typical timing |
|---|---|---|
| Madagascar Local Transfer | MGA | 2-3 business days |
| International Wire Transfer | See below | 0-3 business days |
Madagascar Local Transfer
Madagascan local bank transferSupported currencies
MGA
Timing
| Attribute | Value |
|---|---|
| Processing window | Business days |
| Typical delivery | 2-3 business days |
| Business day dependency | Yes |
| Supports instant | No |
Transaction limits
| Limit type | Value |
|---|---|
| Minimum | None |
| Maximum | 20,000,000 USD |
Fields
Payout Method Type
Value:
MadagascarLocalRecipient IBAN
27-character IBAN starting with country code ‘MG’Validation:
- Exactly 27 characters.
- IBAN format; must match:
^MG[0-9]{2}[A-Z0-9]{23}$
MG4600005123456789012345678International Wire Transfer
International wire transfer via SWIFT networkSupported currencies
AOA, ARS, AUD, BDT, BGN, BRL, BWP, CAD, CHF, COP, CZK, DKK, EGP, EUR, GBP, GMD, HKD, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, LSL, MAD, MGA, MWK, MYR, NAD, NGN, NOK, NZD, PEN, PHP, PLN, PYG, RON, RWF, SEK, SGD, THB, TRY, USD, UYU, VND, XAF, XOF, ZAR, ZMW
Timing
| Attribute | Value |
|---|---|
| Processing window | Business days |
| Typical delivery | 0-3 business days |
| Business day dependency | Yes |
| Supports instant | No |
Transaction limits
| Limit type | Value |
|---|---|
| Minimum | None |
| Maximum | None |
Fields
Payout Method Type
Value:
SwiftInternationalCurrency
Value: One of
AOA, ARS, AUD, BDT, BGN, BRL, BWP, CAD, CHF, COP, CZK, DKK, EGP, EUR, GBP, GMD, HKD, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, LSL, MAD, MGA, MWK, MYR, NAD, NGN, NOK, NZD, PEN, PHP, PLN, PYG, RON, RWF, SEK, SGD, THB, TRY, USD, UYU, VND, XAF, XOF, ZAR, ZMWIBAN
Validation:
- Exactly 27 characters.
- IBAN format; must match:
^MG[0-9]{2}[a-zA-Z0-9]{23}$
MG4600005030071289421016045Notes
- All payments sent via SWIFT will be instructed such that the full value of the payment should credit the beneficiary. However, Acclaim is not in control of intermediary bank adherence to SWIFT messages and cannot guarantee that the beneficiary bank will not charge their account holder for receipt of payment.