Outbound Payments via SWIFT

❗️

Only applicable to customers authorised payments via SWIFT

Payment requests made via SWIFT by customers who are not authorised for SWIFT will be rejected.

Required information

Payment Request

To make an outbound payment from your Modulr account via SWIFT, the Create Payments must be used.

To ensure successful processing, you must chose the correct destination type and supply the required fields based on where the destination country the beneficiary account is located.

Destination Country (or Region)	Destination Type	Required Payment Request Fields
United Kingdom	SCAN	Sort Code Account Number
Europe	IBAN	IBAN
United States	ANBRN	abaRoutingNumber Account Number
Japan and Hong Kong	AN	Account Number

🚧

The SWIFT BIC must also be provided for each destination type

Further, it is highly recommended that you include as much information about the beneficiary as possible in the payment request to help minimise the chance of delays or rejections during the payment journey.

Example Payment Requests

SCAN (UK)

{
    "sourceAccountId": "A210000005",
    "destination": {
        "type": "SCAN",
        "sortCode": "000000",
        "accountNumber": "45678958",
        "name": "payee name",
        "address": {
            "addressLine1": "modulr avenue",
            "addressLine2": "1st floor",
            "postTown": "London",
            "countrySubDivision": "London",
            "postCode": "SW126TP",
            "country":"GB"
        },
        "birthdate": "2000-01-01",
        "emailAddress": "[email protected]",
        "phoneNumber": "00897654",
        "bic": "BARCGB22",
        "countrySpecificDetails": {
            "bankName": "Trusted Bank",
            "bankAddress": "2100 Sideway",
            "bankCity": "London",
            "bankCountry": "GB,
            "bankBranchName": "London",
            "bankBranchCode": "44-55",
            "business": true
        }
    },
    "currency": "EUR",
    "amount": 1.00,
    "reference": "reference field"
  }

IBAN (EU)

{
    "sourceAccountId": "A210000005",
    "destination": {
        "type": "IBAN",
        "iban": "GB86BARC20038014469149",
        "name": "payee name",
        "address": {
            "addressLine1": "modulr avenue",
            "addressLine2": "1st floor",
            "postTown": "Barcelona",
            "countrySubDivision": "Barcelona",
            "postCode": "22889",
            "country": "ES"
        },
        "birthdate": "2000-01-01",
        "emailAddress": "[email protected]",
        "phoneNumber": "00897654",
        "bic": "BARCGB22",
        "countrySpecificDetails": {
            "bankName": "Trusted Bank",
            "bankAddress": "3100 XYZ",
            "bankCity": "Barcelona",
            "bankCountry": "ES",
            "bankBranchName": "Barcelona",
            "bankBranchCode": "2100",
            "business": true
        }
    },
    "currency": "DKK",
    "amount": 1.00,
    "reference": "reference field"
}

ANBRN (US)

{
    "sourceAccountId": "A210000007",
    "destinationType": "ANBRN",
    "destination": {
        "type": "ANBRN",
        "accountNumber": "45678956",
        "name": "Destination ANBRN Beneficiary",
        "address": {
            "addressLine1": "345 Broadway",
            "postTown": "New York",
            "postCode": "08989",
            "country": "US",
            "countrySubDivision":"New York"
        },
        "birthdate": "2000-01-01",
        "emailAddress": "[email protected]", 
        "phoneNumber": "00897654", 
        "bic": "BARCUS22",
        "countrySpecificDetails": {
            "bankName": "XYZ Bank",
            "bankAddress": "2100 Broadway",
            "bankCity": "New York City",
            "bankBranchName": "New York",
            "bankBranchCode": "44-04",
            "abaRoutingNumber": "123456789",
            "business": true,
            "bankCountry": "US"
        }
    },
    "currency": "USD",
    "amount": 10.00,
    "reference": "Payment 100139005A1104889665"
}