Collections
ZAR Collections
Unlock the ability to receive and manage payments in South Africa.
Our API enables automated collections and currency conversions.
Gain global market access with seamless stablecoin conversions.
Partnered with South African banks and trusted liquidity providers.
Settlements
ZAR Settlements
Streamline your international business payments into South Africa.
Fast and cost-effective.
Integrate our API suite for automated settlements.
Tailored settlements by date and rate.
FAQs
How does the ZAR collection process work?
FiveWest collects payments in ZAR from your customers or clients and credits them to your account. These funds can then be settled into your bank account or converted into stablecoins.
What payment methods are supported for ZAR collections?
FiveWest accepts EFT (Electronic Funds Transfer) and direct bank deposits for ZAR collections.
How long does the ZAR settlement process take?
Settlement times depend on banking processes, but transactions may be instant or completed within 1-2 business days, depending on the requirements.
Can I settle funds into any bank account?
Yes, settlements can be made to any valid South African bank account, provided it satisfies FiveWest's KYC criteria.
