We offer two payment methods: Local Payment and International (SWIFT) Payment.
If the remitter chooses to make the payment through SWIFT, your receiving amount limit will depend on the remitter's payment limit.
RZ Forex provides local payment solutions for five currencies, including USD, CAD, AUD, EUR, and GBP. With local payment, you can expedite the receiving process. The payer makes the payment in the local currency, and the funds are transferred through the local banking system, typically arriving on the same day or the next business day without incurring any SWIFT charges.
Local payment usually does not have a minimum payment amount restriction. For details regarding the maximum payment amounts for these five currencies, please refer to the chart below. If the currency you wish to transact in is not listed, you can submit a support ticket through the RZ Forex portal to inquire for more information.
Please note that:
* The local collection function is only available for the currencies listed in the table below. Other currencies support international collections exclusively.
Currency | Local | |
Minimum payment size | Maximum payment size | |
US DOLLAR (USD) | No limit | The limit depends on the client type (individual or company) and the rail used. Two local rail for USD |
AUD DOLLAR (AUD) * | No limit | No limit |
UK STERLING (GBP) | No limit | GBP 1,000,000 |
CANADIAN DOLLAR (CAD) | No limit | No limit |
EURO (EUR) | No limit | No limit |