Payment Overview
We offer a fully automated payment process through our platform. We support 37 currencies and cover over 180 countries, allowing you to easily send funds to your clients while we handle all necessary bank integrations, compliance, and payment requirements.
With just a few simple steps, providing the recipient's name, residential address, and bank account details, you can create a recipient account. Once registered, you can make payments to any recipient in our system.
Payment Methods
RZ Forex supports international (SWIFT) payments and local payments.
Please ensure that your account balance is sufficient to cover the transaction amount plus any applicable fees to avoid transaction failure. For specific fee details, please submit a support ticket on the platform or email us at support@ruizean.com after becoming our client.
SWIFT Payments
SWIFT is the fastest international payment method, settling in T+0 or T+1. Payments are made in the recipient's name. SWIFT transactions incur fees as funds are transferred between intermediary banks. Each intermediary bank may charge a certain fee or commission for their services. The fees associated with SWIFT payments are borne by the payer, and the recipient will receive the full payment amount.
Local Payments
Local payments are made within the domestic region. There are no fees associated with local payments, ensuring that the recipient receives the full payment amount. Payments are settled between T+0 and T+2.
Please note that for AUD accounts, if a local payment fails, the bank will charge AUD 16.5 per failed transaction, any lower than AUD 16.5 balance for AUD account may bring failure transaction.