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The regulator has also recently noted that some firms are incorrectly populating their counterparty and customer or client identification fields when reporting principal trades. Free cross border IBAN bank transfers within EU countries. If you have need to send money from one bank to another especially for international transfers, a SWIFT code is required. The SWIFT code for its primary office is NEDSZAJJ:
NEDS identifies Nedbank
ZA is the country code for South Africa
JJ is the code for Johannesburg
Nedbank has not implemented the extended code of 11 digits and all SWIFT transfers to its accounts are directed to the primary office for processing. IBAN will be progressively introduced in most OECD countries to allow Straight Through Processing of cross border payments.
| Country | City | Bank Name | Branch | SWIFT |
|---|---|---|---|---|
| Germany | Hamburg | Vierlaender Volksbank EG | Vierlaender Volksbank EG | GENODEF1HH3 |