Currency Rules Update

This release includes updates to currency‑specific validation rules across multiple corridors. These changes aim to improve regulatory compliance, align with local clearing requirements, and reduce payment rejections due to missing or incorrect data.

Validation Rule Updates

NGN-NG: The maximum length of the beneficiary name has been increased to 140 characters.

CRC–CR: Beneficiary Tax ID validation rules have been updated based on beneficiary type:

Local Individuals : Tax ID must be 9–10 digits. Prefix 0 is now allowed.
Foreign Individuals: Accepted Tax ID prefixes are now 1 or 5.
Government Beneficiaries (New)
- New beneficiary type introduced.
- Tax ID must be 10 digits.
- Accepted prefixes are 2 or 4.

CAD–US: Beneficiary address details are now mandatory for CAD payments to the US.

The following fields are required:

Beneficiary Address Street
Beneficiary City
Beneficiary Postal Code
Beneficiary Region
Beneficiary Country of Residence

SGD–SG: Beneficiary address is now mandatory for all SGD payments

The following fields are required:

Beneficiary Address Street
Beneficiary City
Beneficiary Country of Residence

Purpose of Payment Code (POP) Updates

THB–TH: The following POP code labels have been updated to reflect new regulatory descriptions.
(POP codes remain unchanged.)

318028 – Fees for advisors, technical assistance, and academic knowledge (including remuneration for specialists)
318034 – Property rental
318068 – Condominium purchase / Final payment to complete property purchase

UGX–UG: New Purpose of Payment (POP) codes have been introduced for UGX payments. The new codes are optional (non‑mandatory) and can be used for all new UGX payments.