# South Africa

Supported Payment Methods


| Payment Method     | Supported Currencies | Minimum Payout Amount per Transaction | Maximum Payout Amount per Transaction |
| ------------ | -------- | ------------------- | ------------------- |
| Bank account | ZAR      | 20.00 ZAR          | 200,000.00 ZAR      |

# Bank account

The following example shows the minimum parameter set. For parameter details, refer to: [Create a Payout](api-42628142)

```JSON
{
    "payment_amount": 2000,
    "payment_currency": "ZAR",
    "source_currency": "ZAR",
    "beneficiary_data": {
        "destination_data": {
            "destination_type": "bank_account",
            "bank_account": {
                "account_number": "2121562123",
                "account_holder_name": "JOHN DOE",
                "bank_name":"Access Bank",
                }
            }
        }
    }
}
```

List of South African Banks:

| Bank Name               |
| ----------------------- |
| Capitec Bank            |
| Standard Bank           |
| ABSA Bank               |
| Tyme Bank               |
| FNB                     |
| Nedbank                 |
| African Bank Limited    |
| Discovery Bank Limited  |
| Investec Bank           |
| FirstRand Bank          |
| Standard Chartered Bank |
| CitiBank                |
| Access Bank             |
| Bidvest Bank            |
| HSBC South Africa       |