NBCLPGPG

Payment Instructions

General instructions for international payments to banks in PAPUA NEW GUINEA:

• Remitter should obtain all required bank information from the Beneficiary, such as SWIFT BIC, account number, and beneficiary bank address.
• Payments can only be made to on-shore residents with an in-country presence.
• Additional supporting documentation may be required from the beneficiary.
• For SWIFT MT103 F50 (Ordering Customer): Include account number, full name (no initials), and address. Use of initials can delay receipt of funds by the beneficiary.
• For SWIFT MT103 F59 (Beneficiary Customer): Include account number, full name (no initials), and address. Use of initials may delay receipt of funds by the beneficiary.
• For SWIFT MT103 F57 (Beneficiary Bank): Include SWIFT BIC with branch identifier (where required), full name, and address of the beneficiary bank. SWIFT BIC is 8 or 11 alphanumeric characters: xxxxPGxx or xxxxPGxxxxx.
• SWIFT MT103 F70 (Reason for Payment): Purpose of payment is recommended.
• Refer to the Central Bank for additional information: www.bankpng.gov.pg.

IBAN: No

Correspondent Banks

Standard Settlement Instructions (SSI) contain the list of correspondent banks of PEOPLE'S MICRO BANK LIMITED for each currency.

Payment Tracking

To track a SWIFT cross-border payment to or from PEOPLE'S MICRO BANK LIMITED, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.

Disclaimers

We are doing our best to demystify cross-border payments, however TrackMySwift is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive a safe advise. Country-specific payment instructions have been prepared based on Global Wires Payments Formatting Requirements Guide from J.P.Morgan.