ZAR Collections
ZAR Collections
Overview
FiveWest’s ZAR Collection service addresses these challenges by offering a streamlined solution that enables clients to accept ZAR deposits.
This service solution that enables clients to convert ZAR deposits to USDT for international remittances and other use cases. The Trading API can be used to automate these conversions.
Additionally, ZAR collections can be used to facilitate ZAR payouts. The ZAR Payouts API can be used to make instant ZAR payouts to any South African bank account.
Client Requirements
- Complete KYB/ KYC level 2 verification.
- Integrate with our APIs if using automation.
Fees
From 1 July 2025, new clients making use of our collections service will incur a monthly subscription fee of 500 ZAR. Clients will incur a 0.2 % fee per ZAR deposit.
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