So you spent your December/January break coding up an amazing Windows 8 app, right? Now you want to get paid into your bank account.

You will need the SWIFT code and the South African National Clearing Number for your bank as well as your account number to setup the pay-out account. Here are the details for the “big four” banks.

 

Bank SWIFT Code   Clearing Number
Standard Bank SBZAZAJJ 051001
First National Bank FIRNZAJJ 250655
Nedbank NEDSZAJJ 198765
ABSA ABSAZAJJ 632005
Capitec CABLZAJJ 470010

 

Once you have the pay-out account in place you will need to complete the Tax portion. If you are a South African resident or your company is registered in South Africa and you have no connection to a US based company then you want to complete the W-8BEN form (its the first one). Select all the default values from the drop downs.

It takes some time for the tax forms to be vetted. Once all of that is done you will see that your tax profile status will change to “verified”. You are now good to go and will receive payments directly into your bank account.