Mali

Bank account

Type	Description
Direct to Bank Method	Direct credit to bank account in Communauté Financière Africaine BCEAO, Francs (XOF). Supported beneficiary account type – individual only Supported sender type - individual only
Transaction Turnaround Time	Real-time: 24x7 (within 15 minutes)
Area availability	Mali nationwide
Validation / Verification	No account validation or verification available.
Amount received	Beneficiary received net amount as specified by Sender.
Transaction Limit	Maximum per transaction XOF 6,000,000.00 Minimum per transaction XOF 6,500.00 Compliance accumulated limit XOF 6,000,000.00 per day per beneficiary Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum Beneficiary	No restriction
Service Charge	Transaction Fee will be refunded on best effort basis once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation Process	Cancellation is on best effort basis.
Remarks	Sender and Beneficiary Phone Number is mandatory (with country code).
Do_Transfer bAccType Value	1

No	Name	Issuer Code
1	Ecobank Mali	223001