Paying an invoice in TOP
For an invoice payable in TOP, ask for a quote that delivers the invoice total and shows the full debit in ZAR. Confirm how long the quote is valid and copy the invoice reference onto the payment.
Sending money from South Africa to Tonga? Calculate how much your recipient could receive in TOP when you send South African rand (ZAR). Compare transfer costs and check the bank details you need before booking.
Estimates use the 29 April 2025 margin model and the latest available market rate. Transfer and bank fees are excluded. We may earn commission from TorFX.
The model covers transfers between different currencies worth £1,000 to £10 million.
Ask the recipient’s bank for its written instructions for receiving TOP. A provider that pays through a local bank may request different details from a provider using SWIFT. Confirm the account holder, bank identifier, account number and any mandatory payment reference before requesting a price.
Give each provider the same total budget, including fees, and ask how much will arrive in TOP. Check whether intermediary or receiving-bank fees can still be deducted. For a fixed invoice, work backwards from the exact amount due and compare the total you would pay.
Ask for the date the beneficiary can use the funds. Confirm the funding deadline in your time zone and whether a weekend, local holiday or identity check changes the estimate. For a first payment, complete any checks before agreeing a delivery date with the recipient.
Keep the quoted rate, receipt, payment reference and expected arrival date. If the deadline passes, ask the sending provider to trace the transfer and give the recipient the reference for their bank. If any account detail is wrong, contact the provider immediately before sending further funds.
For an invoice payable in TOP, ask for a quote that delivers the invoice total and shows the full debit in ZAR. Confirm how long the quote is valid and copy the invoice reference onto the payment.
Check the provider’s transfer limit and your bank’s funding limit separately. Ask which documents are needed for this payment, such as an invoice or proof of the source of funds. For new or amended supplier details, call the supplier on a number already in your records before authorising payment.
For rent, pensions or family support, decide which amount must stay fixed each month: the sum leaving your account or the sum received in TOP. Ask when the rate is set for each payment, how to change the instruction and what happens if the funding date falls on a holiday.
Official sources World Bank · Remittance Prices Worldwide ↗