What is RTC?
RTC — Real-Time Clearing — is South Africa’s near-real-time interbank credit transfer service, clearing single rand payments within a minute, around the clock, operated by PayInc (formerly BankservAfrica). Poplin pays out to South Africa over RTC, settling within one business day at the latest.
Source: PayInc (opens in a new tab)
Reviewed · by Joyce Chin, Chief Operating Officer & Compliance Officer
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A payout to South Africa clears fastest over
EFT
settles within one business day · 0.75% + $1.00 on a business account
Also reaches ZAR accounts over
Also reaches USD accounts over
Set from your location — change it above.The recipient’s account details decide the rail — the fee is always shown before you send.
What the rail sets for a payout over RTC — and what Poplin charges to send.
Settlement
Next day
a ceiling, not the typical time
Reaches
1
country — South Africa
Paid out in
ZAR
South African rand
Business fee
0.75%
plus a $1.00 fixed fee
Clearing
Local
domestic clearing
Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.
How RTC payouts move.
From your US-dollar balance to an account in South Africa — four steps.
You send from USD
Enter an amount in your Poplin US-dollar account and confirm the payout — the full fee shows before you send.
Converted at mid-market
Dollars become South African rand at the mid-market rate — no markup added.
Cleared over RTC
Poplin clears the payout over RTC, South Africa’s near-real-time transfers.
Arrives inside the window
RTC settles within one business day — a ceiling, not the typical time; how fast it lands depends on the receiving bank.
Where RTC reaches.
South Africa
The one country Poplin pays out to over RTC, in South African rand.
Send to South Africa →Paid by clients abroad? You can open a Poplin account from South Africa, with USD, EUR, GBP, and AED accounts they can pay into, and you can then convert to South African rand at the mid-market rate and pay out to a bank account in South Africa over RTC. See what Poplin can do in South Africa →
Sending somewhere else?
Each destination clears over its own set of rails. See the rail, speed, and fee for any destination — or the fee for every rail on one page.
Other rails to South Africa.
RTC — FAQ
Basics What is RTC?
RTC — Real-Time Clearing — is South Africa’s near-real-time interbank credit transfer service, clearing single rand payments within a minute, around the clock, operated by PayInc (formerly BankservAfrica). Poplin pays out to South Africa over RTC, settling within one business day at the latest.
Speed How long do RTC payouts take?
Over RTC, Poplin payouts settle within one business day. Payments leave your account in seconds; RTC then clears the payout to the recipient’s bank.
Cost How much does it cost to send money over RTC with Poplin?
A percentage of the amount plus a $1.00 fixed fee — 0.75% on a business account and 1% on a personal account, shown in full before you send. Conversion, where the payout currency isn’t US dollars, is at the mid-market rate with no markup.
Coverage Which countries does Poplin reach over RTC?
RTC is how Poplin pays out to South Africa, in ZAR. Poplin also reaches South Africa over EFT (ZAR) and SWIFT (USD) — which one a payout uses depends on the bank details your recipient has.
Send US dollars to South Africa over RTC.
Open a Poplin account in minutes. No monthly fees.