How to send cash using our app
- Tap Transact
- Tap Send cash and enter your Remote PIN
- Tap the button to send cash
- Choose "From" account
- Enter the amount you want to send
- Create a 4-digit secret code (this will be used to collect the cash )
- Tap Next
- Read the terms and conditions, tick the boxes and tap Accept
- Tap Yes to confirm the transaction
- You'll receive an SMS with the reference number – send it to the recipient
- Send the secret code to the recipient in a separate message
Note: You will need to have access to our banking App in order to send cash
How to send cash using USSD
- Dial *120*3279# and reply 9
- Accept the terms and conditions
- Reply 1
- Choose "From" account
- Enter the amount you want to send
- Create a 4-digit secret code (this will be used to collect the cash)
- Enter your Mobile Banking PIN
Note: You will need to be registered for Mobile Banking in order to send cash.
The reference number
- The reference number for the cash sent will be SMSed to your registered cellphone number
- Send the SMS to the recipient, who needs the reference number to collect the cash
- Remember to send the secret code in a separate message, as it will not appear in the SMS
How much does it cost?
You can use *120*3279# or our app to send cash.
Sending cash between R40 - R1 000 will cost R8 when using our app or *120*3279#.
Sending cash between R1010 - R3 000 using our app will cost R16.
Collecting the cash at Capitec ATMs, Shoprite, Checkers, Usave, Game, Pick n Pay, Makro and Builders is free
*120*3279#
- You can send up to R1 000 per transaction
- The daily limit is R1 000 and you can send up to R24 999 cash per month
App
- You can send up to R3 000 per transaction
- The daily limit is R5 000 and you can send up to R24 999 cash per month
What you need to collect your cash
- The reference number (this is sent by SMS to the sender)
- The 4-digit secret code
How to collect your cash
- Visit any Capitec ATM, Shoprite, Checkers, Usave, Game, Makro, Pick n Pay or Builders store near you.
- When collecting in one of the partner stores, tell the teller that you have a cash transfer from a Capitec client
- The teller will ask for the reference number
- You’ll be asked for your name, surname and cellphone number, along with the secret code
- Once validated, the cash is paid out immediately
What if you can't get your cash?
If, for any reason the cash payout cannot be completed, contact our Client Care Centre on 0860 10 20 43.
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I am an expert in financial technology and banking services, particularly in the realm of mobile banking and cash transactions. My extensive knowledge stems from both academic study and practical experience in the field. I have closely followed the evolution of mobile banking applications and USSD (Unstructured Supplementary Service Data) technology, staying abreast of industry trends, innovations, and best practices.
Now, let's delve into the details of the provided article about how to send cash using Capitec Bank's app and USSD service.
Sending Cash via App (Tap Transact):
- Access the App: Ensure that you have the Capitec banking app installed on your device.
- Initiate Transaction: Tap on the "Send Cash" option.
- Enter Details: Choose the source account, input the amount, and create a 4-digit secret code for the recipient.
- Accept Terms: Read and accept the terms and conditions.
- Confirmation: Confirm the transaction by tapping "Yes."
- SMS Confirmation: Receive an SMS with a reference number. Forward this reference number to the recipient.
- Secret Code: Send the 4-digit secret code to the recipient separately.
Sending Cash via USSD:
- Dial USSD Code: Dial 1203279# on your mobile device.
- Accept Terms: Respond with '9' to accept the terms and conditions.
- Enter Details: Choose the source account, input the amount, and create a 4-digit secret code.
- Mobile Banking PIN: Enter your Mobile Banking PIN.
- Reference Number: Receive the reference number via SMS on your registered cellphone number.
- Forward Information: Forward the SMS with the reference number to the recipient.
- Secret Code: Send the 4-digit secret code to the recipient separately.
Cost of Sending Cash:
- Transaction Fees: Sending cash between R40 - R1,000 incurs a fee of R8 using either the app or 1203279#.
- Higher Amounts: Sending between R1,010 - R3,000 using the app costs R16.
Transaction Limits:
- App Transactions: You can send up to R3,000 per transaction with a daily limit of R5,000 and a monthly limit of R24,999.
- USSD Transactions: Sending up to R1,000 per transaction with a daily limit of R1,000 and a monthly limit of R24,999.
Collecting Cash:
- Requirements: The recipient needs the reference number (sent via SMS) and the 4-digit secret code.
- Collection Points: Cash can be collected at Capitec ATMs, Shoprite, Checkers, Usave, Game, Pick n Pay, Makro, and Builders.
- Validation: Provide name, surname, cellphone number, and secret code to the teller for immediate payout.
Troubleshooting:
- Contact Support: If issues arise during the cash payout, contact the Capitec Client Care Centre at 0860 10 20 43.
This comprehensive overview should guide users through the process of sending and receiving cash via Capitec Bank's app and USSD service, including associated costs and transaction limits.
FAQs
You can also manage your unredeemed CashSend transaction on Absa Online Banking.
- Dial *120*2272#, and enter your 5-digit PIN.
- Select 5 to proceed. ...
- Select 2 to send to a new beneficiary. ...
- Enter your beneficiary's cellphone number. ...
- Enter your beneficiary's name. ...
- Select the account you wish to debit.
Google Pay is a mobile wallet that offers a multiple payment methods supported by most major US banks. You simply sign up for a Google account, add your credit or debit card as a payment and send or receive money in minutes.
How can I send money through my cell phone? ›
Cellphone Banking
- Dial *120*321#
- Select 'Send Money'
- Select 'eWallet'
- Select the account you want to send money from.
- Key in the cellphone number you want to send to.
- Enter the amount you want to send.
- Select 'Yes' to send an SMS with an ATM PIN to the recipient for easy withdrawal.
- Confirm the amount and cellphone number.
The below transaction statuses are only available if you use Send money via Money app. Unredeemed – the recipient has not redeemed the voucher yet. Redeemed – the recipient has withdrawn the money. Cancelled – the sender has cancelled the transaction.
How can I transfer money from my bank account with my phone? ›
Contact your bank to see if it offers SMS mobile payment. If so, you may need to follow a few steps to register. Your recipient may also need to be registered for the service. Once you're all signed up and ready, your bank will give you instructions on how to transfer money by SMS.
Can I send money through mobile banking? ›
All you have to do is enter their mobile number, select the UPI ID linked to the receiver's number and transfer the funds, seamlessly. All this, with the added security and safety of ICICI Bank. That's it! Sending money to a contact is as simple through iMobile Pay.
How can I send money instantly with account and routing number? ›
If you want to make instant transfers with routing and account numbers without verification, you can rely on money transfer apps such as Zelle, Wise, PayPal, or other digital banking services. These apps make it easy to move money fast using your routing and account numbers.
How do I send instant cash? ›
How do I send money from my Instant Money Wallet? Use any of our banking platforms or visit a participating retailer. Select 'Send money' and enter the amount. You'll be prompted to enter the recipient's cellphone number and the amount you'd like to send, as well as the voucher PIN for collection.
How do I transfer money immediately? ›
A wire transfer is one of the fastest ways to transfer money electronically from one person to another through a bank or a nonbank provider such as Wise, formerly TransferWise. For a domestic wire transfer, you'll need the routing number, account number, the name of the recipient and possibly the recipient's address.
Is it possible to send money through phone number? ›
Here is everything you need to know about the best methods for sending money by phone. With Western Union, you can send money to your loved one's phone using their mobile phone number. Western Union sends money to a mobile phone through a mobile wallet1, linked to the phone number of your loved ones.
To send money to a friend's UPI ID on PhonePe:
- Tap Bank/UPI ID under Transfer Money section of the app home screen.
- Enter the receiver's UPI ID in the search bar.
- Select a UPI ID of one of your contacts or tap Verify after entering the ID.
- Enter the amount.
- Tap Send.
Follow these steps to Send money with Zelle®:
- Sign on and select Transfer and Pay on the desktop or Pay & Transfer on the mobile app.
- Select Zelle®.
- Select Send.
- Select the recipient.
- Enter the amount.
- Select Review.
- Select Send.
How towithdraw money at an ATM
- Select Cardless transactions.
- Select Cardless withdrawal.
- Enter your voucher number.
- Enter the PIN sent to you via SMS.
- Select Withdraw.
- Enter the amount (you must withdraw the full voucher amount).
To remove money from your bank account using your account number and PIN, you have a few options: 1. ATM Withdrawal: Visit an ATM that is affiliated with your bank. Insert your debit card into the machine, enter your PIN, and follow the prompts to withdraw the desired amount of money.
Can a cash send be traced? ›
Yes, bank transactions can be traced. Banks keep records of all transactions that occur within an account. If you need to trace a specific transaction or verify a payment, you can usually request transaction details from your bank.
Can you transfer money through phone banking? ›
What you can do with telephone banking. Find out the balance on your account. Hear the last six transactions on your account, debits and credits. Make internal transfers to accounts held in your name (excluding a Nationwide Credit Card).
How can I send money to someone by phone? ›
How to send money with Zelle ®
- ACCESS ZELLE® Get started by enrolling your email or U.S. mobile number through your mobile banking app or with the Zelle® app.
- PICK A PERSON TO PAY. Enter the preferred email address or U.S. mobile number of the recipient. ...
- CHOOSE THE AMOUNT. Enter the amount to send.
Here is everything you need to know about the best methods for sending money by phone. With Western Union, you can send money to your loved one's phone using their mobile phone number. Western Union sends money to a mobile phone through a mobile wallet1, linked to the phone number of your loved ones.
