What is the Absa to Capitec transfer time? Absa and Capitec are two of the biggest banks in South Africa. Capitec takes the crown as the bank that has the largest number of customers. It’s not surprising, therefore, that a lot of people from other banks are looking to transfer money to this bank. But how long does it take for money that is send from Absa to Capitec via EFT to get cleared? We are going to provide you with the relevant information in this article.
Transfer from Absa to Capitec clearance time
The Absa to Capitec transfer time is between 2 and 3 days. If you transfer money towards the weekend, you will have to wait even longer for it to reflect in the recipient account.
Is there a way of doing it faster?
That’s the Absa to Capitec EFT clearance time. You need up to 36 hours for money that is send from Absa to reflect in a Capitec account. That may be too much time for some people. In most cases, people will be looking to have their money transferred instantly. But is there a way of doing this?
The good news is that you can easily get money transferred from Absa to Capitec at a faster pace. All that you need to do is to choose immediate payments for the transfer. When you do this, money is transferred almost immediately. But you do have to pay a small Absa immediate payment fee.
This post was dedicated to showing you the Absa to Capitec transfer time. It was noted that transferring money from Absa to Capitec takes between two and three days. So, you need to be patient. Note, however, that you can opt to have money transferred quicker. In that case, you should use the instant payment option.