What is the African Bank to Capitec transfer time? How long does it take for an EFT to reflect in a Capitec account after being sent from African Bank? It’s a question that many have been asking. Capitec is the biggest bank in South Africa in terms of subscriber numbers. Meanwhile, African Bank is popular across the country. It’s not surprising, therefore, that a lot of people have been looking to transfer money between the two banks.
How long to transfer money from African Bank to Capitec?
The FNB to Capitec transfer time is between 2 and 3 working days. That’s generally the time that is needed to transfer money between any 2 banks via EFT in South Africa.
Is there a way of speeding things?
That’s the African Bank to Capitec transfer time. We have noted that in general, transfers between banks take up to 72 hours. It’s the norm and it’s not limited to Africa Bank.
But is there anything that you can do to speed things up? Three days can be too long when it comes to business transactions.
The good news is that you can make an instant transfer. You are charged a fee for an instant transfer, but your money will reflect in the receiving account on the same day.
Here is the Nedbank to Standard Bank transfer time
In this article, we showed you the African Bank to Capitec transfer time. We noted that you need up to 3 days for money that you sent to Capitec via EFT to reflect in the receiving account.
It was noted that there are other options for sending money fasters. That’s good news for those looking to have money moved quicker. You can do instant transfers. They are available from every bank, but you need to pay a small fee in order to make the transfer.