Old Mutual has a banking arm that has been growing over the past few years. The attraction for South Africans are affordable monthly fees. If you wish, you can open the Old Mutual Money account, and it will cost you only R4.95 per month to maintain the account. Of course, you may find other offerings…
Capitec and Nedbank are some of the most popular banks in South Africa. Between them, then hold nearly 30 million accounts. It’s not really a shock therefore that each day, thousands of EFT transfers happen between the two banks. But how long does it take to transfer money from Capitec to Nedbank? In this post,…
Most people know Old Mutual as one of the premium insurance companies in South Africa. What they don’t realize is that the company also offers banking services through what is referred to as the Money Account. One advantage of this account is that it is very cheap to maintain. You are here because you wish…
Most people worry about security for their accounts while transacting online. If you are a Capitec customer, that’s something that you may find yourself thinking about. The bank has the largest customer base in South Africa. Virtual cards are meant to make it easier and safe for people to make online purchases and to make…
FNB and Capitec are two of the biggest banks in South Africa. Between them, they hold over 30 million accounts. Capitec is the biggest, with over 21 million clients. When transferring money between the two banks, people often wonder how long it’s going to take for it to arrive at the destination account. Waiting can…
Nedbank has over 7 million customers in South Africa, making them one of the biggest banks. Each Nedbank customer has what is referred to as a banking profile number. That’s separate from their account number. The banking profile is used for internet banking. You need it when logging in. You are here because you have…
Every day we get a number of comments on this site from people complaining that the money that they send from one bank to the other was yet to arrive. What you need to be aware of is the fact that it can take up to 2 days for money that is sent via EFT…
Most of the time when you send money to someone else who uses another bank in South Africa, you wish to have the money delivered there and there. However, this does not always happen. On average, you need 2 days for money to be transferred from one bank to another via normal EFT. The time…
What is the Old Mutual to Standard Bank transfer time? It’s a question that you may be asking yourself if you wish to send money between the two banks. Old Mutual is best known for its insurance offerings. It’s one of the biggest companies in South Africa in this regard. However, the company also has…
If you are a Nedbank customer or if you wish to do business with someone who banks with the bank, you may be wondering how many digits is a Nedbank account number. It’s important when making payments and carrying out other transactions to make sure that money is going to the right place. You also…