Nedbank Account Number Starts With
Nedbank is a major bank in South Africa and across the region. It has branches all over the country. You are here because you are wondering what a Nedbank account number starts with. How do you identify that this account number belongs to the bank? It’s something that can be done for any bank in the country. Each has a unique starting number or sequency. So, what’s the one for Nedbank?
Initial digit for a Nedbank account number
A Nedbank South Africa Current Account number starts with a 1. It has 10 digits. Meanwhile, a Call Account number starts with a 0 and has 12 digits. It also has 6 investor numbers. Similarly, a Term Loan account number has 12 digits plus 6 investor numbers. Finally, a Customer Foreign Account Number (CFC) has 10 digits and starts with a 7. The table below gives the full structure of different Nedbank accounts;
| Account Type | Account Digits | Account Structure | Starts With |
|---|---|---|---|
| Current | 10 digits | 1XXXXXXXXX Starts with a 1 | 1 |
| Call | 12 digits + 6 Investor numbers | 037881XXXXXX – YYYYYY | 037881 |
| Term Loan | 12 digits + 6 Investor numbers | 057831XXXXXX – YYYYYY | 057831 |
| CFC | Consist of 10 digits | 7XXXXXXXXX | 7 |
Is a Nedbank Profile Number the same as an account number?
A lot of people get confused when it comes to Nedbank profile numbers and account numbers. Please note that a Nedbank profile number is not the same as a Nedbank account number. A profile number is used for online banking. You need it to log into the Nedbank online portal and into other Nedbank digital platforms.
Why would you need this information?
There are many instances where an account number is required. Let’s say you wish to make a payment to someone. In that case, you need to be sure that the number that you have is the correct one.
If in doubt, you may have set out to ask for the first digit on a Nedbank account number. Getting everything right is important if you wish to avoid delays.
Maybe you are looking for this information out of curiosity. Or maybe you wish to open a Nedbank account. Perhaps you have recently opened one and you are struggling to distinguish between the profile number and the account number.
Summary
In this post, we answered those who have been asking what a Nedbank account number starts with. It was noted that the starting digit for a Nedbank account depends on the type of account that you have.
We also distinguished between a Nedbank profile number and a Nedbank account number. We noted that they are two different things. Also discussed were situations where you may end up needing to find out what a bank’s account number begins with.