Requirements for Opening a Capitec Account
What are the requirements for opening a Capitec account? Capitec is probably the most popular bank in South Africa at the moment. It has been gaining customers to such an extent that it has become, by far, the largest bank in the country in this regard. It may be small in terms of capitalization, but when it comes to sheer numbers, Capitec takes the crown. You are here because you wish to join the bandwagon by opening a Capitec account. What are the requirements for doing so? That’s the information that we will relay to you in this post.
What do I need to open a Capitec account?
The following are the requirements for opening a Capitec account;
- You need a South African ID.
- When opening an account remotely, you need to have a smartphone that takes selfies.
- You should also have a valid email address.
- Capitec also requires that you have a valid South African phone number.
Options for opening a Capitec account
There are a couple of options for those looking to open Capitec bank accounts. To begin with, you can do so via the banks’ mobile app. Another option is to visit your nearest branch. Choose the option that’s most convenient to you. The thing to remember is that whatever the method that you are going to opt for, you are required to have a valid South African ID number in order to open a Capitec Bank account.
Summary
In this article, we gave you the requirements for opening a Capitec bank account. It was revealed that Capitec is a popular destination for those looking to open bank accounts. That’s partly because it’s so easy to do so. You can open an account online or by visiting your nearest Capitec bank branch.
In terms of the requirements, the main thing that you need when opening an account is your South African ID. This can be the old ID book or the new smart ID card. With this, you can quickly and easily open an account. The process is possible even on your phone. So, those are the things that you need to open an account at Capitec.
Find how to add a beneficiary on the Capitec app