Capitec has become the largest bank in South Africa when it comes to customer number. It’s true that they still trail Standard Bank in terms of market capitalization, but Capitec’s growth has seen them growing to over 21 million customers. Each day, millions of these customers send and receive money via Electronic Funds Transfer (EFT)….
Old Mutual and Capitec are some of the most recognizable names in the South African banking and insurance sectors. What most people do not realize is that Old Mutual actually has a banking division that is supported by Bidvest. They offer savings and transactions accounts at an affordable rate. You are here because you are…
How long does it take to transfer money from FNB to Nedbank via EFT? It’s something that people have been asking. EFT is the money transfer mode of choice for many people in South Africa. It’s cheaper than most of the other options, but it can take longer for money to be reflected in the…