Transferring money from your Capitec account to a TymeBank account is a seamless and efficient process. You can complete the transaction via the Capitec app, which provides a simple and secure method for sending funds.
Transfer Money Using the Capitec App
Here’s a step-by-step guide to help you with the transfer.
- Log in to the App
- Open the Capitec app on your smartphone.
- Enter your secret Remote PIN to sign in to your account.
- Choose Transfer Money
- From the home screen, tap “Transact” and select “Transfer Money.”
- Select the Accounts
- Choose the “From” account (your Capitec account) and the “To” account (TymeBank).
- If you are sending money to TymeBank for the first time, you will need to add it as a beneficiary:
- Tap “Add Beneficiary.”
- Select “Add Bank Account.”
- Enter the recipient’s TymeBank account number and name.
- Choose “TymeBank” from the list of banks and save the beneficiary details.
- Enter the Transfer Amount
- Input the amount you wish to send to the TymeBank account.
- Confirm the Transfer
- Review the transaction details to make sure everything is correct.
- Tap “Transfer” and enter your Remote PIN to authorize the transfer.
- Receive Confirmation
- Once the transaction is complete, you will receive a confirmation message indicating that the transfer was successful.
- Note: Transfers between Capitec and TymeBank typically take 1–2 business days to reflect in the recipient’s account. Also important to understand Capitec Reverse Payment method.
Additional Information
- Fees: Capitec may charge a small fee for transferring money to TymeBank. Check with Capitec for the latest fee structure.
- Processing Time: Depending on when the transfer is made, it may take up to 1-2 business days for the funds to be available in the TymeBank account.
- Accuracy: Always double-check the recipient’s account details before confirming the transfer to avoid any errors.
Transferring money from Capitec to TymeBank via the Capitec app is a straightforward and secure process. By following the steps above, you can quickly send money with ease, ensuring your funds reach the recipient without any hassle.