Transferring money from your FNB (First National Bank) account to a Capitec account is a straightforward process using FNB’s banking services. By utilizing the eWallet feature, you can send funds quickly and securely. Here’s a detailed guide on how to complete the process.
Step-by-Step Procedure
- Log in to FNB Banking
Start by logging in to your FNB online banking platform or mobile app. Use your secure login credentials to access your account. - Select ‘Send Money’
On the main menu, find and click on the “Send Money” option to begin the transfer process. - Choose ‘Send Money to eWallet’
Among the available sending options, select “Send Money to eWallet.” This feature allows you to transfer funds to a Capitec account via the recipient’s cellphone number. - Select Your Source Account
Choose the FNB account from which you want to send money. If you have multiple accounts, make sure to pick the correct one. - Enter the Amount and Cellphone Number
Input the amount you wish to send and the recipient’s cellphone number associated with their Capitec account. Double-check the number to ensure accuracy. - Send the Money
Once the details are correct, click on “Send” to proceed with the transfer. - Confirm the Transaction
Review all the details of your transaction, including the amount and recipient’s information. Once confirmed, the money will be sent to the Capitec account.
Important Notes
- Fees and Charges: FNB may charge a fee for sending money via eWallet. Check the applicable rates before initiating the transaction.
- Recipient Access: The recipient can retrieve the funds using the provided SMS instructions. If they encounter any issues, ensure they follow the Capitec guidelines for withdrawing or using the funds.
- Transaction Limits: Be aware of daily transaction limits for your FNB account. Ensure the amount you’re sending complies with these limits.
Transferring money from FNB to Capitec using the eWallet feature is convenient and reliable. By following these simple steps, you can ensure your funds reach the recipient safely and quickly. Always verify transaction details to avoid errors, and if needed, contact FNB customer support for further assistance.