Capitec Bank is a popular financial institution in South Africa that offers a variety of banking services to its customers. One of the convenient features that Capitec Bank provides is the ability to send cash to friends and family using their Cash Send service. In this article, we will guide you on how to do a Cash Send on Capitec, step by step.
Step 1: Register for Mobile Banking
Before you can use the Cash Send service, you need to register for Capitec’s Mobile Banking. This can be done by visiting your nearest Capitec branch and speaking to a consultant. Once registered, you will receive an SMS with your activation code.
Step 2: Activate Mobile Banking
Once you have received your activation code, you can activate your Mobile Banking by dialing *120*3279# on your registered mobile phone. Follow the prompts to complete the activation process.
Step 3: Access Cash Send Feature
After activating your Mobile Banking, you can access the Cash Send feature by dialing *120*3279# and selecting the Cash Send option from the menu.
Step 4: Enter Recipient Details
Enter the recipient’s cellphone number, the amount you wish to send, and select the recipient’s bank. You will then be prompted to enter your Mobile Banking PIN to confirm the transaction.
Step 5: Confirm Transaction
Review the transaction details to ensure everything is correct, and confirm the Cash Send by entering your Mobile Banking PIN again. Once confirmed, the funds will be sent to the recipient’s bank account instantly.
Step 6: Share Transaction PIN
After completing the Cash Send transaction, you will receive a unique 4-digit transaction PIN. Share this PIN with the recipient so they can withdraw the cash at their nearest Capitec ATM or participating retailer.
Conclusion
Capitec Bank’s Cash Send service offers a convenient and secure way to send money to your loved ones. By following these simple steps, you can easily send cash to anyone in South Africa using Capitec’s Mobile Banking platform. Take advantage of this feature to make financial transactions hassle-free and convenient.
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