Welcome to this article that will guide you through the simple steps to make a stop order using the Capitec app. Stop orders are a convenient way to ensure that funds are automatically transferred from your account on a certain date. In this article, we will take you through the simple process of setting up a stop order in the Capitec app.
What is a Stop Order?
A stop order is a type of automatic transfer that takes place on a certain date to ensure that your accounts are up to date and that you don't miss any payments.
How to make a Stop Order using the Capitec App
There are a few steps that you need to follow to make a stop order using the Capitec app. Below is a breakdown of these steps:
Step 1: Log in to the Capitec App
Since you will be using the Capitec app to create the stop order, you will first need to login to your account on the app. Enter your login credentials, including your username and password, to access your account.
After you have logged in, navigate to the payments and transfers section of the Capitec app. Here, you will find an option to create a stop order. Click on this option to start creating your stop order.
Step 3: Set up the Stop Order
When creating your stop order, you will need to provide certain details, including the name of the beneficiary, the amount to be transferred and the date on which the transfer should be made. Fill in these details as required and preview the stop order before submitting it.
Step 4: Submit the Stop Order
Once you have verified that all the details are correct, click the 'submit' button. The stop order will be set up and will be executed on the date specified.
Conclusion
Creating a stop order on the Capitec app is a simple and convenient way to ensure that your accounts are always up to date. By logging in to your Capitec account, navigating to the payments and transfers section and following the simple steps outlined in this article, you can create a stop order in a matter of minutes. By doing so, you will never miss another payment or forget to transfer funds again.