Today, transferring money is a necessity since everything has to be done fast and effectively. Capitec offers various methods of transferring money that make it easy and convenient for anyone to send or receive money. Here is a guide on how to transfer money with Capitec.
Transferring Money Via Internet Banking
To use the Capitec internet banking option, you will need to have access to the internet and a computer, tablet or smartphone. This option allows you to transfer money from one Capitec account to another Capitec account or to another bank account.
Step 1: Log onto Capitec Internet Banking
To access your Capitec account online, head over to the Capitec website and log in using your username and password.
Step 2: Click on the “Transact” Tab
Once you're logged in, you will see a list of tabs appear at the top of the page. Click on “Transact” to show a list of options to choose from, including 'Payments', 'Transfers' and 'Prepaid'.
Step 3: Choose the Transfer Option
When you click on the “Transfers” option, select “New Transfer” to start a new money transfer.
Step 4: Fill in Details
Fill in the amount you want to transfer, the recipient’s banking details and the reference details.
Step 5: Confirm Transfer
Click on the “Confirm” button to send the money. You will receive a notification confirming that the transfer has been successful.
Transferring Money Via Capitec App
The Capitec App is a great way for Capitec account holders to manage their money, make payments and transfer funds. Here's how you can transfer money using the app.
Step 1: Open the Capitec App
Download and install the Capitec App on your smartphone, and open the app using your login details.
Step 2: Select the “Transact” Tab
Once you are logged in, tap on the “Transact” button located at the bottom of the screen. This will show you a list of transaction options, including transfers, prepaid purchases and bill payments.
Step 3: Select the Transfer Option
Tap on the “Transfers” option to initiate a transfer
Step 4: Fill in the Required Details
Input the recipient’s details, the amount of money you want to transfer and other required transaction details on the Capitec app interface. Make sure everything is accurate before proceeding.
Step 5: Confirm the Payment
Tap the “Confirm” button to approve the transfer. You will receive a confirmation message confirming that the money has been sent to the recipient's account.
Transferring Money Via Capitec ATM
You can also transfer money using a Capitec ATM.
Step 1: Insert Card And Enter PIN
Insert your Capitec card into the ATM slot and enter your PIN.
Step 2: Choose the “Transact” Option
Select the “Transact” option from the available options on the ATM screen.
Step 3: Choose the “Transfer” Option
Choose the “Transfer” option from the list of transactions displayed on the ATM screen.
Step 4: Enter the Recipient’s Details
Enter the recipient’s banking details and the amount you want to transfer.
Step 5: Confirm the Transfer
Confirm your transfer and wait for a notification from Capitec that the transfer is complete. The recipient will also receive a text message detailing the transfer.
Transferring Money Via Capitec Branch
If you prefer face-to-face interactions, you can visit the nearest Capitec branch to transfer money.
Step 1: Visit a Capitec branch
Go to the nearest Capitec branch office in your area.
Step 2: Speak to a Teller
Speak to the teller or customer service representative and request to make a transfer to another account or bank. You will be given a transfer form to fill out.
Step 3: Fill in the Customer Transfer Form
Fill out the customer transfer form with details of the account you want to send the money, including the account owner’s name, bank name, account number, and the amount you wish to transfer.
Step 4: Submit the Form and Wait for Confirmation
Submit the form and wait for confirmation from the teller. The money should be transferred within a few minutes if everything is correct.
There you have it, multiple ways you can transfer money with Capitec. It’s accessible, instant and budget-friendly.
