Capitec Branch Code is a unique identifying code for Capitec Bank Limited. The Capitec Universal Branch Code is 470 010. The purpose of this article is to help Capitec Bank customers find Capitec Branch Codes. Capitec Bank is one of the largest retails banks in South Africa. In August 2017, Capitec South Africa was the second largest retail bank in the country. This was based on a number of customers opening new accounts per month. The bank operates branches in all parts of the country.
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Capitec Branch Code
Branch code for Capitec Bank is 470 010. Capitec Bank Limited uses a universal branch code, while other banks use specific codes for each branch. It’s very important to know branch code for Capitec bank. It’s also important to know the Universal Branch code for Capitec although it’s the same thing.
A Capitec universal branch code, also known as a generic code, is a user-friendly code offering a single code for all the Capitec branches in South Africa. Universal branch codes such as Capitec’s are usually assigned by central banks.
For example, if you want to send money to a Capitec account holder, you will use their Capitec Branch code. If don’t know the branch code for Capitec, it will automatically appear under “branch” details after you put the account number. 470 010 is the Capitec Branch Code.
Why Use Capitec Branch Code in South Africa?
A Capitec Branch code is used when processing bank accounts payment in South Africa. Usually, the branch code is found on the Capitec Bank Card. It is located near your account number. Capitec customers use the universal branch code so that money can be transferred to the right recipient.
Please note that the branch codes for Bloemfontein, Cape Town, Polokwane and Randburg, are the same. When you search for the Capitec branch code using the Capitec branch locator, all the results come with the same branch code, which is 470010.
Our universal branch code is: 470010 .
— Capitec (@CapitecBankSA) December 19, 2018
the following swift instructions can be provided to the foreign bank:
Bank name: CAPITEC BANK
Bank country: South Africa
SWIFT code for Capitec Bank: CABLZAJJ
Branch code: 470010
— Capitec (@CapitecBankSA) January 28, 2018
Image Courtesy: twitter.com/capitecbanksa
Contributing writer at Quick Read Magazine. Loves reading books. Passionate in exploring and cooking local cuisines. Enthusiastic as an amateur cricket player.