Capitec Cash Send service helps Capitec customers send cash anywhere in the country using their mobile devices. In this article, you will learn more about Capitec Cash Send and how it works in South Africa. Use the Capitec App or mobile banking to make fast, convenient and secure transactions.
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Most people in South Africa always wondered how the Capitec Cash Send works and how they can send money via Capitec e-wallet, how to reverse Capitec Cash Send and whether the service is reliable. Many people use the Cash Send service to send money to family and friends anywhere in the country.
What is Capitec Cash Send?
The Capitec Cash Send is a Capitec Bank service that allows Capitec clients to send cash to a person who does not have a bank account, who can then collect cash from any Capitec ATM, Shoprite, Checkers, Usave, Game, Makro, Pick n Pay or Builders store.
How to Send Cash Using Capitec App
- Step 1: Open your Capitec App
- Step 2: Click “Transact”
- Step 3: Click “Send cash” and enter your Remote PIN
- Step 4: Click the button to Capitec send cash
- Step 5: Select “From” account
- Step 6: Enter the amount you want to send
- Step 7: Create a 4-digit secret code (this will be used to collect the cash ) and click ‘Next’
- Step 8: Read the terms and conditions, tick the boxes and click ‘Accept’
- Step 9: Click ‘yes’ to confirm the transaction
- Step 10: You will receive an SMS with the reference number that you need to send to the recipient
- Step 11: Send the secret code to the recipient in a separate message
How to Send Cash Using USSD
Make sure that you are registered for Mobile Banking in order to send cash using the Capitec Cash Send USSD code *120*3279#
- Step 1: Open your mobile phone
- Step 2: Dial *120*3279# and reply 9
- Step 3: Accept the terms and conditions
- Step 4: Reply 1
- Step 5: Select “From” account
- Step 6: Enter the amount you want to send
- Step 7: Create a 4-digit secret code (this will be used to collect the cash)
- Step 8: Enter your Mobile Banking PIN
Capitec Cash Send Withdrawal
How does Capitec Cash Send work? Collecting cash is free for the recipient. The transaction limits to send cash are as follows: up to R3,000 per transaction, a total daily limit of R5,000 and a total monthly limit of R24,999.
R8.50 per transaction is charged to the sender, Capitec Cash Send withdrawal is free for the recipient and can be done immediately at any Capitec ATM, Shoprite, Checkers, Usave, Game, Makro, Pick n Pay or Builders store.
To collect the money, you need to visit any of the above stores with your South African ID, along with a Capitec Cash Send reference number and 4-digit secret code provided by the sender.
The teller will ask for the reference number along with your name, surname, cellphone number and secret code. Once validated, the cash is paid out immediately.
Image Courtesy: www.capitecbank.co.za