Universal Branch Codes for South African Banks
| Bank | Branch Code |
|---|---|
| FNB | 250 655 |
| ABSA Bank | 632 005 |
| Nedbank | 198 765 |
| Standard Bank | 051 001 |
| Capitec Bank | 470 010 |
| Bidvest Bank | 462 005 |
| Investec | 580 105 |
| Bank of Athens | 410 506 |
| SA Post Bank (Post Office) | 460 005 |
| African Bank | 430 000 |
| Tyme Bank | 678 910 |
Please note that the branch codes provided are for reference and may be subject to change. It’s always a good idea to verify the branch code with the respective bank or their official website for the most up-to-date information.
You need the universal branch codes as a South African who uses telephone banking and online banking in South Africa.
Branch Code vs Universal Branch Code
Here’s the difference between a branch code and a universal branch code.
Branch Code
In South Africa, a branch code is a unique numerical identifier assigned to each specific branch of a bank. It helps to identify the exact location of the bank branch where an account is held. Customers are typically required to provide the correct branch code when conducting transactions, such as making electronic fund transfers or linking accounts.
Universal Branch Code
A universal branch code is a single branch code that can be used for multiple branches of a particular bank. Universal branch codes are primarily designed for convenience in situations where customers may not have the specific branch code for a particular transaction. They allow customers to use a single branch code for various branches of the same bank.
While universal branch codes can be useful for certain transactions, not all banks have universal branch codes. It’s important to note that some banks may still require the use of specific branch codes for certain transactions, particularly when dealing with unique account types or specialized services. Therefore, it’s advisable to verify the correct branch code with your bank to ensure accurate and successful transactions.
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