Nedbank Online banking :How to Send money and register for Online Banking

Last Updated on May 26, 2025 by admin

In an increasingly digital world, managing your finances has never been easier, thanks to online banking services. Nedbank, one of South Africa’s leading financial institutions, offers a comprehensive online banking platform that allows users to perform a wide range of banking activities from the comfort of their homes or on the go.

Online banking lets you manage your finances anywhere  from  computer or laptop and an internet connection. customer, can perform transactions such as funds transfers, bill payments etc. via internet, anytime, anywhere.

Being one of South Africa’s leading banks, with a history that goes back to 1888, Nedbank’s online banking allows you to carry out financial transactions right from your web browser, saving you the hassle of visiting a bank.

This article provides a detailed guide on how to register for Nedbank Online Banking, register for Nedbank Money app and sending money , it will also covered how to create your Nedbank ID and register for  Nedbank Cellphone Banking and many more

Read: How to send money from Absa using CashSend

What You Can Do With Nedbank Online banking

With Nedbank Online Banking, you can manage your finances conveniently from anywhere. Here are some of its key features:

• Secure Login: Use a QR code for safe access.
• Payments & Transfers: Make local and international payments, schedule bill payments, and earn rewards.
• Account Management: Track balances, download statements, and manage debit orders.
• Financial Planning: Check your credit score for free and book a session with a financial advisor.
• Quick Purchases: Buy prepaid electricity, LOTTO tickets, and gift vouchers.
• Savings & Rewards: Unlock better savings with Family Banking solutions.

Read: African Bank Cellphone Banking and WhatsApp: how to use it for transaction

 How do I register for Nedbank Online Banking

You can register for Nedbank Online Banking by following these steps:

1. Go to the Nedbank Online Banking website and select Register.
2. Enter your South African ID number or foreign passport number.
3. Approve the authentication request sent to your registered cellphone.
4. Create your Nedbank ID username and password.
5. Link your profile number, PIN, and password (your old internet banking details) to your new Nedbank ID.

Once registered, you can access a full range of banking services online

How to create your Nedbank ID

Creating a Nedbank ID is simple! Here’s how you can do it:

1. Download the Nedbank Money app.
   
2. Select Register for your Nedbank ID. 
3. Enter your personal details and link your account with your bank card and ATM PIN or with your profile number, PIN and password.
   
4. Accept the Approve-It message.
   
5. Create a Nedbank ID name.
   
6. Create a Nedbank ID password.
   
7. Confirm your new Nedbank ID.

You can also set up your Nedbank ID by going to the branch or signing up for MobiMoney or Avo

How to register on Nedbank Money app

Registering on the Nedbank Money app is straightforward! Here’s how you can do it:

• Download the Nedbank Money app and open it.
• Tap “Log in” and enter your South African ID or foreign passport number.
• Capture your facial biometric image using the in-app camera.
• Accept the Approve-It message sent to your cellphone.
• Create your Nedbank ID username and password.
• Set up biometric login details (Touch ID, Face ID, or fingerprint ID).

How to create Nedbank Cellphone Banking

How to Send money  form Nedbank for instant, cardless withdrawal

To initiate the process, users can access the Nedbank Money app, Online Banking, or Cellphone Banking via USSD. Once logged in, they should select the option to pay or send money to a cellphone, enter the recipient’s cellphone number, and specify the amount to be sent.

After confirming the transaction, the recipient will receive an SMS containing a voucher code and a one-time password (OTP) to withdraw the money at any Nedbank ATM or participating store.

You can send money to any South African cellphone number from the Money app, Online Banking or Cellphone Banking (*120*001#)Once sent, the recipient will get an SMS containing a voucher code they can use to make their withdrawal within 30 days.

There are certain limits on the amount of money that can be sent via Nedbank for instant withdrawals. The default maximum transfer limit is R2,500 per day, but users have the option to increase this limit to R5,000 by visiting a Nedbank branch or using the Nedbank Money app or online banking.

How to send money from Nedbank Money app

1. Log on with your Nedbank ID, app PIN or Face ID.
2. Go to Transact and tap Pay.
3. Choose Send money and select your preferred option.
4. Enter the amount you want to send.
5. Select the account you’d like to send from.
6. Edit the reference if needed, and tap Pay.
7. We’ll send the recipient an SMS with their cash voucher PIN code.

Read: How to Send Money, buy Airtime,Check Account balance with Nedbank ussd code using Send-imali

How to send money on Online Banking

1. Log in to Online Banking and go to Pay.
2. Click on Single payment.
3. Enter the recipient’s details.
4. Choose to pay to a cellphone number and follow the easy steps.

How to send money on Cellphone Banking

1. Dial *120*001# from your cellphone.
2. Enter your login credentials.
3. Choose the Send money option and follow the easy steps.
4. The bank will send the recipient an SMS containing their cash voucher PIN code.

How to Change your forgotten Nedbank password

If you’ve forgotten your Nedbank ID password, you can reset it using the Money app or Online Banking. Here’s how:

On the Money App

1. Go to the Money app login screen.
2. Select “Forgot your password” and tap “Reset password”.
3. Accept the Approve-It message sent to your cellphone.
4. Enter your new password—make sure it’s secure and different from previous ones.

Through Online Banking

1. Log in to Nedbank Online Banking.
2. Navigate to the password reset section.
3. Follow the prompts to set a new password.

What should I do if I suspect unauthorized activity on my account?

If you suspect unauthorized activity, immediately log into your Nedbank online banking account to change your password

1. Call the bank immediately on 0800 110 929 or +27 102174330 if you are calling from outside of South Africa.
2.     Check all your accounts for any fraudulent transactions.
3.     Report the incident to the South African Police Service as soon as possible.
4.     Keep a record of all reports, including who you have reported the matter to, the dates, times, and reference numbers.
5.     Provide any additional information requested by our investigation team as soon as possible.

What if my Nedbank ID or profile has been locked?

If your Nedbank ID is locked, simply reset your password in the following steps: 

1. Go to the Money app login screen.
2. Select Forgot your password and then tap Reset password.
3. You will now receive an Approve-it message. Please read it carefully and press 1 to accept it.
4. Enter your new password on the What would you like your new Nedbank ID password to be? screen.
5. Tap Change password.
6. If the change was successful, you will now be able to log in with your new password. 
7. For security reasons we may need to confirm your banking information. 

How to Change your Nedbank Password

You can change your Nedbank password using the Money app or Online Banking. Here’s how:

Using the Money App:

1. Open the Nedbank Money app.
2. Go to the login screen and select “Forgot your password”.
3. Tap “Reset password”.
4. Approve the Approve-it message sent to your cellphone.
5. Enter your new password and follow the security guidelines.

Using Online Banking:

1. Log in to Nedbank Online Banking.
2. Navigate to the password reset section.
3. Follow the prompts to create a new password.

Make sure to choose a strong password that you haven’t used before

How do I change my Nedbank ID  password?

Once logged in, select “Profile” > “Change Password.” Enter your current Nedbank ID password, then enter and confirm your new password. Passwords must be 8-16 characters long, with a minimum of 4 alphabetical characters, including lowercase and uppercase letters, a number, and a special character.

How do I change my Nedbank ID username?

You can change your Nedbank ID username using the Money app or Online Banking. Here’s how:

Using the Money App:

1. Log in to the Nedbank Money app.
2. Tap More, then go to Login and security.
3. Select Nedbank ID and choose Change username.
4. Enter your new username in the provided field.
5. Tap Change username to complete the process.

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How do I delete a scheduled  Nbank payment?

You can delete a scheduled Nedbank payment using Online Banking or the Money app. Here’s how:

Using Online Banking:

1. Log in to Nedbank Online Banking with your Nedbank ID.
2. Go to Cards and select the credit card linked to the scheduled payment.
3. Choose Scheduled Payments to view existing transactions.
4. Select the payment you want to delete.
5. Click Delete Payment, then Confirm to finalize the removal.

Using the Money App:

1. Log in to the Nedbank Money app.
2. Go to Scheduled Payments under your account settings.
3. Select the payment you want to delete.
4. Tap Delete Payment, then Confirm to complete the process.

What is the daily payment or transfer limit on Nedbank?

 For security reasons, Nedbank limits how much money can leave your account in a day. Both you and Nedbank set this limit. The maximum payment or transfer limit is typically R150,000 a day.

You can change this limit by using the Money app or Online Banking, visiting your nearest branch, or calling +27 (0)860 555 111.

Read: Standard Bank of South Africa Cellphone banking: How to Check account balances, Buy airtime, transfer money and paybill with USSD codes

How do I change my Nedbank payment limits?

You can change your Nedbank payment limits using the Money app or Online Banking. Here’s how:

Using the Nedbank Money App:

1. Log in with your Nedbank ID, app PIN, or Face ID.
2. Tap More on the menu tab at the bottom of the screen.
3. Select Settings, then Profile settings.
4. Tap Profile limits, then Payment limit.
5. Use the slider to adjust your payment limit.
6. Tap Update limits to save the changes.

Using Online Banking:

1. Log in to Nedbank Online Banking.
2. Navigate to Profile settings.
3. Select Payment limits and adjust the amount.
4. Confirm the changes to update your limit