Last Updated on November 17, 2022 by admin
As one of the leading commercial bank in South Africa, Nedbank has introduce SMS banking and also have ussd code for financial transaction.
The south Africa bank , Nedbank ussd code you can now Purchase airtime, Pay beneficiaries,Account balance checking, Transfer funds,Play lotto, Purchase pre-paid electricity and Pay tax from the comfort of your zone without visiting any branch …..Hence your mobile phone is now your branch bank.
How to get start?
Nedbank USSD code *120*001# it can do all you need from your bank provided it is carry out from your registered phone number.
Also you can make use of Nedbank MobiMoney, it safe, secure and reliable. just follow the below steps to get start.
The magic code that can performed the job is *120*001#
ALSO READ: ABSA Bank USSD Codes:How to Register, transfer money,pay bills and check account Balance
How do I use Nedbank MobiMoney?
Please dial the USSD string *120*002#, to apply for the digital wallet.
Enrolment is easy, only 3 fields are required (Name, Surname and ID number), create 5 digit pin
What are the fees?
There is no monthly fee for this mobile account. There are fees which will apply for some of the transactions. To view Nedbank fees, Please dial the USSD string *120*002# and select help then fees.
What is MobiMoney transfer limit?
There is also a limit for your transfer transaction, so we are walking you through ton know the limit for various transaction.
MobiMoney is subject to the following transaction thresholds:
• Maximum funds held in Wallet: anytime – R24 000
• Withdrawal daily limit – R4 000
• Payment daily limit – R4 000
• Prepaid electricity daily limit – R1 000
• Prepaid airtime daily limit – R1 000
• Lotto daily limit – R1 000
ALSO READ: African Bank :How to use African bank Internet Banking,Cellphone Banking and banking app service
The above process can enable you carry out Instant payment, Send Money to friends and family without visiting any bank branch all you need is to dial *120*001#
SMS BANKING
To carry out sms banking which also known as send-imali, customers need to login into sms banking portal then you can either transfer, pay bills, by airtime and do more financial transaction from your comfort without visiting any branch.