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How Do I Withdraw Money From Nedbank Send iMali?
How to withdraw money from Nedbank send iMali or how to send iMali via cell phone with Nedbank’s new app and more answers by reading all the FAQs below.
Furthermore, with Nedbank send iMali it’s so easy to send money to cellphone of friends and family.
All you need is a South African cell phone number and your Nedbank account.
Even if you forget your login details you can get a “Nedbank send-iMali new pin” by dialling *120*001# to generate a unique ATM pin code which you can then use at any Nedbank ATM to access the money, with needing a card.
Nedbank Send iMali – 12 FAQs
These FAQs will help you understand how “Nedbank send-iMali” works. Everything from getting a Nedbank send iMali code or to effecting a reversal.
1. How Do I Withdraw Money From Nedbank Send iMali?
As a recipient, you’ll receive an SMS with an OTP which you can use at any Nedbank ATM to access your money. On the ATM screen you’ll have to select ‘cardless transactions’ and then follow the prompts.
2. What Is Nedbank Send-iMali?
It’s an easy way to send money to family or friends or anyone who has a South African cellphone number. The recipient, or person who you’ve sent the money to, just needs to go to any ATM (Nedbank) where they can withdraw it.
3. How Does Send iMali Work?
Anyone with a Nedbank account can easily send money to anyone with a SA cellphone. It’s even quicker and easier to send money to your registered recipients on your account. On the NetBank Business website, just go to Transactions Payments to process or import multiple or single Send-iMali payments. Copy previous batches when paying the same beneficiaries more than once on NetBank Business. Then you can send money to any of those recipients. Once you’ve sent the money, your recipient will receive an SMS, with the OTP, which they can use to access the money at a Nedbank ATM by selecting ‘Cardless transactions’ on the ATM The OTP will only be valid for 48 hours during which time the recipient can withdraw their money.
4. How To Get a New Pin For Nedbank Send-iMali?
Just dial 120001# opt 3 to request a new OTP.
5. How Long Does Send-iMali Last?
It only lasts for 48 hours after which time the money will return to the sender.
6. Can I Cancel the Send-iMali Before the Recipient Has Received It?
The recipient has 48 hours in which to withdraw the funds, but if it’s not withdrawn in that time the money goes back to the sender’s account.
However, the transaction cannot be reversed at this stage.
7. What’s the Minimum Amount You Can Send?
The minimum amount you can send on NetBank Business is R50
8. How To Apply For Send-iMali
On NetBank Business you need to complete the Transfer and Payment Profile Settings form. Then fill in the Add User details form and for capturing and authorising Send-iMali payments.
9. How To Get a New OTP?
If the recipient didn’t receive the OTP, you can dial *120*001# opt 3 to request a new OTP
10. What If the Balance In the Account Is Zero?
If the recipient has not withdrawn the funds within 48 hours, the money will revert back to the sender so the balance will reflect as R0,00.
11. What If I Send iMali To the Wrong Number?
In this case you’ll need to contact a consultant at Nedbank to get assistance to get a reversal.
12. How Do I Create MobiMoney Wallet?
It’s very easy, you just need to dial 120002# to setup a mobi money account or call 0800 555 111 for assistance.
5 Handy Features Of This Money App
- You can send up to R2,500 per day to anywhere, anytime.
- The cash can be withdrawn by the recipient at any Nedbank ATM, with no additional charges or fees.
- It’s so convenient as you can send money to people who don’t have their own bank accounts – all they need to do is go to their nearest ATM and withdraw the cash.
- You can even send money to yourself if you need to.
- This app allows you access to your money via your cellphone which can come in very handy.
Need a Short-Term Personal Loan?
Lastly, for more information on borrowing money, go here to find out how to get short term personal loans.