Q: What is Tyme Bank?
A: Tyme Bank is a South African digital bank that offers innovative banking solutions, including savings and investment products.
Q: Can I buy Tyme Bank shares on the Capitec App?
A: Yes, you can buy Tyme Bank shares on the Capitec App if you have a Capitec Bank account and a linked EasyEquities account.
Q: What is a linked EasyEquities account?
A: A linked EasyEquities account allows you to invest directly in shares and exchange-traded funds (ETFs) through the EasyEquities platform.
Q: How do I link my EasyEquities account to my Capitec App?
A: To link your EasyEquities account to your Capitec App, follow these steps:
1. Log in to your Capitec App.
2. Go to the ‘Invest’ section.
3. Click on ‘EasyEquities’.
4. Follow the prompts to link your EasyEquities account.
Q: Can I buy Tyme Bank shares through the linked EasyEquities account on the Capitec App?
A: Yes, once you have linked your EasyEquities account to your Capitec App, you can buy Tyme Bank shares through the EasyEquities platform.
Q: How do I buy Tyme Bank shares on EasyEquities?
A: To buy Tyme Bank shares on EasyEquities, follow these steps:
1. Log in to your EasyEquities account.
2. Search for ‘Tyme Bank’ in the search bar.
3. Click on the ‘Buy’ button next to Tyme Bank.
4. Enter the amount of shares you want to buy.
5. Confirm your purchase.
Q: Are there any fees for buying Tyme Bank shares on EasyEquities?
A: Yes, there are fees associated with buying and selling shares on EasyEquities. These include brokerage fees, transaction fees, and VAT. However, these fees are generally lower than traditional stockbrokers.
Q: Can I track my Tyme Bank shares on the Capitec App?
A: Yes, you can track your Tyme Bank shares on the Capitec App. Once you have bought Tyme Bank shares on EasyEquities, your share balance will be displayed under the ‘Invest’ section of your Capitec App.
Q: How do I sell my Tyme Bank shares on EasyEquities?
A: To sell your Tyme Bank shares on EasyEquities, follow these steps:
1. Log in to your EasyEquities account.
2. Click on the ‘Sell’ button next to Tyme Bank.
3. Enter the amount of shares you want to sell.
4. Confirm your sale.
Q: Can I transfer my Tyme Bank shares to another account?
A: Yes, you can transfer your Tyme Bank shares to another account on the EasyEquities platform. However, you may need to pay a fee for this service.
Q: In conclusion, how can I buy and bank Tyme Bank shares on the Capitec App?
A: To buy and bank Tyme Bank shares on the Capitec App, you need to have a Capitec Bank account and a linked EasyEquities account. Once you have linked your EasyEquities account, you can buy Tyme Bank shares on the EasyEquities platform and track your share balance on the Capitec App. You can also sell your shares and transfer them to another account on the EasyEquities platform. It is important to remember that there are fees associated with buying and selling shares, and to be aware of the risks involved in investing in the stock market.
