Who Is ABSA?
Absa is a leading financial services provider in South Africa that offers a wide range of banking solutions, including cell phone banking. With Absa cell phone banking, you can easily send and receive money, pay your bills, check your account balance, and perform other banking transactions using your mobile phone. In this article, we will show you step-by-step how to transfer money using Absa cell phone banking.
Step 1: Register for Absa Cellphone Banking
To use Absa cell phone banking, you need to first register for the service. You can do this by dialing *120*2272# from your registered Absa mobile number and following the prompts. Alternatively, you can visit any Absa branch and register for the service.
Step 2: Link Your Absa Bank Account to Your Cellphone Number
Once you have registered for Absa cell phone banking, you need to link your Absa bank account to your cellphone number. You can do this by dialing *120*2272# and selecting “Link Accounts” from the menu. Follow the prompts to link your account.
Step 3: Transfer Money Using Absa Cellphone Banking
To transfer money using Absa cellphone banking, follow these steps:
1. Dial *120*2272# from your registered Absa mobile number.
2. Select “Transfers” from the menu.
3. Select “Between My Accounts” or “To Another Absa Account” depending on who you want to send money to.
4. Enter the amount you want to transfer.
5. Enter the recipient’s Absa account number, or select the recipient from your list of beneficiaries if you have already added them.
6. Confirm the transfer details and enter your unique cellphone banking PIN to authorize the transaction.
7. You will receive a confirmation message once the transfer is completed.
If you want to transfer money to someone who doesn’t have an Absa account, you can use the “Instant Money” option. This allows you to send money to any South African mobile number, and the recipient can withdraw the funds from an Absa ATM or retail partner.
Step 4: Add Beneficiaries for Quick Transfers
To make future transfers easier, you can add beneficiaries to your Absa cellphone banking profile. This allows you to quickly transfer money to someone without having to enter their account details every time.
To add a beneficiary, follow these steps:
1. Dial *120*2272# from your registered Absa mobile number.
2. Select “Transfers” from the menu.
3. Select “Add Recipient” and enter the recipient’s account number and name.
4. Confirm the details and save the beneficiary to your list.
5. To do a quick transfer, select “Transfers” from the menu and choose the beneficiary you want to send money to.
Step 5: Keep Your Absa Cellphone Banking Secure
To keep your Absa cellphone banking secure, it is important to follow some basic safety tips:
1. Keep your cellphone PIN safe and don’t share it with anyone.
2. Be wary of phishing scams where fraudsters try to trick you into giving them your banking details.
3. Only use secure Wi-Fi networks or your own data when doing cellphone banking.
4. Check your account regularly for any unusual transactions.
Final Thoughts
Absa cellphone banking is a convenient way to manage your finances on-the-go. By following these simple steps, you can easily transfer money, pay bills, and perform other banking transactions from your mobile phone. Just remember to keep your cellphone banking PIN safe and follow basic security tips to protect your account.
