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Nedbank eWallet
Nedbank eWallet, also known as Send-iMali, is a service that allows you to send money instantly to any South African cellphone number. The recipient doesn’t need to have a Nedbank account and can withdraw the money at a Nedbank ATM without needing a bank card. This service is ideal for sending money to friends, family, or even making payments in situations where traditional banking methods aren’t feasible.
How Does Nedbank eWallet (Send-iMali) Work?
- Send Money via the Nedbank Money App or Online Banking:
- Log in to your Nedbank Money App or Online Banking platform.
- Select the Send Money or Send-iMali option.
- Enter the recipient’s cellphone number and the amount you wish to send.
- Confirm the transaction, and the recipient will receive an SMS with a unique withdrawal code.
- Receiving and Withdrawing the Money:
- The recipient receives a voucher number via SMS.
- They can withdraw the money from any Nedbank ATM by selecting the “Cardless Services” option and entering the voucher code and PIN.
Key Features and Benefits of Nedbank eWallet:
- Instant Transfer: Money is sent and available for withdrawal immediately.
- No Bank Account Required: The recipient doesn’t need to have a bank account to receive and withdraw the funds.
- Convenience: Withdrawals can be made from any Nedbank ATM, and the service is available 24/7.
- Security: Each transaction generates a unique voucher code and PIN, which ensures secure withdrawals.
- Cost-Effective: Sending money via Send-iMali is usually accompanied by a small fee, which can vary depending on the amount sent.
How to Use Nedbank eWallet:
- Using the Nedbank Money App:
- Open the app and log in.
- Choose the Send Money option.
- Enter the recipient’s mobile number and the amount.
- Confirm the details and complete the transaction.
- Using Nedbank Online Banking:
- Log in to Nedbank Online Banking.
- Navigate to the Payments section and select Send-iMali.
- Enter the necessary details, confirm, and the money is sent instantly.
Withdrawal Process:
- Go to any Nedbank ATM.
- Select Cardless Services or Withdraw without a card.
- Enter the voucher code and PIN received via SMS.
- Withdraw the funds.
Fees:
Nedbank charges a small fee for using the Send-iMali service, which can vary based on the amount sent. Check the Nedbank pricing guide for up-to-date fee information.
For more detailed information, you can visit the Nedbank eWallet (Send-iMali) Page.
