How to Transfer Money from FNB to Capitec?

Transferring money from FNB to Capitec is a simple and essential task for many South Africans managing personal or business finances. With multiple banking methods available, such as mobile, online, and cell phone banking, the process is both quick and secure. This guide provide you clear steps to help you complete your transfer with ease.

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Methods to Transfer Money from FNB to Capitec

Transferring money from FNB to Capitec can be done through various convenient methods. Options include using FNB’s online banking platform, the mobile app, or ATMs for quick access. Each method provides a secure way to send funds directly to a Capitec account with ease.

Method 1: Transfer via the FNB Mobile App

• Step 1: Download and Open the App
  Ensure that you have the FNB mobile app installed on your smartphone. If you haven’t installed it yet, download it from the App Store (for iOS) or Google Play Store (for Android). After installation, open the app and log in using your account credentials.
• Step 2: Navigate to Payments
  On the main dashboard, locate and tap on the Payments option. This will take you to the section where you can initiate different types of payments.
• Step 3: Select ‘Once-off Payment’
  Choose the Once-off Payment option if this is a single transaction. If you plan to send money regularly to the same Capitec account, consider adding the recipient as a beneficiary for quicker future transactions.
• Step 4: Enter Capitec Account Details
  Input the recipient’s Capitec account number. When prompted, select “Capitec Bank” from the dropdown list of banks to ensure the payment goes to the correct institution.
• Step 5: Specify the Amount
  Enter the amount you want to send. Double-check this figure to avoid any mistakes.
• Step 6: Add a Reference (Optional)
  If you want, you can add a reference or note to the transaction to indicate what the payment is for. This can help the recipient identify the purpose of the funds.
• Step 7: Review and Confirm
  Before finalizing, carefully review all details of the transaction, including the account number, amount, and reference. Tap on the confirm button to proceed.
• Step 8: Receive Confirmation
  Once the payment is processed, you will receive a confirmation message within the app, indicating that the transaction has been successfully completed. You may also receive an SMS confirming the transaction.

2 Method: Transfer via FNB Online Banking

• Step 1: Login to FNB Online Banking
  Visit the official FNB website and log in using your online banking credentials. Ensure you are accessing the official website for security.
• Step 2: Navigate to ‘Payments’
  Once logged in, look for the Payments tab at the top of the screen and click on it to access payment options.
• Step 3: Select ‘Add Recipient’
  If you’re transferring money to a Capitec account for the first time, click on Add Recipient. Fill in the necessary details, including the recipient’s name, account number, and select “Capitec Bank” from the list of banks.
• Step 4: Enter Capitec Account Details
  Input the account number of the recipient. Make sure that the details are correct to avoid any delays.
• Step 5: Specify the Amount
  Enter the amount you wish to transfer. Double-check the figure to ensure accuracy.
• Step 6: Add a Reference (Optional)
  You can include a reference for the transaction to help the recipient recognize the payment.
• Step 7: Review and Confirm
  Carefully review all transaction details, including the recipient’s information and the amount. Click on the confirm button to initiate the transfer.
• Step 8: Receive Confirmation
  After confirming the transaction, you will receive an SMS or email notification indicating that the transfer was successful. This serves as proof of payment.

Method 3: Transfer via FNB Cell Phone Banking (USSD)

• Step 1: Dial the USSD Code
  Using your mobile phone, dial *120*321# and press Call. This will connect you to FNB’s Cell Phone Banking menu.
• Step 2: Select the Option to Transfer Money
  Navigate through the menu options using the corresponding number prompts. Look for the option that allows you to make a payment or transfer money.
• Step 3: Enter Capitec Bank Details
  When prompted, enter the recipient’s Capitec bank account number. You may also be asked to confirm that you want to send money to Capitec Bank.
• Step 4: Specify the Amount
  Enter the amount you wish to transfer. Be cautious and verify that you have entered the correct figure.
• Step 5: Confirm the Transaction
  You will be prompted to confirm the details of the transfer. Review the information displayed on your phone to ensure accuracy before proceeding.
• Step 6: Receive Confirmation
  After confirming, you will receive an SMS notification indicating that the transfer has been successfully completed. Keep this message for your records.

Also Read: How To Reverse Your FNB eWallet Payments

Final Thoughts

Transfer Money from FNB to Capitec is simple and convenient with multiple options like online banking, mobile apps, and ATMs. Whether you need an immediate transfer or a standard payment, each method ensures secure and efficient transactions. Always consider factors like fees, transfer times, and security for a smooth experience.

Frequently Asked Questions (FAQs)