Organisation : TymeBank
Facility Name : SendMoney Service
Head Office : Johannesburg
Website : https://www.tymebank.co.za/personal-banking/services/sendmoney/
TymeBank SendMoney Service
SendMoney to anyone with a SA cellphone quick! Quick! It’s instant. It’s easy, and if you’re both with TymeBank, SendMoney is free
Related / Similar Service : TymeBank Online Banking
Why use SendMoney?
** SendMoney to any Mzansi cellphone number
** A small R6 fee when sending to non-TymeBank customersOur fees
** Collect the money at any Pick n Pay or Boxer till point
** Send up to R5 000 per day
How SendMoney Works?
For starters, you need an EveryDay account to SendMoney. Then you can send money to anyone with a valid SA cellphone number (no bank account needed). They can withdraw the money for FREE at any Pick n Pay or Boxer till point or, if umngani wakho also has an EveryDay account, they can withdraw it from any ATM for R9 per R1000.
What it costs & how much you can send :
** To SendMoney from TymeBank to another TymeBank account holder is FREE.
** To SendMoney TymeBank to non-TymeBank costs R6 per transaction. For example, if you send R500 the person receiving it will get R494 (R500 – R6 fee). Or add R6 to the amount you’re sending so that the person getting the money can cashout the full R500 (e.g. R500 + R6 = R506).
So for example : if you’ve already spent R100 on airtime, you have a balance of R4 900 to send. The total amount for all value-added services (which includes prepaid electricity, airtime, data + SMS bundles) is R5 000 per day, dependent on your profile.
How to Use SendMoney?
Enter details :
Login to your EveryDay account online and click on SendMoney. Then enter the cellphone number of the person you’re sending money to and the amount you want to send.
Double check :
Check that you have your friend, bae, or aunty’s details 100% right and click Confirm. Once you’ve made this payment it can’t be undone.
Sending TymeBank to TymeBank?
The money you’ve sent instantly goes into the receiver’s TymeBank EveryDay account and they get an SMS to let them know it’s arrived.
Sending TymeBank to non-TymeBank :
The person you’re sending money to will get an SMS with the Rand value and a 10-digit voucher number. This number is valid for 7 days.
How To Receive Money?
If you bank with TymeBank :
The money will be in your EveryDay account the moment it’s been sent. You can withdraw the money from any ATM for R9 per R1000 in Mzansi, or withdraw it at any till point at all Pick n Pay and Boxer stores for FREE.
If you don’t bank with TymeBank :
You’ll get an SMS with a 10-digit voucher number the second the money’s been sent. Take this voucher number to any till point in a Pick n Pay or Boxer store to cash it out.
How to SendMoney using USSD?
Enter details :
Using the cell phone number linked to your TymeBank account, dial *120*543# then follow the on-screen instructions.
Double check :
You will be asked to confirm the amount and the cellphone number you’re sending money to. Remember, once it’s sent you can’t get it back. If it’s wrong, click 2 to cancel or 0 to go back to the main menu.
Confirmation :
You will get a confirmation message once the money has successfully been sent. Tap Dismiss if you’re done.