Fnb to capitec bank transfer time moneytoday
A very specific question!
When transferring money from FNB to Capitec Bank, the transfer time and fees depend on several factors, including the type of account you have, the amount being transferred, and the transfer method used. Here's a general breakdown:
Transfer Methods:
- FNB Online Banking: Transfers are usually processed instantly, and the funds are available in your Capitec Bank account within 30 minutes to 1 hour.
- FNB Mobile Banking: Transfers are usually processed instantly, and the funds are available in your Capitec Bank account within 30 minutes to 1 hour.
- FNB Branch: Transfers are usually processed within 1-2 hours, and the funds are available in your Capitec Bank account within 2-4 hours.
- FNB ATM: Transfers are usually processed within 1-2 hours, and the funds are available in your Capitec Bank account within 2-4 hours.
Fees:
- FNB Online Banking: No transfer fee for FNB customers.
- FNB Mobile Banking: No transfer fee for FNB customers.
- FNB Branch: R10 transfer fee for FNB customers.
- FNB ATM: R10 transfer fee for FNB customers.
Capitec Bank Fees:
- Receiving Fee: Capitec Bank charges a receiving fee of R10 for transfers from other banks.
Total Transfer Time and Fees:
Assuming you're using FNB Online Banking or Mobile Banking, here's a rough estimate of the total transfer time and fees:
- Transfer time: 30 minutes to 1 hour
- FNB transfer fee: R0 (free for FNB customers)
- Capitec Bank receiving fee: R10
- Total transfer fee: R10
Please note that these times and fees are estimates and may vary depending on the specific circumstances of your transfer. It's always a good idea to check with your bank for the most up-to-date information on transfer times and fees.