Capitec Cash Send USSD Code
Capitec Cash Send is an efficient and reliable way of transferring money to friends, family, or even yourself without the need for a bank account. Utilizing Capitec’s USSD code feature, you can send money securely and conveniently with just your mobile phone.
What is Capitec Cash Send?
Capitec Cash Send is a mobile banking service that allows Capitec Bank customers to send money to any recipient in South Africa, even if the recipient does not have a bank account. This service leverages USSD codes and ensures that cash can be sent and withdrawn through Capitec ATMs or selected retail stores.
Benefits of Using Capitec Cash Send
- Convenience: Transfer money anytime and anywhere using your mobile phone.
- Security: Transactions require a unique PIN, ensuring that only the intended recipient can withdraw the funds.
- Accessibility: Recipients don’t need a bank account, making it accessible for everyone.
- Cost-effective: Lower transaction fees compared to traditional money transfer services.
Steps to Use Capitec Cash Send USSD Code
Follow these simple steps to send money using the Capitec Cash Send USSD code:
- Dial *120*3279# on your mobile phone.
- Enter your mobile banking PIN to access your account.
- Select the “Send cash” option from the menu.
- Enter the amount you wish to send.
- Provide the recipient’s mobile phone number.
- Confirm the transaction details.
- You’ll receive an SMS with a withdrawal PIN that you need to share with the recipient.
How to Withdraw Money Sent via Capitec Cash Send
The recipient can withdraw the cash using the following steps:
- Visit any Capitec ATM or selected retail store with Cash Send facilities.
- Select the “Cash Send” option on the ATM or POS terminal.
- Enter the withdrawal PIN provided via SMS.
- Enter the amount to be withdrawn.
- Complete the transaction and collect the cash.
FAQs About Capitec Cash Send
Is there a limit to how much money I can send using Capitec Cash Send?
Yes, there are daily and monthly transaction limits for using the service. It is advisable to check with Capitec Bank for the specific limits applicable to your account.
Is Capitec Cash Send secure?
Absolutely! Each transaction is protected by a unique PIN known only to the sender and the recipient, ensuring the security of the funds.
For more detailed information and other USSD code services, visit USSD Code. Additionally, explore detailed banking services at the Capitec Bank website.
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