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Nedbank MobiMoney | All About Phones

Nedbank MobiMoney

In its effort to putting affordable banking in the hands of every single South Africa, Nedbank has rolled out its New MobiMoney, a wallet-based account solution that allows any South African to open an account, anywhere, anytime, all you need in order to open an account is your ID and cellphone.

Its easy to open and you dont need to visit Nedbank branch – no paperwork, no queuing and most of all your money is safe.

Open MobiMoney and get the following amazing benefits:

  • No monthly account maintenance fees!
  • Send to and receive money from anyone
  • Buy prepaid airtime / data, or electricity
  • Deposit or withdraw from the mobile account at any Nedbank ATM or selected Retailers

How apply and use Nedbank MobiMoney:-

Dial *120*002# on your cellphone (You will get a Nedbank MobiMoney welcome message, choose option 1 to open MobiMoney account).

Accept terms and conditions,fill in your name as it appears on your South African ID, provide your ID number and create 5 digit pin.

Through Nedbank MobiMoney you deposit, withdraw, or remit cash at any Nedbank ATM or retail stores.
Your cellphone number is the wallet number.

MobiMoney transfer limit

MobiMoney is subject to the following transaction thresholds:
• Maximum funds held in Wallet: anytime – R24 000
• Withdrawal daily limit – R4 000
• Payment daily limit – R4 000
• Prepaid electricity daily limit – R1 000
• Prepaid airtime daily limit – R1 000
• Lotto daily limit – R1 000

MobiMoney – Brought you by Nedbank