Send iMali is the name of the Nedbank eWallet that allows you to send money to anyone in South Africa with a valid cell number using your Nedbank Money App, Cell or Online Banking and MobiMoney.
Nedbank eWallet is a digital wallet offered by Nedbank, a South African banking and financial services company. The eWallet allows users to store money securely in a virtual account, making it convenient and easy to pay for goods and services online, transfer funds to other eWallet users, and withdraw cash at ATMs.
To use the Nedbank eWallet, you need to sign up for the service and load money into your eWallet account. You can then use the eWallet to make purchases, pay bills, and send money to other eWallet users. The eWallet can be accessed via the Nedbank app, which is available for download on the App Store and Google Play.
Overall, the Nedbank eWallet is a secure and convenient way to manage your money and make payments, especially if you don’t have a traditional bank account or if you’re looking for a fast and easy way to transfer funds.
It’s especially useful when you need to send money quickly to someone who doesn’t have a Nedbank account.
Money can be sent to a cellphone number and the recipient will receive an instant SMS with instructions on how to make a cardless withdrawal – it’s simple and convenient!
It could be the most cost-effective option to send money to family and friends all around South Africa.
What is Nedbank eWallet?
This cardless withdrawal facility is a digital method that enables Nedbank customers to transfer cash to anyone, whether or not that person is a Nedbank customer.
The funds can be withdrawn from any Nedbank ATM or partner retail shop. To make withdrawals, beneficiaries will receive a 10-digit voucher number and a four-digit one-time password (OTP) that will be sent to their mobile.
It is similar to the FNB eWallet, Capitec eWallet and ABSA CashSend eWallet service.
How does Nedbank eWallet work?
Nedbank offers a few options which you can use to send money to your loved ones:
Through using the Money App
Sending funds to a mobile number is just that easy using the Nedbank app.
Step 1: Go to Transact and then Pay in the Money app after logging in.
Step 2: Select a single payment option.
Step 3: Fill in the recipient’s information.
Step 4: Click “Pay to a cellular number”.
Step 5: Inform the recipient that the cash code SMS should be used at whichever nearest Nedbank ATM or partner store within 30 days.
Through using Online Banking
It’s very quick to send money to a mobile using this method.
Step 1: Log into your Nedbank Online Banking profile and click the Pay button.
Step 2: Select a single payment option.
Step 3: Fill in the recipient’s information.
Step 4: Choose the “Pay to a cellular number” and continue with the instructions.
Step 5: Inform the recipient that the cash code SMS should be used at whichever nearest Nedbank ATM or partner store within 30 days.
Through using Mobile Banking
Step 1: To begin, dial *120*001#.
Step 2: Enter your mobile banking username and password to log in.
Step 3: Choose the Send Money option and continue with the instructions.
Step 4: Inform the recipient that the cash code SMS should be used at whichever nearest Nedbank ATM or partner store within 30 days.
Through using MobiMoney
Another simple option to send money to a cellphone number is to use MobiMoney.
Step 1: To begin, dial *120*002#.
Step 2: Type your PIN that you use to log in.
Step 3: Click the Send option and continue with the instructions.
Step 4: Inform the recipient that the cash code SMS should be used at whichever nearest Nedbank ATM or partner store within 30 days.
To acquire the cash voucher number and secret PIN if they didnt get the SMS, have the recipient dial *120*001# (Cellphone Banking) or *120*002# (MobiMoney).
How to Withdraw Nedbank eWallet Cash
The receiver will receive a message with the transfer details once you’ve successfully processed the ewallet payment.
To get your money, dial *120*001# on your phone and follow these instructions:
– Select “Nedbank Send-iMali” from the ATM menu and follow the on-screen instructions.
– Then pick “Withdrawal Money” and the transaction you’d like to collect from the drop-down menu.
– You’ll get an SMS containing a pin that will be ready to use in two (2) hours from the time it’s produced.
– Then go to a Nedbank ATM and withdraw your cash.
Can I Reverse the Nedbank eWallet Payment?
Regrettably, the bank will not be able to reverse or correct a payment sent to the erroneous cellphone number by the Send iMali platform.
Only time your cash could be refunded is if the recipient does not withdraw cash within 48 hours of receiving it.
Always double-check the recipient’s telephone number before transmitting.
To prevent this terrible oversight, the best approach is to always transfer e-wallets using the Nedbank mobile app, which gives you access to your phone’s contact list.
That way, you don’t have to manually enter the telephone number; instead, you may choose from your device’s address book, ensuring that you are sending to the correct number.
