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Nedbank Send-iMali

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Nedbank Send-iMali is an eWallet service that lets you transfer cash to anyone in South Africa who has a valid mobile number. The monies can then be withdrawn at any Nedbank ATM by the receiver.

Using Send-iMali, you may pay wages and salaries to staff who don’t have a bank account but do have a valid South African mobile number, up to R4 000 every transaction. In an emergency, you may also utilize it to transfer money. The transaction takes place in real time and is free of charge to the receiver.

Nedbank Background

Nedbank Group, with Nedbank Limited as its major banking company, is one of South Africa’s four largest banks. The major market for the Nedbank Group is South Africa, but we are continuing to grow throughout the rest of Africa.

We have subsidiaries and banks in Lesotho, Mozambique, Namibia, eSwatini (Swaziland), and Zimbabwe, and we operate in the Southern African Development Community (SADC) in five nations.

What is Nedbank Send-iMali and how does it work?

Nedbank Send-iMali is especially useful when you need to send money quickly to someone who doesn’t have a Nedbank account.

Whats great is the fact that it might be one of the most cost-effective option to send money to family and friends all around South Africa.

How to Send Cash

You may send money to a loved one’s mobile number using the Nedbank eWallet or Send iMali.

The ewallet facility gets its name iMali from a Zulu term that implies money.

Within 30 days, help a friend or relative in withdrawing money safely from any Nedbank ATM or participating store. Nedbank gives them a cash code SMS that they may use to withdraw cash without a card when you transfer money to their mobile.

Send iMali allows you to send a maximum of R2,500.00 every day. It will only cost you R8.50 to send a payment of less than R1,000.00 and R14.00 to submit a payment of more than R1,000.00.

Your loved ones will get the funds immediately and will be able to withdraw them.

The most intriguing component of the Nedbank eWallet is the time frame in which a receiver can collect funds.

How to Use the Money App

Paying money to a mobile is a breeze with our app.

Step 1: Go to Transact > Pay in the Money app after logging in.

Step 2: Select a single payment option.

Step 3: Fill up the recipient’s information.

Step 4: Select “Pay to a cellular number” and follow the simple instructions.

Step 5: Remind the receiver that the cash voucher SMS must be used within 30 days at any Nedbank ATM or participating store*.

If the receiver hasnt got the SMS with the cash voucher number and secret PIN, have the recipient dial *120*001# (Cellphone Banking) or *120*002# (MobiMoney).

How to Use Online Banking

It’s very quick to send money to a mobile using this method.

Step 1: Log in to Online Banking and select Pay from the drop-down menu.

Step 2: Select a single payment option.

Step 3: Fill up the recipient’s information.

Step 4: Select “Pay to a cellular number” and follow the simple instructions.

Step 5: Remind the receiver that the cash voucher SMS must be used within 30 days at any Nedbank ATM or participating store*.

Using Mobile Banking

Step 1: To begin, dial *120*001#.

Step 2: Log in to your mobile banking

Step 3: Select Send Money and follow the simple instructions.

Step 4: Inform the receiver that the cash voucher SMS must be withdrawn within 30 days at any Nedbank ATM or participating store*.

Using MobiMoney to send money

Step 1: To begin, dial *120*002#.

Step 2: Enter your PIN to log in.

Step 3: Select the Send option and follow the simple instructions.

Step 4: The receiver must use the cash voucher SMS within 30 days.

Send Imali for Business

How may Send-iMali help your company?

Using Send-iMali, you may pay salary and wages to employees who don’t have a bank account but do have a legitimate South African mobile number, up to R4 000 every transaction.

In an emergency, you may also utilize it to transmit money. The transaction takes place in real time and is free of charge to the receiver.