Name of the Organization : Absa Bank
Type of Facility : Transfer Cash From Savings/ Cheque Account Via Cellphone Banking
Country: South Africa
Website : http://www.absa.co.za/Absacoza/Individual/Ways-to-Bank/Anytime%2C-Anywhere/Internet-Banking/CashSend
Cheque Account Via Cellphone Banking
Do you need to send money to someone who doesn’t have a bank account? With CashSend from Absa, receiving and sending money is quick and easy.
Related : Absa Bank Travel Insurance South Africa : www.statusin.org/6274.html
The person to whom you have sent the money can withdraw it from most Absa ATMs using a reference number and access code.
You can transfer cash from an Absa savings or cheque account via Absa Online, Cellphone Banking or most Absa ATMs. The recipient can then withdraw the funds without using a card.
They simply select the ‘CashSend Withdrawal’ option at the Absa ATM and enter both the 10-digit code sent to them by the CashSend system and the 6-digit access code you created. You can also send cash to yourself when you don’t have your bank card with you and you need cash.
CashSend could be the right choice if you:
** Send money across the country to family members quickly and easily, whether they have bank accounts or not
** Would like to send money safely and quickly to your children
** Are paying your household staff or gardener
** Have just lost your bank card and need to send funds to yourself
How it works
To send money via Absa Online:
** Login to Absa Online and select ‘Payments’
** Select ‘Pay’ and ‘CashSend Payment’
** Select the account you want to withdraw from, the amount you wish to send and the recipient’s cellphone number
** Create a 6-digit access code, which you must provide the recipient with, and confirm the payment
To send money via Cellphone Banking:
** Login to Cellphone Banking and select ‘CashSend’ and ‘CashSend Payment’
** Logoff and wait for a secure url to be sent to you by SMS
** On the home page, enter the amount you want to transfer and the recipient’s cellphone number
** Create a 6-digit code, which you must provide the recipient with, and confirm the payment
To collect your money:
** Visit an Absa ATM that offers the CashSend facility and select ‘CashSend’ followed by ‘CashSend Withdrawal’
** Enter the 10-digit reference number that has been sent to your cellphone
** Enter the 6-digit access code, together with the exact amount being sent
** Once the transaction has been verified, the money will be issued to you
** Only the full amount can be withdrawn
What you get?:
** The ability to transfer money almost anywhere in the country, without the recipient needing to have a bank account
** The capacity to transfer money that will be available for collection immediately
** The security of knowing that the intended recipient has been issued with both a unique 6-digit access code and 10-digit reference number to verify the transaction
Contact Address
7th Floor
Barclays Towers West
15 Troye Street
Johannesburg
21001