Send Money from Canada to Nedbank
Nedbank, South Africa
Nedbank(NED) Group is one of South Africa's largest banks, with headquarters in Johannesburg. In terms of assets, the banking group is the fourth largest in South Africa, with a strong deposit franchise and the second largest retail deposit base. Nedbank's five main business clusters, Nedbank Capital, Nedbank Corporate, Nedbank Business Banking, Nedbank Retail, and Nedbank Wealth, provide a wide range of wholesale and retail banking services, as well as expanding insurance, asset management, and wealth management.
How to Send Money to South Africa with Nedbank
Follow these five simple steps to send money to a Nedbank account:
- To use RemitBee, you must first create an account. A user-friendly digital wallet is also included
- Your full name, address, and job title will be requested. Both the mobile number and the email address must be up to date since it will be verified.
- The recipient's name, address, and phone number will be requested after that. The swift code of the beneficiary bank and the recipient’s bank account number must also be provided.
- After you've entered the amount you want to transfer, you'll need to choose a payment method. All you have to do now is follow the on-screen instructions to complete the transaction. Fees are unaffected by currency fluctuations.
- You will be notified via email once the transfer is complete. With the RemitBee app's tracking feature, you can keep track of your money transfers.
Why send money directly to Nedbank
There are several benefits to using RemitBee's online money transfer service. The following are just a few examples:
- When you use RemitBee, you can send money to anyone, anywhere, and at any time. There will be no need to go to a bank or remittance center.
- Because we have been doing this for years and have a track record to prove it, you can be rest assured that your payments will be moved safely.
- The beneficiary will receive the funds as soon as the transfer is completed successfully.
- You won't be charged anything extra if you transfer $500 or more using the RemitBee Wallet.
What information you’ll need to complete the transfer
Before sending a RemitBee transfer, double-check that you have all of the necessary information:
- Full name of the recipient as it appears on their bank statement
- The recipient's mobile number and home address
- Swift code for Nedbank (NEDSZAJJ)
- Bank account number of the recipient
How Remitbee calculates the CAD to ZAR Exchange Rate
A cost estimate for each transfer can be provided ahead of time. Our currency exchange rates are some of the best in the industry. Sending money with a credit card incurs a fee; however, sending money with RemitBee Wallet is completely free.
Which other banks in South Africa can you send money to?
How international money transfers work
A CAD/ZAR exchange rate will be established by one of the banks. Funds are then sent using the swift system.
Check our refer and earn program!
Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.
Frequently Asked Questions
How can I pay for my money transfer to Nedbank?
Electronic money transfers, debit or credit card payments, bill payment, and Interac Online are all acceptable methods of payment.
What is the maximum amount I can send to a Nedbank account?
If you have a verified RemitBee account, the maximum monthly and daily transfer amounts are $50,000 and $9,000, respectively.
Does RemitBee have a referral program?
Yes! Anyone who refers three people who successfully complete their first transfer will receive a $50 reward.
What is the CAD to ZAR exchange rate today?
The CAD to ZAR exchange rate is currently 1 CAD for ZAR. This changes daily.
Download Remitbee Mobile App
Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.
