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Nedbank MobiMoney is a mobile-based wallet that uses your valid cellphone number as a store of value and allows you to perform the below transactions:
- Send Money
- Buy airtime
- Buy Electricity
- Cardless withdrawals
MobiMoney is easy to open, with no queuing or documents to fill out. All you need is your phone and valid national ID to register. Your cellphone number becomes your Nedbank account number so that you can bank anytime, anywhere.
Most importantly, your money will be safe as your MobiMoney wallet has a PIN.
To open your MobiMoney wallet and register with Nedbank, simply dial *120*141# and follow the prompts. It’s that simple!
Transaction type |
MobiMoney limits |
Maximum daily deposit allowed |
M10,000 |
Maximum Monthly balance allowed |
M20,000 |
Daily cash withdrawal allowed |
M5,000 per day |
Maximum send value allowed |
M10,000 per day
|