Send-iMali – Nedbank is one of South Africa’s biggest financial institutions. Over the years, this reliable financial house has dedicated itself to building more products and services targeted at individual banking and self-service banking. One of the products doing exactly this is the Nedbank iMali.
The Nedbank Send-iMali product has been tailored to facilitate convenient sending and receiving of money. This means Nedbank clients can send money to family members, friends, colleagues, contractors as long as they have a cellphone. Sending money through iMali can be done either through internet banking, the Nedbank App Suite or cellphone banking.
Through internet banking, simply log on to Nedbank internet banking or mobile banking at nedbank.mobi and select the ‘money transfer’ option on the top menu bar (the other channels will follow soon), use the drop down menu and select ‘pay now’, follow the simple set of steps to send money to recipients, using only their cellphone number.
To send through Nedbank App Suite, log on to the App Suite and select the ‘money transfer’ option, read the terms and conditions and accept if satisfied, complete the required fields and then select ‘submit’. The confirmation screen will display a summary of the transactions and you will be requested to confirm the transfer.
iMali through cellphone banking works by dialing *120*001# and select option 1, log in using your profile number and PIN, select ’money transfer’, read and accept the terms and conditions if satisfied, choose an account to debit, enter the recipient’s cellphone number, enter the amount you want to send, and then select ’submit’, a summary of the transaction will appear on your screen and you will be requested to confirm the transfer.
The cost implications are also minimal because the sender is only charged a service fee of R9,50, including VAT for each transaction. If the receiver does not withdraw the money within seven days, the money will be returned to the sender. The R9,50 service fee will however not be refunded.
Nedbank can be contacted on 0860555111.
You can apply for a Nedbank loan here