Why can I not open a current account?

If you’re bankrupt or have a record of fraud, you will not usually be allowed to open a bank account. Also, you may be refused permission to open a current account if you have a poor credit rating. However, if you’re bankrupt or have a poor credit rating, you may be able to open a basic bank account.

Can I open another current account?

You can’t have more than one current account In a word – false. You can have as many current accounts across as many different financial institutions as you like. There could also be benefits to having more than one bank account.

How do I create a Nedbank account?

How to register on the Money app

Download and open the Money app.
Tap on ‘Log in’.
Select ‘Personal profile’.
Enter your South African ID number or foreign passport number.
Accept the Approve-it message on your cellphone.
Create your Nedbank ID username and password.

Is Think Money Safe?

Yes, your money is protected. We are an Electronic Money Institution (EMI), authorised and regulated by the Financial Conduct Authority (FCA). The money you hold in your thinkmoney Current Account is not protected under the Financial Services Compensation Scheme (FSCS), like traditional high street banks.

Is it good to have 2 current accounts?

A lot of people seem to think you can only have one bank account at a time. But you can actually have multiple current accounts with various banks. Having more than one bank account should not affect your credit score, unless you try to open loads of new ones in a very short space of time.

How do I get proof of my Nedbank account?

Log in to your Online Banking.
Select the account you’d like to see proof of.
Click on ‘Share Account Information’.
Click on ‘Share proof of account via email’.
Enter a single or multiple email addresses.

Does Nedbank do smart ID?

Absa, FNB, Nedbank, and Standard Bank have had multiple branches supporting the service for several years. The tables below show all of the bank branches where you can book appointments to capture biometric data for your smart ID and passport application, and collect your documents when they are ready.

How to apply for a Nedbank savings account?

To process your application online we require a valid identity document. If this isn’t possible, you can either call us on 0860 6332265 to apply or complete the form below to contact our non-resident relationship banking team.

Why are there so many Nedbank Current accounts?

Nedbank offers an extensive amount of different Nedbank current accounts. The Nedbank Current Accounts are made for different people in different walks of life so they’ll benefit more people. In other words, because there are so many different types of accounts, they’re more flexible and thus, more Savvy.

What can I expect from a Nedbank savvy bundle account?

With the Nedbank Savvy Bundle account, you can expect the whole enchilada, a traditional account with all the bells and naturally all the whistles, access to credit, unlimited use and the convenience of a variety of channels to bank through.

How old do you have to be to open Nedbank 4ME account?

The Nedbank 4Me Account was creates for everyone under the age of 18 with the purpose in mind of helping to teach your child how to become financially fit from a young age and also, help them to save for the things they want to buy, be it a toy, concert ticket or taking mom or dad out for their birthday.

Do you get interest on your Nedbank account?

Easily manage your account on the go with the Nedbank Private Wealth Mobile App. The current account pays interest, when available, which is calculated daily and credited to the account on a monthly basis as long as your cash balance is over the minimum £10,000.

What kind of accounts does Nedbank Namibia have?

These are transactional accounts for your day-to-day banking needs such as deposits, withdrawals, payments, etc. Loading…

Are there any problems with the Nedbank network?

@Williebounce7 @Rbjacobs And this issue was never solved @AbsaSouthAfrica @Nedbank @CapitecBankSA @StandardBankZA anyone who can help. @FNBSA has failed me ??? @VGxokonyeka @Nedbank No customer service at all??