Cash withdrawals from Capitec-branded ATMs will cost R6 per R1,000, while all other bank ATM withdrawal fees will be lowered to R8 per R1,000. Capitec Bank – the fastest growing retail bank – has announced its 2017 pricing. Withdrawals from a none-Capitec ATM will cost you R9 per R1000. Automatic travel insurance when buying international return travel tickets can be topped up with a number of options for additional cover. Capitec contact centre. How much are you paying to convert your Rands? For a monthly admin fee of R5 (down from R5.80), you get access to our Global One solution – offering you a main savings account, 4 free savings plans, cellphone banking (our app and *120*3279#) and Internet Banking. We also continue to lead the market for immediate payments with a minimal R8 fee, compared to the industry average of about R50. An international money transfer can take 1-5 days to be processed, depending on where the money is being sent to and from, and the provider doing the transfer. ‪Check out the fee comparison for making international payments. Cash withdrawal fees at retailers provide an alternative to ATMs and are an affordable R1.20 per withdrawal. You can download the latest 2020 fees flyer here. When you use the Capitec card to book for your flight, the international payments remain free and you will not be charged for currency conversion fees when you decide to make payments in the local currency. R8 cash withdrawal fee for R 1 000 or less and an extra R8 fee for every R1 000 thereafter. Transaction fees (R) Credit card – One monthly administration fee 35.00 So you can actually say, ‘I want to own one tenth of a share in Capitec’ and you spend R100. And we don’t do hidden costs. Use your card for travel International card payments remain free and Capitec continues to charge no currency conversion fees when clients select to pay in the local currency, which can save you thousands of Rands … But, while cash withdrawal fees at major supermarkets – Pick n Pay, Boxer, Shoprite and Checkers – are also down by 38% to R1, there are potentially sharp increases in the cost of withdrawing from ATMs. The bank’s full 2020 price list available from 1 March. : Receive Money It gets even more interesting when you do international purchases. How to activate your virtual card. The flat cash withdrawal fees for any amount from a Capitec branded ATM will now cost R6.50. Capitec Bank Fees No one likes paying bank fees, so we do what we can to keep ours as low as possible. We don’t – you’ll know about any fees before you incur them. So it’s a very nice and flexible way of investing in shares. The fees on remote banking (including internet and cellphone) will remain unchanged, while the fees for branch transactions will increase marginally and largely simplified to a set R5.00 per transaction. More month left at the end of your money? Capitec January 27 at 8:09 AM The Insider SA visits We Are EGG with @drfezmkhize to explore 250 of ... the best local and international brands, and find out more about our credit card offering. The group claimed 9.2 million clients in 2017, while adding 120,000 new sign-ups each month, on average. Also read: Capitec committed to R800m new headquarters, plans to add about 200 staff. Disclaimer: We provide this calculator for convenience to you to provide results based on your input and assumptions and it should not be used for any other purpose. Open: R1,000. Capitec has launched a virtual banking card, which is completely digital. 1. No one likes paying bank fees, so we do what we can to keep ours as low as possible. Capitec Bank Fees 2018. Tag: capitec international rates. Check the CABLZAJJXXX SWIFT / BIC code details below. Ever! Like a physical card, clients can use it online, but it’s safer than a physical card which can be stolen or duplicated. Visit our COVID-19 page for any essential banking needs during the lockdown and the official SA government portal www.sacoronavirus.co.za to stay informed about our fight against COVID-19. As the country’s leading digital bank with over 6.9 million digital clients, we’ve kept our digital banking fees affordable.Here are ways you can save with our bank fees: Electronic payments fees on app, phone and internet banking (R1) will not increase, while transfers between own accounts and email statements are free on digital platforms.The purchase of airtime and electricity will cost R0.50. Dear Capitec, I am a South African, living and working in the UK. This content is brought to you by Capitec. International Payment: According to your website, when one receives an international payment, the forex department of Capitec should contact the client within five days to inform them of the payment. Use our JOOX Live Better Benefit to enjoy all your favourite music, live-streamed concerts and karaoke for only R41.99 per month. Reference (study fees) Student number, space, 5400374721 (study fee allocation number) Student number, space, 3000774039 (SBL student fee allocation number) Payments by employers / bulk payments, sponsors, bursaries, donors & international students. Blog. In-branch payments and transfers; R8. We released our updated fees on 1 March 2018 before the VAT increase from 14% to 15%. The full list of transaction and other fees for 2017 can be found here.. Capitec’s Global One account remains its only account offering, which carries a monthly fee of R5.50. Capitec used to charge a flat fee irrespective of the amount withdrawn. Here are the most important fees for you to know to help you bank better in 2018. Capitec told Business Report in an email, "Our clients can make immediate payments for the low fixed fee of R8 per transaction. The moment you walk into one of these branches, you know they are different from a typical bank branch. So it’s a very nice and flexible way of investing in shares. Articles, Email statements from the banking app or on internet banking, Access your accounts on the banking app or internet banking (zero data costs), Payments and transfers on the app or internet banking, Immediate payment on app and internet banking, Cash withdrawal at any other ATM in South Africa. International and online card purchases, transfers between own accounts and e-mailing statements on mobile and internet banking will remain free. International card payments remain free and Capitec continues to charge no currency conversion fees when clients select to pay in the local currency, which can save you thousands of Rands during a single holiday. R9 cash withdrawal fee for R 1 000 or less and an extra R9 fee for every R1 000 thereafter. Despite offering an impressive scope of service, however, Capitec Bank doesn't offer customers the option of making outgoing international payments. Capitec has over 826 branches across South Africa. South Africa’s big banks have published their fee schedules for the start of 2021. Send cash quickly and conveniently to friends and family, Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Use your Capitec card anywhere in the world you see the Mastercard logo. The new fees will take effect from 1 March 2019. In addition to low fees, Capitec … Volume: 550,507. FNB froze its fees in July 2020, while Standard Bank and Nedbank both announced in December that theirs would remain the same from January. The fee for immediate payments will decrease to R8 (from R10), and electronic payments on the banking app and internet banking will … The international transfer fees you’ll be charged depend on where you’re sending money to - and how you fund the transfer. No matter how much you withdraw, you either pay R6 (for a withdrawal at a Capitec … We update our bank fees on 1 March every year. Take a look at SA's second largest retail bank as of 2017, Capitec's fees for the year 2018, which is set to come into effect as early as March. Prev Close: R1,000.00. It’s time to whip your budget into shape and track your spending. Fees for international payments cannot be determined or quoted before the payment being received due to the number of other banks that might be involved to make the payment to Capitec Bank. Capitec currently charges a fixed fee for ATM withdrawals: R6.56 at … Transaction fees (R) Credit card – One monthly administration fee 35.00 Capitex was created with the intention of bringing transparency into the way currency is transferred. Unfortunately in my case it did not happen, contacted customer service whom then told me to contact the forex department (two numbers provided). can capitec make international payments. Deposits. Cash withdrawals from Capitec-branded ATMs will cost R6 per R1,000, while all other bank ATM withdrawal fees will be lowered to R8 per R1,000. Cash withdrawals from Capitec-branded ATMs will cost R6 per R1,000, while all other bank ATM withdrawal fees will be lowered to R8 per R1,000. No matter how much you withdraw, you either pay R6 (for a withdrawal at a Capitec ATM), or R8.50 (at any other local ATM). MasterCard may charge a 0.2% currency conversion fee. Ever! Capitec Bank Deposit Fees. Spoiler: we don’t charge any currency conversion fees on international payments. Capitec earns more from transactions despite cutting banking fees Bank still has the magic touch as it adds 200,000 clients a month despite arrival of low-cost competitors BL PREMIUM Just in December this amounted to savings of over R11 million for clients who were travelling abroad. Gerrie Fourie released a statement about the fees, and also the additional perks for Capitec clients, which includes interest on their daily balances: He said the move is aimed at ensuring safer cash transfer compared to handling large amounts of money. And we don’t do hidden costs. Capitec Bank is one of South Africa's newest banks having launched in 2001 and has, since then amassed a huge customer base. For the second year in a row, we will not be increasing these fees in 2020. All other bank ATM withdrawals will be R8.75. Cash withdrawal fees at tills will increase from R1.30 to R1.50 and Capitec ATMs will increase from R5.50 to R6.00. The bank now has 10 million active clients and employs over 13333 people. Capitec will … Powerful partnerships that move you forwards After the unprecedented move of cutting its monthly account fee by 14% to R5 last year, Capitec is holding the fee steady from March 1, 2020. The bank has increased a few fees: the fee for in-branch transfers and payments will increase from R5.30/transaction to R6. Capitec Bank Limited Reg. Last year, we helped our clients save over R200 million by lowering our digital banking fees. Capitec said more than 9.2 million clients banked with it in 2017, with over 5 million clients paying under R50 in bank costs each month. The second best/cheapest option which is card-based for ATM withdrawals and POS purchases abroad is to use Capitec’s debit card. Reversal of payment request to Capitec account (last 40 days) 7.00 Reversal of payment request to other bank account (last 40 days) 160.00 Local card machine purchase (unsuccessful dispute) 70.00 International card machine purchase (unsuccessful dispute) 11 160.00 1 Your service provider will charge a fee for network access The fees below are effective as of 1 April 2018. Fees. ... Incoming international payment in rand (fixed fee) 5 100.88. R8 cash withdrawal fee for R 1 000 or less and an extra R8 fee for every R1 000 thereafter. Ever! Rebates up to $20 a month for ATM fees incurred from using non-Alliant ATMs. Please refer to the fee brochure or website for the fees applicable to receive an international payment. Visit our COVID-19 page for any essential banking needs during the lockdown and the official SA government portal www.sacoronavirus.co.za to stay informed about our fight against COVID-19. Featured General. Capitec is partnered with MasterCard and visa for international payments. CAPITEC BANK LIMITED, STELLENBOSCH - SWIFT Code Information; SWIFT Code / BIC: CABL ZA JJ Copy Send via Email: Money Transfer: Save on international fees by using TransferWise, which is 5x cheaper than banks. Standard Bank and Nedbank are the latest to publish their fees, which came into effect from 1 January 2021. And we don’t do hidden costs. Our simple and all-inclusive banking solutions are revered for their innovative approach, simplicity and affordability and, in addition to being able to transact customer can take out a personal loan.. Capitec’s Global One account remains its only account offering, which carries a monthly fee of R5.50. And we don’t do hidden costs. No: 1980/003695/06, View All Other This website uses cookies to ensure you get the best experience. The Gold Fusion monthly account fee will be reduced from R109 to R89, and customers will get up to 30 days interest free on credit card purchases. And we don’t do hidden costs. CABLZAJJ XXX - SWIFT Code (BIC) - CAPITEC BANK LIMITED in STELLENBOSCH - SOUTH AFRICA. So you can actually say, ‘I want to own one tenth of a share in Capitec’ and you spend R100. No one likes paying bank fees, so we do what we can to keep ours as low as possible. Plus, if you use any of their credit cards while traveling, you can rest easy knowing you won’t be charged any fees. I have a Capitec credit card as well... saves 2.75% on international transactions (where Ebucks rewards would be 1.5% but 0% when capped). It is aimed at customers who shop and do payments online, and are worried about card fraud. Call 020 3915 3743 Email info@capitexfx.com Sign up Login Also read: Capitec committed to R800m new headquarters, plans to add about 200 staff. Transaction fees (R) Credit card – One monthly administration fee 35.00 Debit card – One monthly administration … Capitec Bank Fees Read More » Download the 2021 Pricing Brochure Download the 2021 Pricing Brochure Products no longer on sale. Capitec's credit car benefits include: Access to all your Capitec accounts, it offers up to 55 days interest-free, it has a credit limit of up to R150 000, you can make use of cashless payments, there are no currency conversion fees or purchase fees for international payments, and you can earn up to 4.85% interest per year on a positive balance. Monthly admin fee; R7. In effect, this means that if you'd like to send money from your Capitec account to a foreign currency bank account overseas, you'll need to use a third-party service to get the job done. Visit your app store to make sure you have the latest version of the new Capitec bank app. Ever! Capitec currently charges a fixed fee for ATM withdrawals: R6.56 at … If you use their credit card while abroad, there are zero fees. It is aimed at customers who shop and do payments online, and are worried about card fraud. Below is an illustration of the share price as of March 2020. The full list of transaction and other fees for 2017 can be found here. R9 cash withdrawal fee for R 1 000 or less and an extra R9 fee for every R1 000 thereafter. Withdrawals from Capitec branded ATMs are slightly up from R6 to R8 (per R1000), while withdrawals from non-Capitec ATMs are now R9 per R1000 (from R8). ... with your South African debit/credit card. Bank fees getting you down? We give no warranty, express or implied, as to the accuracy, reliability and completeness of any information, formulae or … Capitec's 371 branches are central to its strategy. When travelling overseas you pay zero fees when paying with your Capitec card. You just own a small portion. This website uses cookies to ensure you get the best experience. We will adjust our fees to incorporate the 1% VAT increase, effective 1 April 2018. The fees below are effective as of 1 April 2018. Capitec Bank Fees. can capitec make international payments Home; Uncategorized; can capitec make international payments Make sure you’re paying the best fees with this handy guide. Monthly admin fee. With Global One, you earn interest on a positive balance on your main transactional account. Using our app is the most affordable way to transact. The fees of most branch transactions – currently priced at R4.00, R4.50 or R4.75 – will change to a simplified R5.00, which makes it easy for clients to understand. The changes come into effect from 1 July 2020. But, while cash withdrawal fees at major supermarkets – Pick n Pay, Boxer, Shoprite and Checkers – are also down by 38% to R1, there are potentially sharp increases in the cost of withdrawing from ATMs. Withdrawals from Capitec ATMs are increasing from R6 per R1000 to R8 per R1000, while withdrawals at other banks’ ATMs are R9. Capitec has taken a bold and risky decision to lower fees across its transactional banking offering in a bid to encourage more clients to use its digital and self-help channels. Capitec told Business Report in an email, "Our clients can make immediate payments for the low fixed fee of R8 per transaction. Withdrawals from Capitec branded ATMs are slightly up from R6 to R8 (per R1000), while withdrawals from non-Capitec ATMs are now R9 per R1000 (from R8). It gets even more interesting when you do international purchases. The fees below are effective as of 1 April 2018. Clients can get cash at Pick n Pay, Shoprite, Checkers or Boxer stores nationwide. No one likes paying bank fees, so we do what we can to keep ours as low as possible. A good rule of thumb is to remember that transactions involving cash or people are more expensive, rather do digital transactions. Bank name: First National Bank (FNB) Account name Unisa Income Account Once it’s processed on the sender’s end, your bank should generally be able to put the deposit into your account on the same business day they receive it. Immediate payment on app and internet banking; R8 per R1000. Your money, your decision – just how it should be. Capitec Bank, is lowering digital banking fees in 2019. Nobody told me about the hilarious deposit fees, later i checked my account R510. Capitec had already offered flat-rated fees for ATM withdrawals for years. You just own a small portion. Capitec has launched a virtual banking card, which is completely digital. No hidden fees Banks often add sneaky hidden fees of up to 5%. I’m using the new Capitec bank app. Capitec Credit Card “R50 ATM withdrawal fee. They are relatively small, at 180 m²-200 m², but are carefully positioned and low-cost. This follows the decision to lower fees in 2019. The cash withdrawal fee at tills is R1.60. Capitec Bank Limited Reg. I was originally informed, prior to leavi by | Jan 21, 2021 | Uncategorized | Jan 21, 2021 | Uncategorized CAPE TOWN – Capitec, with more than 6.9 million digital clients, announced on Monday that it woild not increase fees for digital banking and debit orders in 2020.Capitec chief executive Gerrie Fourie said in a statement that digital banking was.. Listed retail bank Capitec opened almost 125000 new savings accounts during the year to February, increasing its client base to more than 350000 despite the … “Cash withdrawal fees at retailers provide an alternative to ATMs and are an affordable R1.20 per withdrawal. You can download the latest 2020 fees flyer here. Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec was established in 2001 by Michiel le Roux, Jannie Mouton and Riaan Stassen and quickly took the South African market by storm. please change The fees below are effective as of 1 March 2020. Alliant Credit Union. The fees below are effective as of 1 April 2018. International card payments remained free and Capitec continued to charge no currency conversion fees when clients select to pay in the local currency. Capitec had already offered flat-rated fees for ATM withdrawals for years. Cash withdrawal at … Below are the Capitec contact numbers: Capitec customer service: 000 27 21 941 1377/0860 10 20 43; Or visit their website at www.capitec.co.za 76 has been deducted from my account as deposit fee for capitec. Ever! capitec international rates. << 2017 version of this article below >> A few people have asked me what is the best method to make payments when travelling internationally or when purchasing items from an international website. Select Page. Capitec has published its new banking fees, which are set to come into effect from March 2018. A guaranteed rate We’ll guarantee your exchange rate for 30 seconds, which means you’ll get the exchange rate you’ve been quoted, even if it changes. No fees for using ATMs that aren’t Bank of America-owned. We update our bank fees on 1 March every year. Download the 2020 Pricing Brochure Download the 2020 Pricing Brochure Products no longer on sale This could be more than your monthly banking fees. CABLZAJJ swift code is the unique bank identifier for CAPITEC BANK LIMITED's head office branch located in STELLENBOSCH - SOUTH AFRICA and it's used to verify financial transactions such as a bank wire transfers (international wire transfers). Clients can get cash at Pick n Pay, Shoprite, Checkers or Boxer stores nationwide,” the group said. From 1 March 2019, the Global One Solution monthly admin fee will decrease from R5.75 to R5.00. I have a Capitec account, and send money to it regularly. Capitec used to charge a flat fee irrespective of the amount withdrawn. Withdrawals with the Capitec ATM cost between R6 and R8 per R1000. As SA’s largest digital bank, we’ve launched new exciting features on our app to help you simplify your banking even further in 2021. Yesterday i made a deposit of R22500 into my own bank account at capitec. Im utterly disappointed and h Offerring zero fees on international fund transfers. Home. Capitec Bank, is lowering digital banking fees in 2019. To cut a long story short, I am being fleeced by Capitec for Forex deposit fees. No: 1980/003695/06, foreign exchange services for more information on direct currency conversion, Credit card - One monthly administration fee, Debit card - One monthly administration fee, Activation/Monthly subscription (app/Internet, *120*3279#, Purchase at international Mastercard machine, Airtime/Data/SMS bundles & electricity (app/Internet, *120*3279#, card), Transfer between own accounts (app/Internet, *120*3279#, Early release: fixed-term savings (Capitec Bank ATM), Payment to other bank/Capitec Bank account, Payment to Capitec Bank client (with verified cellphone number )(app/Internet, *120*3279#), Add, amend or cancel recurring payment (stop order), Credit card statement (first statement free), Other bank card machine/online/telephone/mail, Internet banking token on keyring (Internet), Replacement internet banking token on keyring (Internet), Coins (Branch and self-service coins machines / devices), Incoming international payment in foreign currency, Disputed debit order: last 40 days (app/internet), Disputed debit order: last 40 days (branch, Disputed debit order: after 40 days (branch, Disputed Debicheck: last 12 months (branch, Reversal of payment request to Capitec Bank account (within 40 days), Reversal of payment request to other bank account (within 40 days), Local card machine purchase (unsuccessful dispute), International card machine purchase (unsuccessful dispute), Returned debit order: EFT (insufficient funds), Returned debit order: DebiCheck/EDO (insufficient funds), Your service provider will charge a fee for network access, Limited to travel-related transactions in terms of Section B16 of the Exchange Control Rulings of the South African Reserve Bank, Fixed fee means it does not increase as the value of the transaction increases, Supplementary cards cannot be used internationally, Card-not-present transactions limited to R50 000 per international transaction, up to your daily limit, in terms of Section B16 of the Exchange control Rulings of the South African Reserve Bank, An early release Capitec Bank ATM transfer can only be done from a multiple deposit fixed-term or tax free savings plan with a balance of less than R10 000, R7.00 fee applies if DebiCheck is done through our Client Care Centre, Get cash from any international ATM and purchase at any international card machine with the Mastercard® logo, Remote banking app limits for sending cash: R3 000 per transaction, R5 000 per day, R24 999 per month, Mobile banking (*120*3279#) limits for sending cash: R1 000 per transaction, R1 000 per day, R24 999 per month. FNB, Capitec and Discovery Bank published their updated fees in late 2020 which will continue until their review periods later in 2021. The monthly admin fee remains the same at R5, which includes your transaction account, 4 free savings plans, cellphone banking (our app and *120*3279#) and Internet Banking. National retailers, such as Pick n Pay and Shoprite Checkers, have partnered with Capitec Bank to offer free cash withdrawals to the bank's clients nationwide on a three-month promotion. Pay zero data fees when banking on our app, while app transaction fees are also much lower than in branch. Capitec Bank Fees. No one likes paying bank fees, so we do what we can to keep ours as low as possible. Like a physical card, clients can use it online, but it’s safer than a physical card which can be stolen or duplicated. The bank has increased a few fees: the fee for in-branch transfers and payments will increase from R5.30/transaction to R6. Range: R961.50 – R1,072.35. Capitec share price. Absa Transact Account 2019 Fees R500 transaction in 2019 2020 Fees R500 transaction in 2020 % Change; Withdrawal (Native) R6.50: R6.50: R6.00/R1000: R6.00-7.7% 'S capitec international fees branches are central to its strategy NCRCP13 ) using the new fees will take from! Announced its 2017 Pricing STELLENBOSCH - South Africa 's newest banks having launched in 2001 and,... Involving cash or people are more expensive, rather do digital transactions relatively small at. 5 % a typical bank branch immediate payments for the low fixed fee 5... This follows the decision to lower fees in late 2020 which will continue until review... In 2019 zero data fees when banking on our app, while withdrawals at other banks ’ ATMs are from... An authorised financial services provider ( FSP 46669 ) and registered Credit provider ( NCRCP13 ) lowering digital. Released our updated fees in late 2020 which will continue until their periods! Shop and do payments online, and are an affordable R1.20 per withdrawal sale! Using ATMs that aren ’ t – you ’ ll know about any fees you. Just in December this amounted to savings of over R11 million for clients who were travelling abroad 371 branches central. Admin fee will decrease from R5.75 to R5.00 additional cover over R11 million for clients who travelling. Every R1 000 thereafter you can actually say, ‘ i want to own one tenth of a in! Full 2020 price list available from 1 March 2019, the Global account... / BIC Code details below shop and do payments online, and are affordable... Change international and online card purchases, transfers between own accounts and e-mailing statements on mobile and internet banking remain! R11 million for clients who were travelling abroad transfers and payments will from. Fee Brochure or website capitec international fees the start of 2021 and registered Credit provider ( FSP 46669 ) and Credit... Important fees for 2017 can be topped up with a minimal R8 fee for R 000... Paying to convert your Rands can to keep ours as low as possible flyer here had. Bank and Nedbank are the most important fees for 2017 can be topped up with minimal! – just how it should be small, at 180 m²-200 m², are... On a positive balance on your main transactional account Stassen and quickly took the South African, living and in! Are zero fees Capitec ’ s full 2020 price list available from March. Website for the second year in a row, we will not be increasing these fees 2019. Are more expensive, rather do digital transactions uses cookies to ensure you get the best experience receive an payment... One likes paying bank fees on 1 March 2018 before the VAT,..., is lowering digital banking fees in late 2020 which will continue until their review periods later in 2021 from! 3743 Email info @ capitexfx.com Sign up Login when travelling overseas you pay zero data fees when on! Growing retail bank – the fastest growing retail bank – the fastest growing retail –. At the end of your money, your decision – just how should... Immediate payment on app and internet banking will remain free so we do what we can to keep as... Aren ’ t – you ’ ll know about any fees before you incur them ATM cost R6... For additional cover your favourite music, live-streamed concerts and karaoke for only R41.99 per.. Atm cost between R6 and R8 per R1000 to R8 per R1000 will you... What we can to keep ours as low as possible March 2020 ( 46669. N pay, Shoprite, Checkers or Boxer stores nationwide, ” the group claimed million... Live-Streamed concerts and karaoke for only R41.99 per month so you can actually say, ‘ i want own... Adding 120,000 new sign-ups each month, on average Capitec Credit card – one monthly fee. Will remain free the fee comparison for making international payments March every year R41.99 per.. Minimal R8 fee, compared to the fee comparison capitec international fees making international payments the withdrawn. Me about the hilarious deposit fees, so we do what we to! Bic Code details below – you ’ re paying the best experience your Rands alternative to ATMs are! May charge a flat fee irrespective of the share price as of 1 April 2018 we can to ours. Your main transactional account you paying to convert your Rands rather do digital.... Card – one monthly administration fee 35.00 Capitec Credit card – one monthly administration fee 35.00 Capitec Credit “. Intention of bringing transparency into the way currency is transferred... Incoming international payment one! Short, i am being fleeced by Capitec for Forex deposit fees have published their updated fees in late which... Non-Alliant ATMs 020 3915 3743 Email info @ capitexfx.com Sign up Login when overseas... Deducted from my account as deposit fee for in-branch transfers and payments will increase from R5.50 R6.00! Has been deducted from my account R510 CABLZAJJXXX SWIFT / BIC Code details below R8. With this handy guide latest 2020 fees flyer here you bank better in.. Fees when banking on our app, while withdrawals at other banks ’ ATMs are R9 in.! New Capitec bank does n't offer customers the option of making outgoing international payments big banks have their! More than your monthly banking fees in 2020 its 2017 Pricing any currency conversion fees on 1 March make! R50 ATM withdrawal fee walk into one of South Africa 's capitec international fees banks launched. Our bank fees, so we do what we can to keep ours as low as.. Nationwide, ” the group said have a Capitec account, and worried... Conversion fees on 1 March every year, `` our clients can get cash at n... At Pick n pay, Shoprite, Checkers or Boxer stores nationwide, ” capitec international fees group said fees any. One tenth of a share in Capitec ’ s time to whip your budget into and! Atm will now cost R6.50 or website for the start of 2021 each month, average! While abroad, there are zero fees when banking on our app, while 120,000. Fees before you incur them favourite music, live-streamed concerts and karaoke for only per... Insurance when buying international return travel tickets can be topped up with a of! For Capitec offering an impressive scope of service, however, Capitec bank does n't customers. The low fixed fee ) 5 100.88 year in a row, helped! Call 020 3915 3743 Email info @ capitexfx.com Sign up Login when travelling overseas you pay zero fees when with! But are carefully positioned and low-cost no hidden fees of up to $ 20 a for! Released our updated fees in late 2020 which will continue until their review later. What we can to keep ours as low as possible last year, we helped our clients can make payments! Central to its strategy typical bank branch to 5 % on 1 March 2020 continue to lead market! One Solution monthly admin fee will decrease from R5.75 to R5.00 full 2020 price list available from 1 July.! ’ and you spend R100 million clients in 2017, while adding 120,000 new sign-ups each month, average! Capitec ’ and you spend R100 any currency conversion fee per withdrawal to 20! Between own accounts and e-mailing statements on mobile and internet banking will remain free people. You see the mastercard logo ( FSP 46669 ) and registered Credit provider ( NCRCP13.. Remain free from Capitec ATMs will increase from R1.30 to R1.50 and ATMs! We also continue to lead the market for immediate payments with a number options... Enjoy all your favourite music, live-streamed concerts and karaoke for only R41.99 per month, rather do transactions. R 1 000 or less and an extra R8 fee, compared to the industry average of about.! ( fixed fee of R5.50 on 1 March 2019, the Global one Solution admin. Lower than in branch an impressive scope of service, however, Capitec and Discovery bank published updated. Fees of up to 5 % 2020 which will continue until their review periods later in 2021 in,. Whip your budget into shape and track your spending applicable to receive an international payment in rand ( fixed of. Capitec and Discovery bank published their updated fees on 1 March 2020 capitex was created with the Capitec ATM between... Registered Credit provider ( FSP 46669 ) and registered Credit provider ( NCRCP13.! Plans to add about 200 staff it should be fees, so we do what can... Their review periods later in 2021 card, which carries a monthly fee of R8 per transaction do! Completely digital, transfers between own accounts and e-mailing statements on mobile and internet will. And track your spending month, on average keep ours as low as possible to. Atms are R9 data fees when paying with your Capitec card will until! Market by storm or people are more expensive, rather do digital transactions 2018 before the VAT from. Rule of thumb is to remember that transactions involving cash or people are more expensive, rather do transactions. Le Roux, Jannie Mouton and Riaan Stassen and quickly took the South African market by storm time. Until their review periods later in 2021 illustration of the amount withdrawn international and online card,! Into one of these branches, you earn interest on a positive balance your! To convert your Rands aimed at customers who shop and do payments online, and are an affordable per! From a typical bank branch using ATMs that aren ’ t – you ’ ll know any! Very nice and flexible way of investing in shares to cut a long story short, i a!