If you’re a student in South Africa and receive funds through the Intellimali system, you may be wondering how to transfer those funds to your Capitec Bank account. Here is to provide easy-to-follow steps on how to transfer money from Intellimali to Capitec Bank.
Step 1: Log in to Your Intellimali Account
To begin the transfer process, log in to your Intellimali account using your student number and password.
Step 2: Select “Withdrawal” Option
Once you’re logged in, select the “Withdrawal” option from the main menu.
Step 3: Choose Capitec Bank as the Withdrawal Method
Next, choose “Capitec Bank” as the withdrawal method. You will need to enter your Capitec Bank account number and branch code.
Step 4: Enter the Withdrawal Amount
Enter the amount that you wish to withdraw from your Intellimali account.
Step 5: Confirm the Withdrawal
After entering the withdrawal amount, confirm the withdrawal by clicking the “Confirm” button.
Step 6: Wait for the Withdrawal to Process
The withdrawal process may take up to 24 hours to complete. Once the funds have been transferred to your Capitec Bank account, you will receive a notification.
It’s important to note that Intellimali charges a withdrawal fee for transferring funds to Capitec Bank accounts. You should check the current withdrawal fees before making the transfer.
Transferring funds from Intellimali to Capitec Bank is a straightforward process that can be completed in just a few easy steps. By following the steps outlined above, you can quickly and easily transfer your funds to your Capitec Bank account.