TymeBank Deposit Cash
How can I deposit cash with TymeBank?
TymeBank is South Africa’s first dedicated digital bank that understands that banking doesn’t have to be complicated.
You can bank with them with over 14 000 till points across the pick and pay and Boxer network at over 700 kiosks.
You can easily get assistance on these kiosks since they are staffed by dedicated Tyme Bank Ambassadors who are ready to lend you a helping hand at any time.
How to Deposit Cash with TymeBank?
We know that with normal banking services, there are branches that we usually visit to do any cash deposit if required.
With Tyme Bank its different, they have partnered with Boxer and Pick n Pay to deliver some of their physical banking services.
Doing TymeBank cash deposit is quiet easy and very simple.
You can visit one of their partners that is near to you with your TymeBank card or Code to deposit at any of the Boxer and Pick n Pay till points.
These is by far very safe methods that saves you from ATM scams and other fraud activities that we experience daily.
You many deposit up to R5 000 per transaction and up to R21 995 00 daily using your visa card or TymeCode.
What is a TymeCode?
The TymeBank TymeCode is simply a 9 digits code that is generated on you banking app or cell phone banking for doing cash deposits into your account.
To do a deposit at a till point, you can show the TymeCode to one of the cashiers and give them the money you want to deposit.
Fees and Charges.
It is not free to deposit cash into your TymeBank account, although the fees are quiet reasonable also.
TymeBank charges R6.00 for every R1 000.00 you deposit, you first R1 000.00 however it is completely free.
The charge of R6.00 is all dependent on which method you choose to use between using TymeCode or you card.
TymeBank Withdrawals
If you want to do withdrawals, the money that you deposited is completely free, there are no charges.
To do withdrawals, you won’t be able to visit any of their ATMs like other banks, you have to use one of their partners to do a withdrawal, Boxer or Pick n’ Pay
If you want to make use of an ATM, you can use any of the other ATMs like FNB, Standard Bank, Nedbank, Capitec and ABSA.
The charge for using foreign ATM is R9.00 for every R1 000.00.
