Money that moves with you

MobiMoney lets you to use your cellphone number to save or send money, buy airtime or electricity, and withdraw cash at Nedbank ATMs. 

Simply dial *120*141# to use your MobiMoney Wallet once you've successfully registered.

Thresholds

Transaction type
MobiMoney limits

M10,000

M20,000

M5,000 per day

M10,000 per day

Dormancy period (2 years): A MobiMoney wallet becomes dormant if there has been no activity on it for more than 2 consecutive years.

MobiMoney features :

  • Pay only for what you use with zero monthly fees

  • Send, receive & move money to any cellphone number from your bank account

     

  •  Buy prepaid airtime, electricity or withdraw cash at any Nedbank ATMs

     

     

  • Keep your money safe with a PIN on the MobiMoney wallet

     

     

Who can use MobiMoney?

To open a MobiMoney wallet, you'll need to have a valid and registered cellphone number. Simply dial *120*141#

If you already have a Nedbank account, you can open and link your MobiMoney wallet to your banking profile at no extra cost

Anyone who receives a Send money transaction can register for a MobiMoney wallet to store the funds they’ve received for ongoing use.

Things to note before you apply

Be sure to have your valid ID number on hand
You'll need to provide your valid cellphone number when asked
You can apply instantly from your cellphone