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

M10 000

Dormancy period is 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 and 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?

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

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

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

Note the following before you apply:

Have your valid ID number ready.
Provide your valid cellphone number when asked.
Apply instantly from your cellphone.