How do I withdraw money from TymeBank?
If you bank with TymeBank
Draw cash at ATMs
Use your TymeBank card at any ATM mo' Mzansi. Withdraw cash anytime you need it. Even late-late after shopping hours.
Do I need a pin number? No, you will only require the sms containting the 10 digit voucher number.
| FEES | |
|---|---|
| Any ATM in South Africa (R10 Per R1000) | R10 |
| International ATM | R70 |
| Balance Enquiry | |
| Banking App, Online Banking & Kiosk |
Use an ATM
Every ATM is slightly different but you simply insert your debit card, enter your PIN (personal identification number), select the account you wish to withdraw money from (if you have more than one), enter the amount, and then wait for the ATM to give you your cash and a receipt.
TymeBank kiosks don't hold money or function like an ATM, so you can't deposit or withdraw cash from them. That said, you can withdraw or deposit cash for free at any Pick n Pay or Boxer till point in SA. You can also deposit or withdraw cash at any other bank's ATM (for a fee).
Yes, cash can be withdrawn at an ATM from a different bank. How many free transactions can I do with SBI ATM card? SBI provides five free ATM withdrawals for each region, with the exception of metro cities, where there is a three-withdrawal maximum.
- Go to any TymeBank Kiosk.
- Select 'Login'
- Enter your ID number.
- Select the option to Login with PIN.
- Select the 'I have forgotten my PIN' option.
- Follow the onscreen instructions to change your pin.
WhatsApp on +27 71 670 1241, Any TymeBank Kiosk in a Pick n Pay, Boxer or TFG store.
SmartApp – Select the “Forgot your Login Pin” option on the SmartApp, and follow the onscreen instructions Kiosk or on Internet Banking- Select ''Forgot your password or Login PIN '' and follow the onscreen instructions to change your PIN or Password. Internet Banking – click here to reset your login PIN or password.
Where can I withdraw TymeBank money?
If you bank with TymeBank
The money will be in your EveryDay account the moment it's been sent. You can withdraw the money from any ATM Mzansi, or withdraw it at any till point at all Pick n Pay and Boxer stores for FREE.
As a digital-first bank, TymeBank has every layer of protection possible in place to keep your bank account safe. That's why scammers will go to such great lengths to access your bank account details, logins, and bank cards – they need that information to access your account.
However, TymeBank stands out as notably more affordable than its competitors. At R36. 18, TymeBank is nearly 43% cheaper than its next-nearest competitor, Capitec. The average monthly cost of the entry-level bank accounts was R73.
- ATM withdrawals.
- Cash back during shopping.
- Transferring funds to a physical bank.
- Wire transfers.
- Write a check.
- Use a Withdrawal Slip. If you're near an open branch of your bank or credit union, this is one of the easiest ways to get cash. ...
- Cash a Check at Your Bank. ...
- Cash a Check at a Retailer. ...
- Use a Cardless ATM. ...
- Use Your Digital Wallet. ...
- Use a Check-Cashing Service.
The Limit You Need To Worry About Is $10,000
“$5,000 is okay, but if you withdraw more than $10,000, the transaction will be reported to the IRS and at least one other government agency,” Bakke said. “You will also normally be required to fill out Form 8300.
TymeBank, the digital bank in which Patrice Motsepe's African Rainbow Capital (ARC) is majority shareholder, said it reached its first month of profitability in December 2023. The milestone comes four years after its 2019 launch.
Tymebank is digitally sharp.
The money we save by not having branches means banking with us is much cheaper. So bank with us online, on our banking app, using cell phone banking, at a kiosk, ATM and any Pick n Pay, Boxer or TFG Store till point for less.
With a TymeBank EveryDay account there's no monthly fee, just pay-as-you-use banking.
Average bank ATM fees
Out-of-network ATM fees increased by 1.5 percent over the past year to an average of $4.73 per transaction, according to Bankrate's 2023 checking account and ATM fee study.
Can I withdraw 5 lakhs from a bank?
It's important to note that these limits are subject to change at the discretion of the respective banks. To withdraw ₹5 lakhs in cash in a single day, you may need to make multiple transactions or contact your bank to inquire about any special arrangements or requirements.
TymeBank doesn't support international transfers. Here are the top three alternatives: WorldRemit: A leading global remittance platform with excellent forex rates from the rand to over 40 currencies in Africa, Asia, and the Americas.
Download our free Android banking app from Google Play now. And if you're on iOS – s'ka wara, you can still do all your banking using online banking.
You can open an account at a TymeBank kiosk in-store. You need your ID number and a cellphone to receive an OTP number. Your personlised debit card will be issued immediately.
You can call our customer contact centre team on 0860 999 119 or email us at service@tymebank.co.za or contact us via any of our other channels. You can also submit a query or complaint though our website: https://www.tymebank.co.za/help-support/.
