- Money Transferring from FNB to Nedbank can be done through various channels, including online banking, cellphone banking, the banking app, USSD, and FNB ATMs.
- The transfer time for Nedbank to FNB transactions is typically up to 12 hours, and transfers to other banks may take up to one business day to clear.
- The time of day, when the transfer is initiated, can affect the speed of the funds arriving in the Nedbank account.
- For quicker transfers, initiating the process during working hours is recommended.
First National Bank is a division of FirstRand Limited, a financial services provider in South Africa. It is one of the “big four” banks in the country, along with Capitec, Absa Bank, Standard Bank, Bidvest, and Investec. FNB was founded in Grahamstown (now Makhanda), South Africa, in 1838.
How Long Does it Take to Money Transfer From FNB to Nedbank?
Money transfer from FNB to Nedbank takes longer than transferring money between bank accounts. The transfer can take up to a maximum of 12 hours before the money is reflected in your account. In extreme cases, the money may take up to two days to reflect in your account after being transferred by eft from FNB.
Therefore, the total time may be up to 24 hours, counting from when the transfer was processed. Most banks will update you on the effective date when the money will be transferred. If you want a quicker transfer, then you will have to initiate the transfer process earlier in the day during working hours.
Transferring money from FNB to Nedbank takes longer than transferring money between bank accounts. The transfer can take up to 24 hours before the money reflects in your nedbank account.
Payments made from an FNB account to other banks may take up to one business days to clear. Pay & Clear Now payments may take up to 60 minutes to clear.
Frequently asked questions
Yes, why not?
Payment to a debit card can take up to 60 minutes to reflect and up to 48 hours to a credit card.
Money transferred from a Nedbank transactional (current or savings) account to another Nedbank transactional account will show on the same day, including weekends (Saturday and Sunday) and public holidays.
Editorial Note: The information in this post is deemed accurate at the time of publication. Please note that we are not affiliated with Fnb or Nedbank, and the bank reserves the right to change its operations as it deems fit. Neither the author nor the publisher of this website is liable for any losses that may occur from this use or misuse of the information in this post.
Author
Hello friends, my name is RK Singh, and I am an engineer. But by profession, I am a blogger. My main goal in starting this blog is to solve the difficulties people face in using online banking, bank branch codes, debit cards, and credit cards. I am not affiliated with any bank or company. I try my best to give the correct information to the people so that they can achieve their goals in the right way.
For More Information, Please Follow Me On Social Media.