Nsfas

Here is how you can withdraw funds from norraco transact eWallet online

September 18, 2023
Laye

Here is how you can withdraw funds from norraco transact eWallet online

Here is how you can withdraw funds from norraco transact eWallet online, First National Bank (FNB) in South Africa provides an eWallet service that allows bank customers to send money to individuals with an active South African mobile phone number.

Customers can withdraw funds straight from FNB ATMs or from some retail locations. Please keep in mind that FNB’s eWallet service is only available on mobile phones with active airtime; similarly, withdrawals from eWallet are only available in South Africa.

Here is how you can withdraw funds from norraco transact eWallet online

To withdraw funds from Norraco Transact eWallet or to get your NSFAS money, you can follow these general steps:

  1. Go to Norraco Transact Portal
  2. Log in to your Norraco Transact account using your ID number and password. If you don’t have an account yet, click here to sign up and create one.
  3. Capture your OTP sent to your Cell phone.
  4. Select the withdrawal method you prefer. Norraco Transact e-wallet might offer various options such as bank transfer, mobile money transfer, or other electronic payment systems. (Read step 5 below)
  5. Navigate to the “Cash Out” section for cardless ATM withdrawal. Click “EFT” to transfer money to your personal bank account.
  6. Select the withdrawal method you prefer. Norraco Transact e-wallet might offer various options such as bank transfer, mobile money transfer, or other electronic payment systems.
  7. Enter the amount you wish to withdraw. Make sure to double-check the amount to ensure accuracy.
  8. Confirm the withdrawal request. Review all the details provided, including the withdrawal amount, method, and any associated fees.
  9. Submit the withdrawal request.
  10. Wait for the processing of the withdrawal. The time taken for the funds to be transferred into your designated account may vary depending on the e-wallet platform and the chosen withdrawal method.

FAQs

Question
How can I do eWallet on FNB?
Answer
To get started, you must have a transactional account with FNB. This offers you access to mobile or internet banking (you can select between a web account and a FNB app). You can use an ATM in a FNB building if you don’t have either connection. To use, simply go to the main menu of your web or app account on your mobile phone and select the eWallet option, then enter your mobile number and the amount you want to send. The monies will be given to the receiver, along with instructions on how to withdraw them.
Question
How do you receive money on eWallet?
Answer
A mobile phone is required to accept money using eWallet. Withdrawal instructions are sent with the transaction, and the steps in the article above will lead you through exactly what to do once you’ve received the funds.
Question
Can you reverse an eWallet transfer?
Answer
A erroneous transaction can be canceled by the bank. When you discover you need to cancel it, call the FNB eWallet number for mobile phone bank and speak with an advisor. Alternatively, dial *120*321# on your cell phone, pick option 4 for “Send Money,” then option 5 for “eWallet Reversal,” and select the required transaction. Another option is to contact the bank’s Complaints Resolution department.