ABSA is an associate of the Barclays Africa Group and as well as one of the top 5 leading banks in South Africa. The bank is committed to providing and promoting banking services that have enhanced valuable money transfers to individuals that have or do not have a bank account in South Africa. The ABSA Cashsend allows customers to send money quickly through mobile or internet banking from their ABSA bank account to anyone with an active phone number.
You can withdraw money from ABSA Cashsend at either an ATM Cashsend withdrawal or a PEP eWallet withdrawal. Yes, it’s that stress-free as ABSA Cashsend has made long and annoying queues at the bank to send money a thing of the past. With the introduction of Mobile Banking, money transfer has become a walk in the park and ABSA Cashsend was designed to make it even easier.
Where to Withdraw Money from ABSA Cashsend?
An ABSA Cashsend ATM
You can use any ABSA ATM centre close to you to withdraw money sent to you through the ABSA Cashsend. Simply visit any ABSA ATM centre close to you that provides the Cashsend service option and do the following:
- Select the Cashsend option.
- Then, select the withdrawal icon.
- Next. Enter the 10-digit reference number sent to you through SMS on your mobile phone.
- Afterwards, enter the different 6-digit PIN that the sender sent to you.
- Then specify the whole amount sent as the amount you want to withdraw.
- After your request has been processed, the ATM will dispense the total amount of money sent to you.
If for any reason, you didn’t get the 10-digit reference number, the sender may need to contact ABSA customer care at 0860 111 123.
A PEP eWallet Location
You can withdraw money sent to you through the ABSA Cahsend at any PEP Store, PEP Home, any PEP cash-out partner or any PEP Cell. You will be required to submit your bar-coded South African ID card or RSA ID Card to be able to collect cash at any PEP cash-out locations. The Teller might request the unique 6-digit PIN to confirm your identity and transaction. Afterwards, you will be paid all of the money that was sent to you immediately.
How to Transfer Money through ABSA Cashsend
Using USSD Code
- Dial *120*2272# and input your 5-digit PIN.
- Choose option 3 to facilitate payment and click on Send.
- Choose option 2 to transfer money to an existing beneficiary and send.
- Choose the beneficiary to whom you would like to transfer money.
- Choose the account you wish to transfer money from and press send.
- Input the amount you want to send and press send.
- Now, input the 6-digit code that the beneficiary will use to receive the money from an ABSA ATM or PEP cash-out location.
- Select the option to send proof of payment and click on send.
- Verify the transaction by choosing 1 and clicking on send.
- Send the access code and the amount of money you transferred to the beneficiary.
Using online Banking
- Visit the home page of the ABSA website and click on Login in the top right of the screen.
- Log on to ABSA online banking.
- Next, click on the Pay option and select the Cashsend payment option.
- Select the ABSA account you want to transfer money from.
- Input the amount of money that you want to send to the beneficiary which should not exceed R3,000.
- Input the active phone number of the beneficiary.
- Then generate a 6-digit PIN and confirm the payment.
- Next, send the access PIN to the beneficiary so they can use it for withdrawal.
- And immediately, the beneficiary gets an SMS notifying them of the money you transferred and a PIN to access it.
It is recommended that you double-check the transaction details before confirming the transaction as ABSA will not be liable for withdrawals by a false beneficiary.
Using the ABSA App
- Log in to your ABSA Banking App
- Click on the Cashsend icon.
- Next, choose a once-off Cashsend option.
- Choose the account that you want to transfer money from and input the beneficiary’s name, surname and phone number.
- Next, input your reference number and a 6-digit ATM Access PIN and click on the Next option.
- Click on the Continue icon to verify the beneficiary’s information.
- The beneficiary will be added automatically.
- Input the amount you will love to send.
- Next, input your reference and access PIN and click on the Next icon.
- Click on the Cashsend icon.
- Your Cashsend transaction is completed and successful.
- You can share the ATM access pin with the beneficiary for security reasons.
Advantages of ABSA Cashsend
- It is a time saver and you get to avoid those annoying queues at the bank.
- Money transferred through the ABSA Cashsend can be withdrawn quickly at any ABSA ATM centre without any sort of delay.
- The ABSA Cashsend allows you to transfer money easily at any time and anywhere to anyone who has or does not have a Bank account.
- Money transferred through ABSA Cashsend is secure as it is protected by a unique 6-digit ABSA Access code and a 10-digit reference number for confirmation.
- ABSA Cashsend allows you to cancel the cash transfer you made mistakenly to the wrong beneficiary. You can contact Customer care service to assist you to cancel the transaction.
- Money transfers made through the ABSA Cashsend are charged at cheap costs and there is a daily limit of R3,000.
- A credit card is not required to make a withdrawal, all you need to make withdrawal is your mobile phone to make a cardless withdrawal.
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ABSA Cashsend also known as ABSA eWallet allows you to transfer money quickly via mobile or internet banking from your ABS bank account to anyone with an active mobile number in South Africa. You would agree with me that is super cool. It is one of the most efficient and cheap ways of transferring money in South Africa and it can function via ABSA Internet Banking, Mobile Banking, ABSA App, and at any ABSA ATM centre.
You can withdraw money from ABSA Cashsend through any ABSA ATM Center with the Cashsend facility and any PEP eWallet withdrawal cash-out locations. To withdraw money transferred through ABSA Cashsend, a beneficiary must have a unique 6-digit PIN and a 10-digit reference number to be able to make a cardless withdrawal at any ABSA ATM centre. If you have got any questions about this piece, please feel free to drop them in the comment section below. I will be looking forward to reading from you.