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Nedbank Internet Banking – How to Open? – Features and Benefits

nedbank internet banking

Nedbank internet banking offers you a wide variety of features to meet your banking needs independent of time and location. Even more importantly, Nedbank’s online banking solution is safe and effortless.

Most businesses have a heavy online presence to serve the modern-day tech-savvy population that’s increasingly dependent on online platforms for their daily needs. Banks, too, have levelled up to this new norm by creating elaborate and secure infrastructure to facilitate online transactions between businesses and businesses, and businesses and clients. Nedbank, in particular, has an internet banking option for users to carry out banking activities safely. However, to transact through Nedbank’s online banking, you have to open a Nedbank account online.

How to Open Nedbank Internet Banking

There are two online banking options for Nedbank clients: internet banking, where you create an online account through Nedbank’s official website, and Nedbank’s money app.

To register for Nedbank’s internet banking, you have to:

  1. Load secured.nedbank.co.za on your browser and click “Register”
  2. Key in your South African government-issued identification number or a foreign passport number
  3. The bank will send an approve-it message to your registered phone. Accept it, and proceed to the next step
  4. Create a unique Nedbank ID username for your account, and a password
  5. Use your PIN, profile number, and password to link your profile

Other than this, you can create an account or register on the Nedbank Money app using this process:

  1. Go to your phone’s Google play store or app store and download the Nedbank money app
  2. Once the app is downloaded successfully, open it
  3. Click on “Log in”
  4. Choose “Personal profile”
  5. Key in your ID number (for South Africans) or your foreign passport number (for non-South Africans)
  6. The bank will send an approve-it message to your registered mobile number. Accept it to proceed to the next step of the registration process
  7. Create both a unique Nedbank ID username and a strong password
  8. Lastly, you have to link your money app profile using your unique profile number, password, and PIN, or your card and PIN

To create an account in the Nedbank Money app or internet banking, you first need a Nedbank credential. Follow this process to create your Nedbank credentials on Nedbank ID.

  1. Load secured-id.nedbank.co.za on your browser and click “Register” on the website’s homepage
  2. Key in your ID number (for South Africans) or foreign passport number (for non-South Africans)
  3. The bank will send an approve-it message to your registered phone. Accept the request to proceed to the next step in the process
  4. Lastly, create a unique Nedbank ID username and a strong password

Unlike old Login credentials used by online banks, Nedbank uses a Nedbank ID to secure online transactions with Nedbank and third parties. With this ID, it is easy to track all your digital interactions with the bank.

Nedbank ID is easy to remember, secure, easy to create for all clients and ensures a good client experience.

Features of Nedbank Internet Banking

Nedbank internet banking is a safe and secure comprehensive online banking solution that allows you to manage your online accounts remotely. It also allows you to transact online by paying for goods and services received. It has multiple online banking functionalities, including:

  • Nedbank investment account holders can readily access their loan information on Nedbank online banking without a linked transactional account
  • Prepaid top-up from your computer or mobile device at any time and any location
  • Nedbank home loan account holders can readily access their loan information on Nedbank online banking without a linked transactional account
  • Customers from different banks can readily verify their payments from Nedbank through the online banking website
  • All the payment notification information is captured at the beneficiary level. Therefore, you do not have to key in beneficiary details each time you need to send notifications
  • You can view and correct all failed prepaid transactions on Nedbank’s internet banking
  • See the transaction history of all the accounts linked to your Nedbank internet banking account
  • View the account balance of all the accounts linked to your Nedbank internet banking account
  • Select your preferred statement delivery option e.g. through email, or to your physical address
  • Download all your Nedbank statements to your laptop
  • Transfer money across all you Nedbank linked accounts
  • Complete different types of online payments, including Vodacom M-pesa, prepaid service providers, and payment to your beneficiaries
  • Nedbank online banking uses SMS authorization as a security feature to protect the most sensitive transactions
  • Capture and save the contact details of all your common beneficiaries for quick payment processes
  • Multiple transfers and payments per click, about 20 transactions simultaneously
  • Set future transfers, payments, and prepaid recharges, up to 12 months in advance
  • View and print beneficiary history payments
  • Process UIF and Tax payments registered on SARS eFiling through the internet banking
  • Search your Nedbank’s transaction information as far as 12 months back
  • View daily foreign exchange rates
  • Process real-time or live payments to customers with different bank accounts
  • Manage all your administrative and personal information through your online profile
  • Create and manage a diversified investment portfolio through your Nedbank internet banking
  • Be informed about all the activities on your current and savings accounts through eNotes

Benefits of Nedbank Internet Banking

Nedbank’s internet banking allows you to perform multiple banking functions online. You can:

  • Make once-off instant payments or make a government, multiple, or single payment
  • Download your bank in different formats
  • Add and manage your recipients
  • Download your provisional bank statements
  • Create recurring payments
  • Download and share your proof of payment through SMS or email address
  • Automate your payment notifications
  • Share proof of your account
  • Purchase prepaid electricity, data bundles and airtime
  • Purchase lifetime vouchers such as Spotify, Uber, Xbox, Hollywoodbets, and Google Play
  • Talk to a banker through a live chat feature
  • Purchase Powerball/Lotto tickets

Nedbank Cellphone Banking

Other than Nedbank online banking, you can use Nedbank’s USSD banking option to complete your online transaction. With this option, you neither need to download an application nor sign-up for an online account. Instead, you need to dial *120*001# on your mobile phone to do all your cellphone banking activities.

Some of the banking transactions that you can do through cellphone banking include:

  • Check balances without logging in
  • Login to view balance and the last 5 transactions
  • Make payments
  • Transfer cash
  • Send cash through the Send-iMali
  • Buy Powerball, Lotto tickets, airtime, data & SMS bundles, and Hollywood vouchers
  • Unblock, freeze or block your Nedbank cards

Nedbank internet banking offers you the convenience of safe online banking without the risk of data leakage. Through its simple registration process, all Nedbank users can create and use the internet banking features in the comfort of their homes or offices.

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