Deposit and Withdrawal on Exness using Internet Banking in South Africa

Internet Banking in South Africa on Exness

Top up your trading account in South African rands via Internet banking, a payment method that allows you to transfer funds online from your bank account to your Exness account.

As opposed to payments in USD or any other currency, depositing using your local currency means saving on currency conversion. Additionally, there is no commission when funding your Exness account via Internet banking in South Africa.

Here’s what you need to know about using internet banking in South Africa:

	South Africa
Minimum Deposit	USD 10 USD
Maximum Deposit	USD 29 000
Minimum Withdrawal	USD 4
Maximum Withdrawal	USD 15 300
Deposit and Withdrawal Processing Fees	Free
Deposit Processing Time	Instant*
Withdrawal Processing Time	Up to 72 hours or 3 working days

*The term “instant” indicates that a transaction will be carried out within a few seconds without manual processing by our financial department specialists.

Note: The limits specified above are per transaction unless mentioned otherwise.

Deposit using Internet banking

1. Go to the Deposit section in your Personal Area, and click Internet banking.

2. Select the trading account you would like to top up, enter the deposit amount (in ZAR), and click Next.

3. Check all details and click on Confirm Payment.

4. You’ll be redirected to the page where you’ll need to select your bank and follow the prompts to complete payment.

Here is a list of the details required by each bank:
 

Name of the bank	Information required
ABSA	Access account number, PIN, and user number
Standard Bank	Email and password
First National Bank (FNB)	Username and password for internet banking
NEDBANK	Profile number, PIN, and password
Capitec Bank	Username and password/remote PIN
Investec	Investec ID and password

Once you complete the payment, the funds will be credited to your Exness account instantly.

Withdrawal using Internet banking

1. Click Internet Banking in the Withdrawal section of your Personal Area.

2. Select the trading account you would like to withdraw funds from, choose the withdrawal currency, and specify the withdrawal amount in your account currency. Click Next.

3. A summary of the transaction will be shown. Enter the verification code sent to you either by email or SMS depending on your Personal Area security type. Click Confirm withdrawal.

4. You will be redirected to the payment gateway page where you will need to input your bank account number, your name and choose a bank from the dropdown. Click Submit.

The funds will be credited to your bank account within 3 working days.