How to open or create a TymeBank account online in South Africa

TymeBank is a digital banking platform in South Africa, using technology to extend banking services to people who cannot access traditional banks. With the way things are, it is going to reach a time when everyone in South Africa uses TymeBank for online transactions due to their affordable rates and easy to access services. For all those interested in getting started with this new way of sending money online, we have created a guide on how to open or create a TymeBank account online in South Africa.

The process is easy and fast, and can be done entirely online. Apart from sending money affordably, buying airtime and data, and paying bills instantly, there are many benefits of having a TymeBank account. For instance, you get an opportunity to borrow money online with TymeBank. In case you are interested in other borrowing options, you can simply check out these instant online loan apps in South Africa.

How to open or create a TymeBank account online in South Africa

In order to open or create an account with TymeBank in South Africa, you will first need to download and install their mobile banking app. This app is freely available on Google play store for those using Android gadgets. After that, simply follow the steps below to create or open a TymeBank account online in South Africa:

1. Go to your phone or computer, open your favorite browser and visit this address: https://register.tymedigital.co.za/ to create an account

2. You will be requested to enter your South Africa ID number and tap on “Next”

3. The next step will require you to accept all TymeBank Terms and conditions before proceeding.

4. Next, provide your South Africa Cell phone number that will be attached to your TymeBank account.

5. After filling your number, a One-Time-Pin (OTP) will be sent to your number via SMS. Fill it in the provided fields in order to verify and confirm your number

6. You will get a screen notification saying “Your ID has been submitted.” Just click next to proceed.

7. In the following step, you will be asked a few questions to verify your identity. Just answer all the questions using the Yes/No boxes provided below.

8. Confirm that you are a resident of South Africa before the account creation process in started. You will wait for a few seconds.

9. When the process completes, you will be requested to create your secret 4-digit PIN or password for mobile banking and click “Next”

10. After that, you also need to setup your internet banking password, following the on screen instructions.

11. Provide your valid email address and also confirm it and that is it. Your TymeBank account is finally created and ready for use.

You may now log in using the mobile app to get started. You will get a transactional and savings account all in one without any monthly fees like those implied by traditional banks. All you need is your South African ID and your Cell phone number to get started.

Editorial Remarks

That is how you can open or create a TymeBank account online in South Africa in no time to take charge of all your finances. With this app, you can send and receive money, manage your transactions, buy airtime, pay bills, apply for loans and so much more. You are also eligible for a TymeBank Debit card and a credit card later after applying for it.

Frequently Asked Questions

Can I open a TymeBank account online?

Yes, TymeBank now allow you to open an EveryDay account online via the TymeBank app. To do this, you simply need your South Africa ID number, accept all TymeBank Terms and conditions, and provide your South Africa Cell phone number that will be attached to your TymeBank account. Lastly, you will need to visit any TymeBank kiosk to print out your card.

How much is a TymeBank card?

The good news is that there are no card fees and no mandatory minimum balances when it come to opening an account and depositing with TymeBank. After opening up your account online, all you need is to visit any TymeBank kiosk to print out your card.

Is TymeBank a savings account?

TymeBank also offers a Fixed Deposit savings account to its clients who want to save up funds. With this account type, TymeBank allows you to open as many accounts you want and also there are no minimum limits or maximum amounts

Can TymeBank receive international payments?

Yes, TymeBank can receive international payments. However, note that Currency conversions will be based on the prevailing exchange rates, and there might be additional fees for currency conversion. Secondly, international payments can take a few days to process, depending on the sending bank and country of origin.

What do you need to make a TymeBank card?

To print your TymeBank card at any Kiosk, you will need to have a South African ID number, an active South African cellphone number, and you must be at least 16 years or older.