Universal Branch Codes in South Africa - The Definitive Guide
Understanding The Universal Branch Codes In SA
People who really needs the use of branch codes are internet banking users.
Whenever you want to make a transaction to another bank account, the online system usually asks for a branch code for verification and quick processing.
And trust us, nobody saves bank branch codes in their cellphone contact list - NEVER.
That's when the use of generic or universal branch codes become significant.
You can use the universal code for any payment or internet transaction. It's very useful when you want to make an urgent payment to a friend and family members.
Quickly set them up as recipient with the universal branch code in your bank account. Make payment to them forever with internet banking or mobile apps.
Using bank universal branch codes is the best option for internet banking users - by far. The codes will save you a lot of stress and time.
You know it takes a while for banks to process transactions going to other banks, right?
Now just imagine if you didn't include the correct branch code. It might take longer for your transaction to be successfully processed.
It gets better.
South Africa's top banks have adopted the system of universal codes. So if you choose the best in banking, you'll get the best service in return.
South African Bank Universal Branch Codes
|SA Bank Name||Universal Branch Code|
|ABSA Bank||632 005|
|Bank of Athens||410 506|
|Bidvest Bank||462 005|
|Capitec Bank||470 010|
|SA Post Bank (Post Office)||460 005|
|Standard Bank||051 001|