How to Withdraw ABSA Cash Send: A Comprehensive Guide
Understanding ABSA Cash Send Withdrawal Process
ABSA Cash Send is a convenient and secure way to send and receive money in South Africa. However, many users are unaware of the process for withdrawing cash from their ABSA Cash Send account. In this section, we will provide a step-by-step guide on how to withdraw cash using your ABSA Cash Send service.
To withdraw cash, you can use various methods such as:
- ATMs: You can use any ATM in South Africa that is connected to the Absa network.
- Till Points: Visit an Absa branch or a participating retailer's till point to withdraw cash.
When using an ATM, ensure you have sufficient funds in your account and know the daily withdrawal limit. If you attempt to withdraw more than the available balance, the transaction will be declined.
Benefits of Using ABSA Cash Send for Withdrawals
Using ABSA Cash Send offers several benefits when it comes to withdrawing cash:
- Convenience: You can access your money from anywhere in South Africa using an ATM or till point.
- Security: Your transactions are encrypted and secure, reducing the risk of fraud.
- No Fees: Withdrawing cash through ABSA Cash Send does not incur any additional fees.
ABSA Cash Send Withdrawal Limits and Fees
Understanding Daily and Weekly Withdrawal Limits
To avoid any inconvenience, it's essential to understand the daily and weekly withdrawal limits for your ABSA Cash Send account. These limits are in place to prevent unauthorized transactions and maintain the security of your account.
The daily withdrawal limit varies depending on your account type:
| Account Type |
Daily Withdrawal Limit (R) |
| ABSA Cash Send Basic |
1,000 |
| ABSA Cash Send Standard |
2,500 |
| ABSA Cash Send Premium |
No Limit (subject to account verification) |
Cash Withdrawal Fees for ABSA Cash Send Users
While withdrawing cash through ABSA Cash Send does not incur any fees, there may be charges associated with other services:
- ATM withdrawal fee: R10 (charged by the ATM operator)
- Till point transaction fee: R5 (charged by Absa)
