For migrant workers and other expats residing in South Africa, transferring money home can be a challenging process. Sikhona Money Transfer is one of the best options for sending money safely and reliably.
As part of Sikhona Forex (PTY) Ltd., Sikhona’s money transfer arm is able to convey transfers to more than 150 countries globally, and is a convenient way of doing this, especially when using the app.
Prerequisites for using the app
As one of the most trusted money transfer services in South Africa, Sikhona has partnered with other remittance services to design an app that is user-friendly, secure and efficient, and as accessible to you as your own smartphone.
In order to get going, however, you will need to take some preliminary steps and ensure that you have the relevant documentation in case this is required.
In addition to being at least 18 years old, customers will have to provide the following documents when performing a transaction:
- South African identity document
- Foreign passport
- Asylum documentation
Be sure to have one of these available as they will be needed to register as a user on the app.
Conditions and limitations
Clients using a South African ID document are confined to a daily transfer limit of R 49 999. 99 and a monthly limit of R 75 000.00.
Those using identity papers other than the SA ID document are limited to a daily amount of R5000.00 and a monthly amount of R 24 999.00.
Always check exchange rates as these can vary from time to time, and make sure you know before you transact what the transaction fee structures are.
Sikhona offers one of the cheapest options for money transfer services online. Enquiries can be made by contacting Sikhona directly by phone or by sending an email query. Don’t hesitate to ask about any aspect of the transfer you are intending to make.
Using the Sikhona app
- The first step is registration using the software application, which can be downloaded on both Android or iOS services.
- For application purposes, you will need to enter all the required details, accompanied by an image of your South African ID document or other relevant documentation.
- Once you have registered, you will immediately be able to make use of the Sikhona app with all its user-friendly and efficient services.
- Among these features is the ability to add one or more beneficiaries to your list of payees. This means that you won’t have to repeat the process of providing beneficiary details every time you want to make a money transfer.
- After the beneficiary list has been set up, you can proceed with your transaction by following the simple prompted steps as they appear onscreen. Money transfer services can hardly get easier than this.
- Having completed the steps required to make the transaction, you will be asked to provide your beneficiary with a once off collection pin number. This pin will allow the recipient to collect the money you have sent.
Using the Sikhona app is as simple as that, and enables you to make transactions from wherever you happen to be.
