How do I link my bank account and make instant deposit - South Africa
There are two almost identical paths, with some diverging steps. To deposit funds on Yellow Card as a new user, please follow these steps:
Step 1
Log in to the mobile or web App and select “Deposit” tab
Step 2
Under payment method, select " Deposit from a linked account."
Step 3
Confirm whether you use the bank options we currently support
Step 4
Select “Go back” if you do not use any of the supported banks to choose another method to deposit money to your ZAR wallet
Step 5
Enter the amount you wish to deposit ( minimum ZAR 100).
Step 6
Confirm the applicable fees and amount to be received to your ZAR wallet then select “ Pay from bank account.”
Step 7
Select your bank from our supported options.
Step 5
Using your login and password, connect to your bank's account, then select your account and confirm. You will have to verify your identity with Multi-Factor Authentication (MFA)
Your data will be encrypted, and your details with never be shared with anyone - including Stitch and Yellow Card.
Step 6
You will be redirected to Yellow Card with a breakdown of your transaction. Click on " Pay from a bank account" to confirm.
Step 7
Enter the OTP sent to your device to approve the payment.
Step 8
That's it! Your ZAR is in your wallet, ready to buy crypto of your choice.
To deposit funds on Yellow Card as an existing user, please follow these steps
Step 1
Log in to the mobile or web App and select “Deposit” tab
Step 2
Under payment method, select " Deposit from a linked account."
Step 3
Enter the amount you wish to deposit (minimum ZAR 100).
Step 4
Select one of your linked bank from our supported options.
Step 5
Review the breakdown of your transaction, then select on " Pay from a bank account" to confirm.
Step 6
You may be required to approve the transaction using MFA or an OTP by your bank.
Step 7
That's it! Your ZAR is in your wallet, ready to buy crypto of your choice.
Financially yours, Yellow Card.
If you wish to use the Bank Transfer option – please follow the instructions in the Yellow Card app, and then make the deposit to the Sasfin bank account indicated using the reference provided.
FAQ
Can I deposit funds without linking my account?
No, in order to use the instant Linked Account option, you will first need to link your bank account.
How long does it take for my funds to reflect in my wallet using the instant Linked Account option?
Once you have completed the deposit, your fund will reflect instantly in your ZAR wallet.
Will I be charged a deposit fee when using the instant Linked Account option?
No, fees are currently zero-rated (i.e. free) on the instant Linked Account deposit option
Which banks are supported by the instant Linked Account option?
- Absa,
- Capitec,
- FNB,
- Nedbank, and
- Standard Bank
What if I do not have a bank with one of the supported banks?
If your bank is not supported by the instant Linked Account option, please revert back to the ‘Bank Transfer’ deposit option.