Sending and getting money fast is very important nowadays. FNB eWallet makes this easy. But how long can money stay in your eWallet? This guide explains the expiry period and other key details about eWallet.
What is eWallet?
eWallet allows FNB customers to transfer funds to any South African mobile number. It’s a convenient way to send money without needing bank account details.
How long Does Money Stay in eWallet FNB?
Any money received in your eWallet stays for 14 business days before being sent back to the sender automatically. So you must withdraw the cash within this timeframe if you don’t want it reversed.
However, if you transfer money from your own FNB account to eWallet, those funds stay in your eWallet until you withdraw or transfer them out.
How to Link eWallet to FNB Account?
To use eWallet, first link it to your FNB account:
- Download FNB app
- Open app, go to Menu > eWallet
- Enter online banking password
- Enter mobile number and get one-time PIN (OTP)
- Enter OTP to link eWallet
How to send Money on eWallet?
You can send money on eWallet in various ways:
Mobile Banking:
- Dial *120*321#
- Select eWallet
- Choose account
- Enter recipient’s number and amount
- Confirm
Online Banking:
- Log in
- Select Send Money > Once-off
- Enter details
- Confirm with OTP
App:
- Log in to FNB app
- Go to Send Money
- Select account
- Send to eWallet, enter details
- Confirm
ATM:
- Insert card, enter PIN
- More Options > Send/Receive Money > eWallet
- Enter recipient’s number and amount
- Confirm
How to Check eWallet Balance?
Check eWallet balance by dialing *103*392# on mobile. Max balance is R1,000,000.
Withdrawing Money
Withdraw received eWallet money from FNB ATM even without card:
- At ATM, select Cardless Services > eWallet
- Enter mobile number
- Enter ATM PIN received via SMS
- Enter amount, confirm
Other Details
- If not withdrawn in 14 days, money is reversed to sender
- Contact FNB if you miss ATM PIN SMS
- No specific withdrawal limits mentioned
Conclusion
FNB eWallet is handy for sending/receiving money conveniently using just a mobile number. But remember, received funds expire after 14 business days if not withdrawn. Follow the steps carefully to use eWallet properly and avoid losing money.
