Tips and tricks on near-instant ZAR withdrawal processing
- Minimum 80 ZAR withdrawal amount.
- Near-Instant Withdrawals can only be made to South African bank accounts.
- Near-instant withdrawals will be processed every 5-15 minutes for withdrawals less than R250 000. Although processed every 5-15 minutes they may take up to 24 hours to reflect in your account depending on the banks.
- Near-instant withdrawals more than R250 000 will be processed during normal withdrawal times.
- Near-Instant Withdrawals are auto-enabled if you bank with the same bank as AltCoinTrader, at no additional cost and do not require you to check this field.
- Bank fraud monitoring may delay the Near-Instant Withdrawals on their side.
- Near-Instant Withdrawals of more than R250 000 may be delayed to the following business day as per the bank rules.
- Near-Instant payments can not be paid to Tyme bank.
- No withdrawals can be made to banks not listed on our platform.
- Near-Instante withdrawals are available on weekdays (Mondays- Fridays) between 8:00 a.m. - 2:00 p.m., however, need to be confirmed by 3:00 p.m. (excluding Public Holidays).
- Near-Instant Withdrawals can not be processed after 15:00, as the bank will delay it till the next business day.
- Near-Instant withdrawals contain an additional fee of R60.