Deposit and withdrawal methods
Local rails for moving money in and out: Ozow instant EFT, cards, wallets, and bank transfers. Not one method below carries a platform fee, and each processing time is written the way it behaves, not the way it markets.
Withdrawal methods
| Payment method | Type | Fee | Processing time | Description |
|---|---|---|---|---|
| Bank transfer (EFT) | Bank transfer | Free | 1 to 3 business days | Withdrawals go to the verified South African bank account on file, in your own name, and normally complete within one to three business days after checks. |
| Visa | Debit or credit card | Free | 1 to 5 business days | Card payouts return to the same Visa card where your bank supports it. Final posting depends on the issuer and usually takes one to five business days. |
| Mastercard | Debit or credit card | Free | 1 to 5 business days | Mastercard payouts return to the funding card where the issuer supports it, typically within one to five business days. |
| PayPal | Electronic wallet | Free | Within 24 hours | Withdrawals return to the PayPal account used for deposits. After internal approval, funds are usually available in PayPal within 24 hours. |
Deposit methods
| Payment method | Type | Fee | Processing time | Description |
|---|---|---|---|---|
| Ozow instant EFT | Instant bank transfer | Free | Instant | Ozow connects directly to your bank and confirms payment in your banking app. Deposits normally reach the trading account within a couple of minutes, around the clock. |
| Visa | Debit or credit card | Free | Instant | Visa deposits are authorised in seconds and may pass an extra Verified by Visa check. After approval the amount is normally credited immediately. |
| Mastercard | Debit or credit card | Free | Instant | Mastercard deposits use Identity Check verification for security. Once the transaction is approved the funds are typically available straight away. |
| PayPal | Electronic wallet | Free | Instant | PayPal lets you fund the account from a linked card or bank. After confirming the payment in PayPal the deposit usually arrives instantly. |
| Apple Pay | Mobile wallet | Free | Instant | Apple Pay deposits from iPhone or iPad are confirmed with Face ID, Touch ID, or the device passcode and normally process instantly. |
| Google Pay | Mobile wallet | Free | Instant | Google Pay deposits from Android devices authenticate on the device and are usually credited without delay. |
| Manual EFT | Bank transfer | Free | 1 to 3 business days | Manual electronic funds transfers clear on standard banking rails. The deposit appears once your bank releases the batch, normally within one to three business days. |
Before you move money
Every payout runs under the written withdrawal policy, verification checks and limits included. Funding must arrive from a bank account, card, or wallet bearing your own name; money from anyone else is sent back, and a mismatch between the paying name and the account name causes more payout delays than anything else. Keep your FICA details up to date, and Client Support and Compliance at [email protected] answers questions about any specific rail.