South African banks do not use IBAN numbers and it should not be required for payments to Capitec Bank. Should the paying entity force the capturing of an IBAN account number they can use the Capitec 10 digit account number preceded by zeroes (“0”). For example: the IBAN reference could be 0000001123456789.

Can Capitec receive money from overseas?

Yes. While outward international transfers aren’t available, receiving money from overseas in South Africa is still possible with Capitec. These transfers are routed through Nedbank, but still require the sender to specify Capitec’s SWIFT/BIC code, CABLZAJJ.

What is the BIC Code of Capitec Bank?

A SWIFT code (or BIC code) is a unique code that identifies financial and non-financial institutions and is mainly used for international wire transfers between banks. In this page you will find detailed information about the swift code “CABLZAJJXXX” of “CAPITEC BANK LIMITED”.

Is it expensive to send money through Capitec Bank?

In this page you will find detailed information about the swift code “ CABLZAJJXXX ” of “ CAPITEC BANK LIMITED ”. Sending money via your bank can be expensive because of markups they add to the exchange rate. You may want to consider alternatives like TransferWise who are up to 5x cheaper than banks for sending and receiving money abroad.

Where is the Capitec Bank in Stellenbosch located?

Capitec bank address is 10 Quantum Road, Techno Park, Stellenbosch. The International Bank account number (IBAN) of Capitec Bank customer is a combination of the customers’ bank account number and the branch code.

Can you use PayPal to withdraw from Capitec Bank?

Note: Capitec does not currently offer integrated PayPal functionality, but if you register your Capitec account on the FNB withdraw service with PayPal, you can withdraw funds from your PayPal account. However, if you want to make a transaction, you can use the branch code for Capitec Bank which is 470010 as shown in the table above.