Universal Branch Codes for South African Banks
FNB | 250 655 |
ABSA Bank | 632 005 |
Nedbank | 198 765 |
Standard Bank | 051 001 |
Capitec Bank | 470 010 |
Bidvest Bank | 462 005 |
Investec | 580 105 |
Bank of Athens | 410 506 |
SA Post Bank (Post Office) | 460 005 |
African Bank | 430000 |
Tyme Bank | 678910 |
As a South African who uses online banking and telephone banking, you are going to need universal branch codes.
Branch Code vs Universal Branch Code
Let’s break down the difference between a branch code and a universal branch code.
Branch Code – The branch code of a bank identifies the area where that bank branch is located, so every bank branch will have one.
Universal Branch Code – This code is a single code for all the branches of a bank, this means that you can use this single code for any transaction that you make, regardless of which branch of the bank you opened your account at.
I have noticed that with FNB internet banking, the system literally chooses the code for you, as soon as you select the bank, I am not sure if other banks do the same.
If you are one of those people who bank a lot, you can use the universal branch code when making your payments online, your payments will still be tracked accordigly.