Can a foreigner open a Tymebank account?

We’re a proudly digital bank so you don’t need any documents to open an account. You’ll just need to remember your registered South African ID number and have your cellphone with you to receive a one-time-pin (OTP).

Can I open a bank account in South Africa as a foreigner?

Whether you’re studying or working in South Africa or want to invest in the country from abroad, temporary residents and non-residents can easily open a Foreign Nationals bank account. As a temporary resident or non-resident, you can open a bank account in South Africa.

Is Tyme bank only for South Africans?

TymeBank is an exclusively digital retail bank based in South Africa.


Type Privately held company
Industry Banking, financial services
Founded 2015
Area served South Africa
Key people Patrice Motsepe, Coen Jonker, Tauriq Keraan (CEO), Thabani Jali (Chairman), Thabo Kelvin Ndimande (Influencer)

How do you open a bank account if you are a foreigner?

You’ll Need an ID

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Foreign or not, applicants for a bank account must at least verify their name, date of birth, and physical address, say, from a utility bill. But if you’re foreign-born, you may need to offer more. These customers also need to show photo identification that includes a numeric identity.

What do you need to open TymeBank account?

All you need is your SA ID number, thumbprint and an active SA cellphone.

Which countries allow foreigners to open bank accounts?

5 Best Countries to Open Offshore Bank Accounts

  • 5 Best Countries to Open Offshore Bank Accounts. …
  • Cayman Islands. …
  • Switzerland. …
  • Singapore. …
  • Germany. …
  • Belize.

Can I open a TymeBank account for my child?

You can also open an EveryDay Personal Account with TymeBank for your children to use when they are old enough or if they are 16 years or older, they can open their own account. What you will need: … You must be 16 years or older to open a TymeBank account.

Who owns TymeBank in South Africa?

TymeBank is majority owned by Dr Patrice Motsepe’s African Rainbow Capital, which remains the majority shareholder post this investment.

Where can I open TymeBank account?

You can open your account online khona manje and then collect your Visa debit card – with your name on it – from a TymeBank kiosk later. Or if old school is more your style, you can open an account at a TymeBank kiosk and get your debit card at the same time.

How much does it cost to open a TymeBank account?

It costs nothing to open an account and you will not require any minimum deposit to keep your account open.

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How can a foreigner open a bank account in the Philippines?

How to Open a Bank Account in the Philippines

  1. Two forms of government-issued ID. For foreigners, this should be your passport and ACR I-Card (Alien Certificate of Registration Identity Card)
  2. 1X1 photo of yourself.
  3. Proof of address, such as a utility bill or lease.

Can a non citizen get a bank account?

In most cases, a non-U.S. citizen cannot open an account online. Instead, you’d need to visit a branch for a bank or credit union to open an account. Santander Bank, for example, accepts online applications only from U.S. residents or resident aliens who have a Social Security number or ITIN.

What is non-resident bank account?

Non-Resident bank accounts are those, which are maintained by Indian nationals and Persons of Indian origin resident abroad, foreign nationals and foreign companies in India.

Can I open a TymeBank account at Pick n Pay?

Open your TymeBank EveryDay account online now or at a TymeBank kiosk in most Pick n Pay and Boxer stores and get your Visa debit card at the same time.

What type of account is TymeBank?

Tymebank Everyday account (also known as Tyme bank savings account) is a bank account that serves two purposes. It can be used as both a savings and a checking account. This dual-purpose account is South Africa’s first 100 percent online bank account.

Can I use my TymeBank card at any ATM?

Open an EveryDay account

Open a TymeBank EveryDay account and get a free Visa debit card that can be used at any ATM or till point in SA.