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Are Universal Branch Codes Important?

Are you not sure if you should use universal branch codes or standard banks branch code?

Well, here is why you should consider universal codes instead of using individual FNB branch code as an example.

After making a lot of payments over the years, it can be difficult to determine which South African bank branch codes to use.

Banks are beginning to recognize how inconvenient this is for their consumers and are beginning to use standardized banking codes in some instances.

Transferring money between our banking institutions in South Africa can be a little annoying and stressful at times.

Simple things like adding a new recipient isn’t often the easiest procedure, and we’re frequently stressed out about double-checking account numbers and branch codes until submitting a payment.

Universal Branch Codes vs. Branch Codes

In South Africa, we have the choice of banking with uniform branch codes or banks with individual branch codes.

If you choose a bank that is user-friendly and has a common code for all branches, you can quickly discover that there are several options.

Rand Merchant Bank Universal Branch Code

Individuals should use the Universal RMB Branch Code when transacting electronically, where the conversion of funds allows an individual to enter the branch code.

Different banks have branch codes that are unique to them.

These codes act as an identification code for financial transactions.

The Universal RMB Branch Code’s most simple use is to ensure that funds are passed to the correct bank.

Rand Merchant Bank uses a Universal Branch code, which is 261251.

You’ve come to the right place if you’re looking for your South African bank’s universal branch codes.

The table below contains a complete list of all the Branch Codes for All Banks in South Africa.

Bank Name Universal Branch Code(s)
ABSA Bank 632 005
Bank of Athens 410 506
FNB (First National Bank) 250655
Bidvest Bank 462 005
FirstRand Bank 450 655
Capitec Bank 470 010
Investec Bank 580 105
Nedbank 198 765
SA Post Bank (Post Office) 460 005
Discovery Bank 679 000
Standard Bank 051 001
African Bank 430 000
Grindrod Bank 223 626
Merchantile Bank 450 105
Old Mutual Bank 462 005
Sasfin Bank Limited 683 000
Tyme Bank 678 910

Frequently Asked Questions

What Is FNB Universal Branch Code?

The FNB universal branch code(s) for all the South African banks is: 250 655

You may also be interested in finding individual FNB branch code(s). Click here

What Is A Branch Code?

An individual bank branch code is a special and unique identifier for a specific bank branch.

How Do I Find My Bank Branch Code?

An individual bank branch codes can be found at the nearest or branch that you used to open your bank account.

Alternatively, you can simply visit your specific bank’s website and use a branch locator to find your own branch code.

Does Standard Bank Have a Universal Branch Code?

Yes, Standard Bank has its unique universal branch code as follows: 051 001

Does Capitec Have A Universal Branch Code?

Yes definitely, here is Capitec Bank universal branch code 470 010

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