TymeBank: Purpose, Values, FAQ, Contact Details

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

Purpose

TymeBank does not have any physical bank branches and relies on an Android banking App, an Internet Banking site and a partnership with two retail chains, Pick n Pay and Boxer, to host a national network of self-service kiosks that facilitate the account opening process

Values

Core Values

  • Excellence
  • Integrity
  • Trustworthy
  • Transparents

FAQ

Which Bank Does Tyme Bank Fall Under?

TymeBank is South Africa’s first majority black owned bank focused on retail and business banking. Its majority shareholder, African Rainbow Capital (ARC) Financial Services Holdings, bought the business from the Commonwealth Bank of Australia in November 2018.

Who Is the Owner of Tyme Bank?

On 5 November 2018, African Rainbow Capital Financial Services Holdings – owned by South African entrepreneur Patrice Motsepe – obtained approval from the South African Reserve Bank to acquire CBSA’s 90% majority stake in the business.

Where Can I Withdraw Money from Tyme Bank?

The money will be in your EveryDay account the moment it’s been sent. You can withdraw the money from any ATM for R9 per R1000 in Mzansi, or withdraw it at any till point at all Pick n Pay and Boxer stores for FREE.

How Do You Earn Interest on Tyme Bank?

The longer you save, the higher the rate. We start you off at 4% for the first 30 days, 5% for the next 60 days and then boost you to 6% after 90 days. If you’re willing to wait for 10 days to get your money, we will give you a bonus that will take the maximum interest you can earn up to 7%.

What’s the Tyme Bank  Ussd Code?

What is the number to access TymeBank USSD. Or if you don’t have airtime you can use *130*543# to buy airtime.

Contact Details

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