You can register a payee as a registered payee and enjoy a higher daily transfer limit (i.e. registered payee limit) than a non-registered payee.
Registration steps – Local Transfer / Overseas Remittance
■ Register a payee before transferring
You can add/search for a payee or select a payee from your payee list to enter the transfer page with this payee. On the top right, you can choose “Register Payee”. If you do not have any registered payees, you can also set up the registered payee transfer limit. Please note that for security reasons, you will be asked to undergo facial recognition to register a payee. You will receive notifications from ZA Bank after setup.
■ Register payee after transfer
If the payee is a non-registered payee, you will see a “Register Payee” button after a successful transfer on the Transfer Result page. The registration steps are the same as above. You will receive notifications from ZA Bank after setup.