This article should give you a head start on how to transfer money from nsfas wallet to bank account without any issues. But before I that let’s look on what nsfas is all about:
About Nsfas Wallet?
The National Student Financial Aid Scheme (NSFAS) is a South African government student financial aid scheme which provides financial aid to undergraduate students to help pay for the cost of their tertiary education after finishing high school.
It is funded by the Department of Higher Education and Training. The program also manages bursaries such as the Funza Lushaka Teacher Bursary (for students pursuing a teaching qualification), DHET Disability Bursary and other bursaries from the Sector Education and Training Authorities (SETAs).
How Does Nsfas Wallet Work?
NSFAS Wallet is said to be an allowance for college funded students by NSFAS. Students receive allowances directly from NSFAS to withdraw or spend at any trader that’s partnered with the organization.
The NSFAS Wallet itself is in a way, a bank account. Once your funds are loaded into your NSFAS wallet, you then create a cash voucher. You then go to a participating store and present that voucher to get money in return.
And when it comes to transfering money from NSFAS wallet to your bank account, it is quite impossible but i have figured out a way to helps you get your funds into your local bank account easily after creating a Nsfas Wallet.
How To Create Nsfas Wallet Online
An illustration guide on how to create Nsfas Wallet successfully without any inch 2022.
1. Dial *120*176# with your phone.
2. Verify your NSFAS Account.
3. Create a preferred username and password for your NSFAS e-wallet
4. Verify your e-wallet
5. Dial *120*176# to access your wallet
6. Access your wallet online via celbux.appspot.com
That’s how to successfully create NSFAS Wallet access.
How To Transfer Money From Nsfas Wallet To Bank Account Immediately
Note: transferring of money from nsfas wallet to your bank account is not possible.
But you can create a cash voucher where your allowances are loaded into your NSFAS wallet.
When you create a cash voucher, you go to any NSFAS participating store to exchange your voucher for physical cash.
You can also use NSFAS cash voucher to buy items at any participating stores if you don’t need physical money.
So Here in this trick you will need to first of all create a cash voucher, by dialing
*134*176#; Enter your NSFAS wallet password;
Select option 1. Cash Voucher.
2). Pay a visit to a participating store and present that voucher to get cash in return, after completely getting your cash.
3). Go to your bank or a pos machine and deposit the money into your local bank account period.
That’s how you can simply get your NSFAS Wallet money transferred into your bank account.
Conclusion On How To Transfer Money From Nsfas Wallet To Bank Account
Transferring of money from nsfas wallet to your bank account is not possible.
But you can create a cash voucher where your allowances are loaded into your NSFAS wallet.
When you create a cash voucher, you go to any NSFAS participating store to exchange your voucher for physical cash.
You can also use NSFAS cash voucher to buy items at any participating stores if you don’t need physical money.
