Depositing funds by SID instant EFT is one of 3 different methods offered on the SatrixNOW platform.
For details on the other deposit methods available (EFT and Credit card), as well as how you can access the Deposit page on the platform - please click on the link HERE
Once you've arrived at the 'Deposit funds page' - accessible directly via THIS link - please follow the steps below to complete your SID instant EFT deposit:
1. You will be greeted with the 3 payment options available with EFT selected as the default option (see image below):
The 'deposit amount' cell (top left in the image above) is a fantastic tool that gives SatrixNOW Investors the opportunity to see the exact Rand value of the costs that will be charged on their deposit.
By entering in the amount they wish to deposit and clicking on the refresh button to the far right of the cell, the table will then automatically populate itself with the deposit amount and show the fixed charge and percentage charge associated with the deposit transaction.
In the example above, you can see that on a deposit amount of R1,000, an Investor would be charged an amount of R16.60 to deposit an amount of R1,000 using the SID instant EFT method of deposit.
2. Clicking on the "Deposit into SatrixNOW" button just below the bottom-right of the cost table (as displayed in the image above), will redirect the client to the SID payment page, giving them the option to choose the bank they bank with - see image below.
From there the client can use the username and password they would to login to their online bank account, and then follow the simple instructions to complete the Instant SID deposit.