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Can you withdraw money from your Momentum account?
Yes. You can make one withdrawal per tax year at any time. You may withdraw the entire balance from your savings component, provided the withdrawal is at least R2 000.
How can I withdraw my money from my account?
Use an ATM Every ATM is slightly different but you simply insert your debit card, enter your PIN (personal identification number), select the account you wish to withdraw money from (if you have more than one), enter the amount, and then wait for the ATM to give you your cash and a receipt.
How long does momentum take to payout?
As soon as Momentum has received all outstanding requirements, we will process the request within 24 hours, subject to a one-off accelerator of R100. 00, which will be withdrawn from the remaining fund value. If this section is not filled in and signed, Momentum cannot accelerate the payment.
How do I withdraw money from Momentum money?
How do I withdraw from my savings pot? You can only withdraw online by logging in to momentum.co.za. We need your correct personal information. If we dont have your tax number, email it to us. The minimum amount you may withdraw is R2 000 once every tax year. We charge R200 for the withdrawal.
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How do I withdraw money from my Momentum Plus savings account?
To make a withdrawl from your Momentum PLUS Savings Account (MPSA): From your Accounts page, select Transfers. Go to Transfer Funds and select Between Accounts. Choose either Once or schedule a Recurring transfer.
How do I claim my money from Momentum?
How to submit a claim Sharecall (South Africa) 0860 441 111. Call (South Africa) 012 675 3052. Call (International) +27 11 505 1552. Death claims and unclaimed assets. deathclaims@momentum.co.za. Lump sum benefit claims. lumpsumclaims@momentum.co.za. Recurring payout benefit claims. Fax (South Africa) Fax (International)
Can I withdraw from my Momentum savings account?
You can withdraw your money at any time. However, if you withdraw before the premium period ends, you will not earn the premium interest.
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