A new player, Bitkesh entered the scene remittances and is a selling point for "free". However, as I explained yesterday, Bitkesh not necessarily "free", but the price / fees hidden in the Rand / RTGS dollar exchange rate mechanism.
How long it takes for the recipient to receive money
During working hours it takes 30 minutes to an hour, after a few hours it takes up to 2 hours
If money is reflected in my wallet Bitkesh (when I pass it to the South African bank account)
All contributions above R150 should reflect within 5 minutes from the siege. The sum of R150 and less affectionately refer to a consultant through the app (in the upper right corner of the homepage) for manual credit.
What happens if I make a small deposit?
If you make a deposit of at least R150-affectionately refer to a consultant for manual credit, because the system does not pick up such amounts.
Who determines the speed?
We have technicians who fix the rate in accordance with market conditions.
What payments / fees?
There are no fees or hidden costs, we only use the speed, which is constantly changing.
Can Zimbabwe This recipient will receive USD or cash?
At the moment, we do not deal in cash and all the money received through the RTGS $ ecocash / ZipIt.
Bitkesh can be used to send money anywhere in South Africa?
Currently Bitkesh only support Zimbabwe and South Africa, but continue to watch our website for more countries in the near future.
When I send money from Zimbabwe to South Africa, whether the receiver has to get the money right away?
What you need to send money using Bitkesh?
Currently Bitkesh banks with FNB, Standard Bank and Absa. Operations carried out in other banks will take 72 hours, if the amount does not exceed the ZAR3000 or the client pays the bank charge R50 for instant payment. Please note, the standard for standard transmissions can take from 30 minutes to 24 hours. These conditions are provided for these banks and are beyond our control.
How to send money?
You just need to download and sign up for the mobile / Bitkesh web application and you are ready to make a deal. Registration requires an operational mobile phone numbers, email addresses and photos.
Where are you?
Johannesburg office is located on the 9th Floor, Atrium 5 in Sandton City, 83 Rivonia Road Sandhurt. Harare office is located in Suite 4 Cyrex Offices, Level 12, Joina city.
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