- Jan 17, 2005
"I'm surprised that Tyme is not making more of the fact that you can open an account --- WITHOUT an ID, proof of address and your granny's knickers -- in just 5 minutes? And the Tyme terminal (found inside most PnPs) prints an actual Visa card right there! Why is it that everyone else wants a copy of my ID, proof of address, and the aforementioned granny's knickers?
If done online
https://businesstech.co.za/news/banking/283534/tymebank-everything-you-need-to-know-about-south-africas-first-digital-only-bank/, you will have access to your account, but it will be limited in how much you can transact until you go to a kiosk and “upgrade” your account (for free) to a full account through capturing biometric data, and registering your residential address.
You will also get a free debit card immediately.
FICA verification is done when you open or upgrade an account. Your ID number and thumbprints are checked electronically with the Department of Home Affairs. Your residential address and other personal information is confirmed against existing data when you answer a few easy questions."