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- Log on to your Absa online banking.
- Select Payments, Add a beneficiary or group, and then Beneficiary.
- Enter Nedbank in the institution name field.
- Select Nedbank Limited Investments. Its institution code and bank account number will be populated automatically.
- Enter the 12-digit Nedbank investment number as the reference number.
- Enter the remaining details needed.
- Click on Add a beneficiary.
And you’re all set