1. Log on to your Absa online banking.
  2. Select Payments, Add a beneficiary or group, and then Beneficiary.
  3. Enter Nedbank in the institution name field.
  4. Select Nedbank Limited Investments. Its institution code and bank account number will be populated automatically.
  5. Enter the 12-digit Nedbank investment number as the reference number.
  6. Enter the remaining details needed.
  7. Click on Add a beneficiary.

And you’re all set

To make payments into your Nedbank investment account easily from Absa, follow these steps.