How does Nedbank Send-iMali work?

Access Send-iMali via Internet Banking, *120*001# and via the Nedbank AppSuite. 
All that the sender enters is the recipient’s cellphone number and the amount to be sent.
The recipient will then automatically receive an SMS with simple instructions on how to withdraw the money at a Nedbank ATM.
The recipient will be prompted to dial *120*001# to generate a unique ATM pin code which is used at any Nedbank ATM to access the money, with a cardless withdrawal. And, there’s no fee for the recipient.
The sender sends or pays money with nothing more than the recipient’s cellphone number. The recipient in turn, withdraws their money at no cost to them, without needing either a bank card or account. Nedbank Send-iMali is a secure, cost-effective and easy-to-use solution for sending or paying cash. Do more of your banking anytime, anywhere.