What are the daily and monthly withdrawal limits for cellphone banking on Hollywoodbets?

Short Answer: The daily pay-out limit for cellphone banking (Instant Money, FNB eWallet, ABSA Cash Send, and Nedbank Send-iMali) on Hollywoodbets is R3,000. The monthly pay-out limit is R25,000.

These limits apply on a consolidated basis across all cash send options, meaning you cannot bypass them by switching between different banks.

1. How the Consolidated Limits Work

If you withdraw R3,000 using Standard Bank Instant Money, you cannot withdraw any more funds via FNB eWallet or ABSA Cash Send on that same day. Your combined daily total across all cellphone banking methods cannot exceed R3,000. The same logic applies to the R25,000 monthly cap.

2. Minimum Amounts and Processing

While the maximums are fixed, the minimum withdrawal amounts vary by provider. Standard Bank Instant Money, FNB eWallet, and ABSA Cash Send require a minimum of R100, while Nedbank Send-iMali requires a minimum of R200. Withdrawals are processed within 72 hours of the request, subject to banking hours and verification processes.