How it works
Please make some time to read the rules below and familiarise yourself with how the platform works
Become a member
To Join ,Sign Up with your Email address,Bank account/Bitcoin address & Username.Why MoneySaverSA?
Money Saver SA will send a login info & please login with a password sent to you to help us track your records.
You can join the platform for FREE in order to participate.
You need to have a Bank account and/or Bitcoin wallet address to participate.
You join at your own free time and no risk & only the information needed for payment will be shared with other staff.
You need to have cash on hand to participate and join & our Bank details will be sent immediately in your email address.
You choose a package of the amount you will like to contribute into MoneysaverSA A/cmake money with MoneysaverSA.
When you register you must make a pledge. Your initial amount must be a minimum of R250.
You are allowed as many investment plans as you like.
You can only make payments into FNB Stockvel trust bank account sent to your email address or phone.
The money in MSA Stokvel will be deposited into our FNB Trust Account. The Director authorised by the group to bind or act on behalf of MSA Stokvel, in establishing profitable relationships that benefit the members of MSA Stokvel.
Signing power and transaction authorisation of the MSA Stokvel investments will be held by the Director, Treasurer and Secretary of the group. Only instructions and authorisation through the MSA Stokvel platform approval process will be actioned and processed.
As members of the group, we agree to our Director in accepting the non-discretionary mandate of MSA Stokvel. Should the authorisation/instructions given to MSA Stokvel on it’s platform to pay any amounts to a third party (individual or institution that is not a member of MSA Stokvel), as members we hereby unconditionally absolve and indemnify MSA Stokvel from and against all and any loss, damage, costs and expenses which we or any other person whatsoever, may sustain or incur, either directly or indirectly as a result of the MSA Stokvel, paying any amounts (as per authorisation/instructions) into the bank account of a third party.
The Director Non-Discretionary Mandate to MSA Stokvel
In my capacity as Director of MSA Stokvel and as instructed by the members of the group, I hereby authorise and empower MSA Stokvel to open a Nedbank Trust Account and a Nedbank Cheque Account in the name of the MSA Stokvel (Pty) Ltd.
This authority further furnishes MSA Stokvel with the power to transact and perform electronic transfers on the FNB Trust Account only upon electronic direct instruction through the MSA Stokvel platform.
I hereby warrant that the information provided on this mandate form, constitution and together with my FICA documents uploaded on MSA Stokvel platform are correct.
Each member will agree to a 6 or 12 Month lock-in Saving Period. Savings can be paid to the Stokvel by either a Debit Order, EFT or Cash Deposit into the FNB Trust Account only.
MoneysaverSA Stokvel has no joining fee.
If a member passes away, any money they are owed will be transferred to their estate. The laws that govern how a deceased estate is wound up will guide this process.
Code of Conduct
No member will use the name of MSA Stokvel for personal, business purposes or personal gain. Each member will be expected to conduct him or herself in a socially acceptable manner, especially while interacting on the MSA Stokvel’s social media and digital platforms.
In the event that MSA Stokvel closes, any extra funds and assets of the Stokvel will be shared amongst active members according to each member’s contribution value in to MSA Stokvel. Liability and debts will also be shared, according to each member’s contribution value in United African Stokvel if such debt is made by the Stokvel. Post closure of the Stokvel, MSA Stokvel will take this as final instruction to close the FNB Trust Account and Nedbank Cheque Account in the name of MoneysaverSA .
Exit of Member
Members may exit MoneysaverSA Stokvel when they wish, however their savings will only be paid out after the 6 or 12 month lock-in saving period ends, therefore members savings repaid will also only be based on the amount of money paid into MSA Stokvel.
You may cancel your pending investment before it gets Confirmed.
You will have 24 hours to make Bank to Bank payment.
You will have 9 hours to make Bitcoin to Bitcoin payment.
If you fail to pay you will get blocked or deleted to keep the platform clean.
Committee must ensure that the rules are followed.
– Ensure returns are paid to members in the correct time frame.
– Keep an accurate account of all MoneysaverSA Stokvel’s finances.
– Keep an accurate record of MoneysaverSA Stokvel’s activities and investments.
– Keep the MoneysaverSA Stokvel’s website current and up to date, informing members of our community success stories.
– Maintain the membership register.
– Maintain communication to our members, informing them of all activities of MoneysaverSA Stokvel.
3.2 Financial Governance, whose responsibilities are:
– Approve investment opportunities
– Ensure investments made are sound and profitable.
– Keep up-to-date with the financials of MoneysaverSA Stokvel.
3.3 Business Development Manager, whose responsibilities are:
– Explore opportunities that would enrich MoneysaverSA Stokvel and its members.
– Explore assets that could be beneficial to MoneysaverSA Stokvel and its members.
Each package/funds once activated will become due for payout in 30 Days or in the mentioned dates.
You will be required to recheck your banking details, before you withdraw for your matured funds.
You will be automatically set to withdraw in case you did not click a button first.
Payout waiting period may be within minutes or hours (this period is subject to change to longer hours depending on the growth of the community and payouts queuing but there is no delays until all are pleased.
This is a stockvel where people can not recommit, get help ,give help as a result of payments delays, MoneysaverSA does not hold any responsibility of other stockvel plans. MoneysaverSA Is a registered stockvel firm & known to be reliable and living entity whose financial ideas gathered into an authorised institutions in South Africa such as Easyequity and Absa . However,the number of members in MSA is not limited. Each member will be issued with a membership number. Members will supply MSA with their personal details : Full names, Bank account number,email address, ID/Passport number, contact details etc. MSA respects the rights and privacy of our members in accordance with the POPI ACT. Should a member pass away ,his or her family members will not automatically become members of MSA. Should a member a member pass away, their savings will be paid into their estate as governed by the rules of South Africa. The membership of this group is strictly a 6 or 12 month lock in period ,members may add a maximum of one new savings option per month.
Earn R100 bonus for every new Payment your referral make .
You will be eligible to withdraw minimum of R500 to R1000 from bonuses MADE.
If you fail to make payments on time Stated your account will get blocked.
To unblock your account you will have to pay a penalty fee of R150 to MoneysaverSA .
Money Saver SA reserves the right to blacklist your account anytime when you break the rules.