Capitec's cash send is a lifesaver, but what happens if the person you're sending money to doesn't collect it in time? Does the money disappear? Nope! A Capitec cash send will expire after 30 days if it is not collected.

I remember once I sent my cousin R500 for his birthday, and he completely forgot about it. After a month, I saw the money pop back into my account. I gave him a call and he was so embarrassed! He promised to collect it the next day if I sent it again. It was a funny situation, but I was relieved to know that my money was safe.

So, what happens when a Capitec cash send expires? It's simple: the money is returned to the sender's account. You don't have to do anything to get your money back. Capitec will automatically reverse the transaction after 30 days.

What if the PIN expires?

The PIN for a Capitec cash send doesn't expire separately from the cash send itself. If the 30 days are up, the entire transaction, including the PIN, becomes invalid. The sender will have to start a new cash send transaction and a new PIN will be generated.

I had this happen to me once when I was trying to pay a local seller for a second-hand bicycle. I sent the cash send, but they took a few days to get back to me with a collection time. By the time we arranged to meet, the 30 days were almost up. I had to cancel the cash send and create a new one to make sure there were no issues. It was a bit of a hassle, but it's better to be safe than sorry.

Here's a quick rundown of what you need to know about Capitec cash sends:

• Expiration: 30 days
• What happens when it expires: The money is returned to the sender.
• PIN: The PIN becomes invalid when the cash send expires.
• Fees: There is a fee for sending a cash send, and this is not refunded if the cash send expires. You can read more about the fees in our post about how much Capitec charges for a cash send.

Capitec's cash send is a convenient way to send money to people who don't have a bank account. Just make sure the person you're sending to is aware of the 30-day collection period.

Speaking of saving money, did you know you can earn vouchers for your favorite stores just by playing games and completing surveys on your phone? With the Points Castle app, you can earn points that you can redeem for vouchers for stores like Takealot and others. It's a great way to get a little extra something for yourself without breaking the bank.