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FNB. Nominal interest rate on Capitec Bank’s fixed deposit accounts ranges from 3. Capitec Bank's CEO Score Ranks 3rd. Capitec Bank has resolved 7 complaints. Home and Credit Insurance by SA Home Loans. Wait for the download to complete before moving on to the next step. Can capitec send bank statement via email? Step 1: Download the Capitec app via your phone’s app store. Apply online for a credit card with up to R500 000 credit limit from prime. Recharge on the go with our banking app, online banking or by dialling: *120*3279# Airtime, minutes, data and SMSs *130*3279# Buy airtime and minutes even if you don’t. We've cut the cost of banking by using innovative technology. Capitec Bank Limited Reg. Absa ATM Spar Randgate 1 cnr Tamboti and, Woodpecker Ave, Randgate, Randfontein, 1759, South Africa. The nominal interest rate is used to calculate the daily interest earned on your account balance, which accumulates until it is capitalised on an agreed date every month. JO stock on Yahoo Finance. Easily fill out PDF blank, edit, and sign them. Follow the below steps to apply for a Capitec job. Capitec Bank has thrived amid tumult in South Africa and during the global pandemic, which hit the country especially hard. But in 2000 in South Africa, a new player entered the industry. Download our app and activate the EasyEquities widget to. In conclusion… The banking industry is held accountable by. za. The banking context was dominated by four major and long-established banks characterized by. Setup and run Capitec Bank on your computer via the emulator. Founded in 2001 by Michiel Le Roux, Riaan Stassen and Jannie Mouton, Capitec bank has grown to become the second-largest retail bank in South Africa. The estimated base pay is ZAR 15,485 per month. How to transfer money using Capitec without app to another bank account? Want to bank on your cellphone but don’t have a smartphone? It’s easy. We have also been awarded as the "Coolest Bank", and "Coolest Savings and Investment Platform" in 2023. It is the safe and secure way to pay online. It takes a lot longer than sending money between two Capitec accounts. 2. Contact you within 24 hours to provide you with. The loan application experience is. Date: 22 Nov 2023. co. Salary: Market Related . We are all not happy. Choose My Signature. 90 is in second place. A personal loan with Capitec offers same-day approval for up to R250,000 at a low-interest rate starting from 12. Capitec Branch Code is a unique identifying code for Capitec Bank Limited. See CAPITEC BANK LTD salaries collected directly from employees and jobs on Indeed. 195 KB. As of August 2017 the bank was the second-largest retail bank in South Africa, based on number of customers, with 120,000 customers opening new accounts per month. 60%. 18 years or older: A person must be at least 18 years old to open an account with Capitec Bank. STEP 2: Click “Sign In”. Purpose Statement. 13), and distributed more than a third of this. But what really sets them apart from the rest of the banking herd? Among other things, there's still the strong liquor connection. Capitec Bank offers simplified, affordable, and transparent banking with personalised service, using relevant innovative technology to drive down costs and increase security and accessibility. Alternatively, dial *120*3279#. To open a Capitec account on our app in minutes, you need: • An up-to-date email address and SA cellphone number. The bank now serves a third of South Africa’s population. A SWIFT/BIC is an 8-11 character code that identifies your country, city, bank, and branch. How do I grow money at Capitec bank? Invest for 6 – 60 months, with a minimum balance of R10 000. Teller. Personal savings calculator. 70 at the beginning of 2014 to more than R57 by mid-2016. Capitec Bank is a South African retail bank. No: 1980/003695/06. Join the bank that believes banking should be simple & transparent so that you can live better. How do I check my Capitec balance without. 3 Choose Debit Orders. za 067 418 9565. 9. The best (and easiest) way to send us your bank statements is with Open Banking. e. Siphesihle has 3 jobs listed on their profile. We use cookies to improve security, personalize the user experience, enhance our marketing activities (including cooperating with our marketing partners) and for other business. The emphasis in this story of innovation is the corporatisation process, which has taken place over the last four years, rather than. Easily look up your SWIFT code, and find all the details you need to send money abroad. Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). co. Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Half of Capitec Bank salaries are above $129,493. We have also been awarded as the "Coolest Bank", and "Coolest Savings and Investment Platform" in 2023. Capitec is South Africa’s leading digital bank with over 20M+ retail banking clients. These vacancies were listed on the 14th August 2023. All. Identification: The applicant must have a valid South African identity document or a valid passport if they are a foreign national. Capitec Bank faces the challenge of growing its client base, business volumes and stable customer deposits in order to build critical mass and compete against the big four banks in South Africa (Haladjian, 2006). 7c7fbaf57438f9b0. The company pursued a disruptive innovation strategySimply search “Capitec Bank” in your app store or use the links below to download our remote banking app. Dial *130*3279#. The bank is rapidly expanding, with 120 000 new accounts being opened for customers each month, according to reports. Input your Cellphone Banking PIN and send. The Capitec Bank app is secure, easy to use and you pay no data charges on most of the major SA networks when using the app. and Nedbank Group Ltd. There are many different types of accounts that require a name, with bank accounts being the most common. The bank along with its subsidiaries is active in banking, property, and consumer goods markets. Please make sure the SWIFT code below has in accordance with your destination. We have taken great care to offer you a secure online banking portal on the internet to protect your money using: Secure design. Company Name :Capitec Bank . In the event of a complaint, once we have received it, we will: Acknowledge your complaint and give you a reference number. What is capitec strategy? A notable feature of Capitec’s strategy is its use of digital technology to develop a low-cost banking offering that appeals to mass-market consumers. 03%. Use of Capitec banking App; When you transfer money from Capitec App to FNB normally i. Capitec Banking Stellenbosch, Western Cape 628,415 followers Join the bank that believes banking should be simple & transparent so that you can live better. Capitec invests in 3 main areas: the Capitec Foundation, our Employee Volunteer Programme, and initiatives and organisations that align with our focus areas. Capitec Remote Banking is a cellphone application that gives Capitec Bank clients secure banking any time or place, which includes: • viewing account balances • paying beneficiaries • transferring money between own accounts • approving sign-in and certain transactions (through our website) Once you’ve registered and activated this application, remember to keep your: • cellphone. Capitec grievances rose by 11% from 1,651 to 1,826, while Standard Bank dropped by 31% from 2,070 to 1,385 and FNB decreased by 21% from 1,452 to 1,147. You could get a more competitive interest rate based on your personal profile, and up to 50% off bond attorney fees. The Capitec funeral cover is a funeral plan that is available to people aged 18 and over, with monthly premiums starting at R25. The bank says its virtual card is a completely digital bank card that is saved on a client’s Capitec banking app. New Capitec Bank jobs added daily. In Plus500, navigate to the ‘Instrument Categories’ menu and click ‘Shares. Capitec Bank (JSE: CPI), the biggest digital bank in South Africa based on the number of clients, has gained over 18 million active clients’ trust. Download the policies using that link below: Conflict of interest policy. by Rae Seleme 06-08-2022 09:10Complete Capitec Bank Statement Sample 2020-2023 online with US Legal Forms. Capitec Bank offers the possibility to apply for personal loans in flexible terms. STEP 1: Visit careers. PayPal will display a list of banks. Apply. Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Your security type is chosen during registration. Here are some of the major locations where you can find Capitec Bank branches along with their branch codes: 1. 3 million clients, 720 branches and over 11 000 employees. 1 Open your Capitec Mobile Banking app. The latest complaint Banking app - history function was resolved on Jun 26, 2023. Established in 2001, the bank has solidified its position in the local financial services industry. Capitec Bank offers its customers the convenience of accessing their bank statements online. No: 1980/003695/06. You can search for Capitec bank jobs in South Africa by search by keyword, search by location, search by position. Capitec Bank Limited Reg. Find any SWIFT or BIC code with this SWIFT code finder. Capitec Bank does not provide business banking. Users on X have been reporting issues accessing the Capitec mobile banking app, and using USSD codes relating to Capitec. Briefly describe your overall experience at your company. Mercantile Bank offers you, the business owner, a specialised range of secure and user-friendly banking products and services. Capitec Bank’s rise in the South African banking landscape reads like a fairy tale. SAHL Investment Holdings (Pty) Ltd Reg. SWOT Analysis is a methodological approach to analyze the - Strengths & Weaknesses that Capitec Bank possess, and Opportunities & Threats that the company faces because of competitive and macro-economic factors prevalent in South Africa. 2-factor authentication through your security type (cellphone app or token on keyring). The latest review Personal Account was posted on Nov 16, 2023. 3 ways an access facility can change your life Quick Facts About Capitec Bank. Click on ‘Transaction’. Capitec Bank is an authorised financial service provider (FSP 46669) and registered credit provider (NCRCP13). Opening a Capitec account online has become easy peasy, thanks to the bank's futuristic approach to making monetary transactions simple, comfortable, and efficient. All you need to do is scan the QR code with your smartphone’s camera, and follow the steps to a successful payment. This means lower transaction fees when you use our app – putting the value back in your pocket. Teller, Capitec Bank jobs. Lost or Stolen Card. za on your Internet browser. Bank Better Champion. We do not encourage or condone the use of this program if it is in violation of these laws. It offers transactional banking services and loan products such as term loans. Below the card image, you can tap on ‘Show Card Details’ to reveal the hidden card details. 4 billion in current deposits and ZAR 66. [Photo/Head Topics] In November 2009, a respected South African business weekly called the Financial Mail carried the story of Capitec on the cover of its issues titled, “Banking’s Unknown Revolutionary, In the Fast Lane,”. 0 - 01/04/2018 (ddmmccyy) Page 1 of End of preview Upload your study docs or become a member. Capitec Bank Limited Reg. This means lower transaction fees when you use our app – putting the value back in your pocket. Branch Code. Cape Town, Western Cape. Also, Capitec personal loans are popular amongst South African borrowers. This is 10. Average Capitec Bank Service Consultant monthly pay in South Africa is approximately R 15 005, which is 26% above the national average. No: 1980/003695/06 The Capitec Bank app is secure, easy to use and you pay no data charges on most of the major SA networks when using the app. Find out how to apply for Capitec vacancies at Capitec Bank here! Capitec focuses on finding the right people for the right jobs in South Africa. No: 1980/003695/06. 19 jobs. • Buy and sell shares and save 20% on brokerage fees across. 49 - 60. Capitec Bank is widely regarded and respected as the largest digital bank in South Africa, claiming top spot even as the best digital bank according to SITEisfaction 2021 report. Capitec Bank, a profit motivated South African owned microfinance institution provides a range of financial services to a clientele referred to as the “unbanked” in South Africa. Mistake To Avoid While Applying For Capitec Bank South Africa LearnershipCapitec Bank was founded in 2001 by entrepreneurs who loaned money to low-income South Africans ignored by bigger banks. Duties / Responsibilities : - Performing end to end testing of the functionality of Finastra Global PAYplus payments engine. To complete your order, you’ll need to fill out the Plus500 order form. 345 Capitec Bank reviews first appeared on Complaints Board on Jun 7, 2011. Capitec Bank Limited Reg. Ready to access your Capitec Bank online banking account hassle-free? You've come to the right place! In this tutorial, we'll guide you through the straightf. We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. Capitec Bank is a South African retail bank. We've cut the cost of banking by using innovative technology. 49 - 60. Enjoy millions of the latest Android apps, games, music, movies, TV, books, magazines & more. View the last 5 transactions. 3. Capitec was the first to question why retail banks only operated from 9am – 3. CAPITEC BANK LIMITED SWIFT Code Details. About Capitec Bank. I was located in the branch space, I lot of exposure and adequate training is given before dealing with clients. 00 • The beneficiary name in the payment matches the account information on Capitec Bank’s records (name and surname as. Select 1 to log in. Open hours for Capitec Bank, Mamelodi 08:00 - 18:00What We Do. Capitec Bank was established in 1838 and has grown to become the largest bank in South Africa. Location Country: South Africa . Capitec Bank DNR Randfontein Station Centre Station Shopping Centre, Shop 22A Cnr Station Road &, Sutherland Ave, Randfontein, 1760, South Africa. Experience in the liquor industry influenced the way Capitec views its market. Stassen recalls that in the 1980s and early 1990s, there were. Join for free and get real rewards, real cash back, real simple! Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). The mission statement of Capitec Bank reads, "An affordable, simplified banking solution would mean very little without excellent service. SA's biggest digital banker Capitec says it has rectified a technical glitch that saw some of its customers wake up to their bank accounts reflecting zero balances on Tuesday morning. 4 billion in current deposits and ZAR 66. 2 MB) Capitec New App Download Apk gives you the opportunity to live a comfortable financial life to live a peaceful life. Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Good place to kick start your career in finance. Contact Siphesihle directly. Capitec Bank Limited is an authorised financial services provider (FSP46669) and registered credit provider (NCRCP13). 5 million are mobile banking customers. We've cut the cost of banking by using innovative technology. Would advise anyone to work at Capitec bank. Capitec Bank (2014) displays Capitec’s product offering which is a Global One account that incorporates a savings, deposits and a credit facility which makes for simpler banking offering exceptional utility and value. Capitec Bank Limited Reg. View the latest Capitec Bank Holdings Ltd. Open an account Switch to Capitec with a selfie and get your card delivered free! Get simplified banking and rewards to help you live better and easily manage it all on our app. Send your own account details using SMS or email. Capitec Bank (JSE: CPI), the biggest digital bank in South Africa based on the number of clients, has gained over 18 million active clients’ trust. As of August 2017 the bank was the second largest retail bank in South Africa, based on number of customers, with 120,000 customers opening new. Chief Executive Officer at Capitec Bank. Capitec Bank Holdings Limited is a banking group organized around two sectors of activity: - retail banking: sale of classic and specialized banking products (consumer loan, leasing, insurance, etc. XXX Branch Code. Teller. ); - business banking. Capitec Bank Holdings Limited is a banking group organized around two sectors of activity: - retail banking: sale of classic and specialized banking products (consumer loan, leasing, insurance, etc. Enter your username and password, and enter the OTP sent to your registered mobile number to check your account number. How much do Capitec Bank employees make? Glassdoor provides our best prediction for total pay in today's job market, along with other types of pay like cash bonuses, stock bonuses, profit sharing, sales commissions, and tips. Email statement. international transactions, whether the transaction was initiated cross-border. No: 1980/003695/06. Buy and sell local or international shares straight from our app and save 20% on brokerage fees across all trades. It's really worth it. You only need to call the bank to submit a phone application. Open hours for Capitec Bank Bellville Voortrekker Road, Bellville 08:00 - 17:00We believe banking should be simple and our mission is to shape the future of the banking industry by being client-centric, energetic, driven trailblazers, using cutting-edge technology. 2. 30 Real & Fake Bank Statement Templates [Editable] November 19, 2020 6 Mins Read. SWIFT CODE: CABLZAJJ or CABLZAJJXXX SWIFT DIGITS: 8 - The short 8-letter swift refers to the PRIMARY Office of CAPITEC BANK BANK CODE: CABL - This is the institution / bank code assigned to CAPITEC BANK. This rating has decreased by -3% over the last 12 months. No: 1980/003695/06. Capitec is South Africa’s leading digital bank with over 20M+ retail banking clients. Media release, South Africa, 18 April 2023: Despite the tough economic climate that has placed consumers and businesses under financial pressure, Capitec, South Africa’s best digital bank according to the 2022 SITEisfaction report, demonstrated resilience with 15% growth in headline earnings, bringing the bank’s 2023 financial. Capitec Bank apologized to its customers via Twitter and SMS on Thursday morning for any inconveniences caused by. At the end of February 2022, the group had ZAR 132. Capitec Bank clients reveal they couldn’t withdraw money in their accounts after the bank’s online and cellphone banking platforms shut down. Chat to. The Company operates through three segments: Retail bank, Business bank, and Insurance. In order to sustain its competitive advantage, Capitec must develop a strategy for winning more middle to upper income earning profiles. We believe that banking is about people and that there’s a simpler way to bank. Capitec started establishing branches. You apply online or via the app and if approved, you’ll get the card. If this is new to you, Open Banking is simply a way of sending us a read-only view of your online bank statements. This credit estimate provides you with the credit plans you could qualify for. Capitec Bank Kanyamazane Shopping Centre, Shop 35, Chris Hani & Umgwaco St, Kanyamazane-A, Kanyamazane, 1214, South Africa. 25-04-2023 05:37. As of August 2017, the bank was the second-largest retail bank in South Africa, based on the number of customers, with 120,000 customers opening new accounts per month. is a bank controlling company, which engages in the provision of retail banking services. Branch Code: 470010 Swift Code: CABLZAJJ. 30%. 80%. ) Competitive advantage and strategic intent of Capitec Bank d. 528K views1 year ago. It's quick and easy – apply online in 4 easy steps. You pay no data charges on most major SA networks when using it. - Working closely with Software Developers to isolate, track and troubleshoot defects. 2022 Fees. Apply online for a credit card with up to R500 000 credit limit from prime. It is the leading digital bank in South Africa, with 120,000 customers opening new accounts per month, and 3. The business currently operates from multiple buildings in scattered locations in Technopark, Stellenbosch (South Africa) and has therefore decided to consolidate. Mercantile Bank Limited is a South African commercial bank, founded in 1965. We have an exciting permanent opportunity for young individuals to join our 18 Month Graduate Development Programme (GDP) in 2023 at Capitec. Capitec Bank. Capitec Bank Holdings Ltd (Capitec) is a diversified provider of financial products and services. Capitec Bank is an authorised financial services (FSP46669) and registered credit provider (NCRCP13). 3. [1] The appellant, the Commissioner for the South African Revenue Service (SARS), appeals against the judgment and order of the Tax Court, Cape Town (the tax court), which upheld an appeal to it by the respondent, Capitec Bank Limited (Capitec), against the additional value-added tax (VAT) assessment raised by SARS for the. ‎Do all your banking with SA's Best Digital Bank as rated in the SITEisfaction 2021 report. 8. Be 18 years or older with a stable income. The average Capitec Bank salary ranges from approximately R 183 124 per year for Service Consultant to R 853 082 per year for Senior Scientist. Find any SWIFT or BIC code with this SWIFT code finder. At least 2 years’ cashier experience or similar role. [2] As of August 2017 the bank was the second largest retail bank in South Africa, based on number of customers, with 120,000 customers opening new accounts per month. @Kearabile_:”Unstable system. the “unbanked” population of South Africa. 100,000 sqft - 300,000 sqft. 00. Free. ’. Capitec Bank offers simplified, affordable. What is account Name? When you open a new account, you will list a name on the account. 80bn. Capitec Bank was established in March 2001. As of August 2017 the bank was the second largest retail bank in South Africa, based on number of customers, with 120,000 customers opening new accounts per month. We have an exciting permanent opportunity for young individuals to join our 18 Month Graduate Development Programme (GDP) in 2023 at Capitec. 9 million, according to the company’s annual report. Location code 0-9 A-Z 2 characters made up of letters or numbers. 4 billion in current deposits and ZAR 66. Scroll. com. ) Expansion into the rest of Africa a. Pretorium Trust Ltd Ingersol Road 40, Pretoria, City of Tshwane, Gauteng, 0081Capitec Bank: Graduate Internships 2024 / 2025 has become available in Western Cape and Gauteng for unemployed graduates in possession of the below qualifications. 2 Capitec CBS Division 52 3. Capitec Bank (JSE: CPI), the biggest digital bank in South Africa based on the number of clients, has gained over 18 million active clients' trust. Choose to dispute the order. ); - business banking. Step 5: Position your face inside the frame and follow the instructions to. 3. Capitec Bank Holdings Ltd (Capitec) is a diversified provider of financial products and services. co. Once the Capitec Bank app has finished downloading and installing, you can access it from the. Gerrie Fourie works as a Chief Executive Officer at Capitec Bank, which is a Banking company with an estimated 14,758 employees. • As Capitec is committed to diversity, applications to the Bursary Programme will strictly be considered in support of our employment equity goals. We have taken great care to offer you a secure online banking portal on the internet to protect your money using: Secure design. How to reverse money using the Capitec app. However, it also requires the clients to comply with two main requisites. Capitec Bank Limited Reg. Proprietary Limited (Capitec Ins). Asked 25 October 2021. Capitec Bank is a South African financial service provider in personal or consumer banking. in Lifestyle. It has more than 6. Mercantile Bank a division of Capitec Bank Limited Registration Number: 1980/003695/06. Introduction. Phone application. Capitec customers took to social media to complain, as the 25th of the month is payday for many. Move to the new Capitec Bank app for exciting new features and tech that offers so much more than just banking on your phone. Second, it is important to have a permanent job and to show proof of income by showing recent payslips. Download Capitec Bank for PC/Mac/Windows 7,8,10 and have the fun experience of using the smartphone Apps on Desktop or personal computers. Capitec Bank's USP lies in its being South Africa's leading digital bank, with over 8. The consumer banking industry is notoriously difficult to enter. Company: Capitec Bank Ltd. QR Code. If you’re outside SA, call us on +27 21 941 1377. 5. In case you have further enquiries, contact Capitec Bank’s client care centre directly using any of the. Email us at BusinessComplaints@capitecbank. 1. PESTLE Analysis of Capitec Bank. 4 billion in current deposits and ZAR 66. Summary. . 5 billion in current loans. No. In the “Bank accounts” section, click on the “Link a bank account” option. 00 balance. Shop 16 Atteridge Stadium Centre Portion 1 And 2 Of Erf 7457 Atteridgeville, 34 Hlahla Street, Pretoria. Checking products are easy to operate and come with a host of added benefits like free internet banking, Loans, ATM/debit card facilities, online bill payment, monthly statement with image, low opening deposits, and many more. It's quick and easy – apply online in 4 easy steps. Capitec Bank Holdings Limited is a banking group organized around two sectors of activity: - retail banking: sale of classic and specialized banking products (consumer loan, leasing, insurance, etc. Please note that all salary figures are approximations based upon third party submissions to Indeed. Capitec Bank Holdings Ltd. It was quite easy. That growth pattern is set to repeat itself as Capitec moves into business banking. Today’s top 31 Capitec Bank jobs in Cape Town, Western Cape, South Africa. 2 based on 148. This bank has. Solved: Capitec 9 digit routing number please help. Customers of Capitec Bank have the opportunity to contest a money transfer or request a reversal, but only if the activity was carried out without their knowledge or consent. 3 days) if normal transfer is done assuming all protocols are observed. Managers gossiping about their employees it’s sad. About Capitec Bank's Brand. Although the sender will incur fees on their side, depending on which bank they use and the exchange rate at the time of the transfer, using Capitec Bank to receive international transfers also means you’ll be charged a fee. Capitec accessed a licence held by PSG for its. The effective annual interest rate is calculated by taking. Capitec Bank’s rise in the South African banking landscape reads like a fairy tale. Open an account. Term up to 84 months. Open hours for Capitec Bank Moreleta Park Parkview Centre, Pretoria 09:00 - 18:00About Capitec Bank Bursary. Assignment 2. No: 1980/003695/06. If you have an active account in a bank, the bank sends you a summary of transactions that you incurred for a. 50% – 9. You agree that Capitec Bank may subsequently contact you regarding this estimate. 4 billion in current deposits and ZAR 66. 16. ); - business banking. Absa Transact Account. Teller, Capitec Bank jobs. Please make sure the SWIFT code below has in accordance with your destination bank. 50 per transaction. 52bn. without the instant or immediate option, it takes anytime within 24 hours for the money to reflect and that is if you send it before 4pm. Capitec's CEO, Gerrie Fourie, stated that the bank had never encountered an issue of this magnitude before, but has put system upgrades and tests in place to prevent similar incidents in the future. The bank, which trades on the Johannesburg Stock Exchange, targets South Africa's emerging middle class. (Capitec or the company) was incorporated in South Africa on 23 November 1999 and registered as a bank controlling company, as envisaged by the Banks Act, Act 94 of 1990. Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec Bank has a daily limit of R100,000 for immediate payments and the fee is R7. In the search box, enter ‘Capitec’ and click on the company when it appears in the drop-down. CAPITEC BANK LIMITED. Capitec Bank Holdings Ltd. Check bank balance with an account number. Capitec is committed to supporting people in being their best, we make it a priority to ensure that. It extended credit to people who didn’t have collateral, such as a home. Capitec Bank has an overall rating of 3. Examples of Capitec Bank forms include account opening forms, loan application forms, transaction dispute forms, and. 72 rand ($2.