Updated September 28, 2026 · VaultCue Editorial Team
Capitec Bank vs Daviplata
Capitec Bank
Daviplata
Higher score in this comparison
What sets them apart
| Compare | Capitec BankReviewSee alternativesSee alternatives | DaviplataReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | ZAR 7.50 | COP 0 |
| Currencies | Not confirmed | 2 |
| Free ATM withdrawals | Not confirmed | COP 0 |
| Transfer fee | Not confirmed | COP 0 for consumer transfers; up to COP 3,170 + IVA per transfer for business transfers via Portal Empresarial and Pyme |
Same on both: Currency conversion fee (0%).
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Our verdict on each
Capitec Bank
Capitec Bank suits South African residents who want easy access to their money and hold several currencies, since the account kind is easy access and the currency conversion fee is 0%. The catch is the monthly fee of ZAR 7.50, which many rivals do not charge at all.
Daviplata
Daviplata suits expats and small businesses in Colombia who want one app for everyday banking and remittances, with a monthly fee of COP 0 and a currency conversion fee of 0%. Transfers land immediate, within minutes, and money comes out to a bank account, cash pickup or wallet.
Score breakdown
| Area | Capitec Bank | Daviplata |
|---|---|---|
| Cost | 9.1Currency conversion fee of 0% against a site median of 0.5%, but a monthly fee of ZAR 7.50 sits well above the €0 typical. | 9.6HigherLow cost: COP 0 monthly, 0% currency conversion fee, COP 0 on a consumer transfer. |
| Offer | Not confirmed | 8.3 |
| Trust | 9.0 | Not confirmed |
How they place
| Ranking | Capitec Bank | Daviplata |
|---|---|---|
| Money transfer services | 253 of 1564 | 193 of 1564 |
Every fact side by side
| Fact | Capitec Bank | Daviplata |
|---|---|---|
| Audience | Not confirmed | Expats, Business |
| Pricing model | Not confirmed | No monthly fee |
| Features | Not confirmed | Digital only, Free ATM |
| Legal entity | Capitec Bank Limited | Banco Davivienda S.A. |
| Headquarters | South Africa | Colombia |
| Founded | 2001 | Not confirmed |
| Support channels | Not confirmed | Help centre |
Savings
| Fact | Capitec Bank | Daviplata |
|---|---|---|
| Account kind | Easy access | Not confirmed |
Money transfer
| Fact | Capitec Bank | Daviplata |
|---|---|---|
| Delivery time | Not confirmed | immediate, within minutes |
| Payout methods | Not confirmed | Bank, Cash pickup, Wallet |
| Fee to send 1,000 | Not confirmed | COP 0 |
Where each stands against the rest
| Fact | Capitec Bank | Daviplata | Median |
|---|---|---|---|
| Currency conversion fee | 0%below the median | 0%below the median | 0.5% |
| Currencies | Not confirmed | 2lowest quarter | 5 |
Median across 536 listed accounts.
Pros and cons
Capitec Bank
Pros
- The currency conversion fee of 0% ranks 1 of 312 brands on conversion cost
- A bank rather than an e-money wallet, with the legal entity Capitec Bank Limited
- The account is easy access, so savings stay reachable
Cons
- The monthly fee of ZAR 7.50 applies to the main account, while rivals such as AXI Card, XTB and Skrill charge €0
- A charge where most accounts carry none, as the site median monthly fee is €0
- Head office country is ZA, so the account is aimed at the local market rather than a single international one
Daviplata
Pros
- The monthly fee is COP 0, and consumer transfers cost nothing.
- A currency conversion fee of 0%, the lowest of the 312 brands compared.
- Remittances arrive immediate, within minutes, and payouts reach a bank account, cash pickup or wallet.
Cons
- Support runs on help centre only.
- Only 2 currencies are covered, so anyone trading in more may look at Skrill or Plazo ES.
- Business transfers through Portal Empresarial and Pyme carry a fee per transfer plus IVA, unlike consumer transfers at COP 0.
Who each suits
Capitec Bank
Who it suits
- Residents of ZA who want one account for everyday spending
- Travellers holding more than one currency, given the 0% conversion fee
- Anyone who values easy access to savings over a notice account
Who should look elsewhere
- People who want no monthly charge, since the fee is ZAR 7.50 and XTB charges €0
- Anyone holding savings in a fixed term, as this is an easy access account
Daviplata
Who it suits
- Expats in Colombia who want a local account and a remittance wallet in the same app.
- Small businesses that pay and receive through consumer and business transfer routes.
- Readers who want free ATM access and no monthly charge, since the account fee is COP 0.
Who should look elsewhere
- Plazo ES, if you are paid in euros: its monthly fee is €0, and the 2 currencies Daviplata holds may not match your income.
- PayPal Colombia, if a wallet is enough: its monthly fee is $0, while Daviplata adds a bank account and free ATM withdrawals.
- Skrill, if you hold more currencies than the 2 Daviplata covers; its monthly fee is €0, so currency range is the only reason to move.
Country by country
| Country | Capitec Bank | Daviplata |
|---|---|---|
| Colombia | No | Yes |
| South Africa | Yes | No |
Questions about each
Capitec Bank
How much does Capitec Bank charge each month?+
The account carries a monthly fee of ZAR 7.50, which sits above the site median monthly fee of €0. Many rivals on the site charge no monthly fee at all, so the charge suits readers who use the account heavily.
What does it cost to convert currency?+
The currency conversion fee is 0%, which places the brand at 1 of 312 brands on this measure. The site median conversion fee is 0.5%, so this account adds nothing to the cost of changing currency.
Daviplata
What does it cost to keep a Daviplata account?+
The monthly fee is COP 0, so keeping the account open costs nothing. Consumer transfers are free on the same schedule. Charges appear on the business side: transfers made through Portal Empresarial and Pyme carry a fee per transfer plus IVA, which is the line to read if you pay suppliers through the app.
Does Daviplata charge for currency conversion?+
The currency conversion fee is 0%, the lowest of the 312 brands compared on that measure. It matters most for expats who receive or hold money in another currency. The account covers 2 currencies, so pairs outside that list need another route.
Other options to compare
Related by the facts
Capitec Bank
Daviplata