{"id":233195,"date":"2021-07-08T15:47:12","date_gmt":"2021-07-08T14:47:12","guid":{"rendered":"https:\/\/buzzsouthafrica.com\/?p=233195"},"modified":"2021-07-08T15:47:17","modified_gmt":"2021-07-08T14:47:17","slug":"standard-bank-instant-money-transfer-guide-how-to-send-and-withdraw-your-voucher","status":"publish","type":"post","link":"https:\/\/buzzsouthafrica.com\/standard-bank-instant-money-transfer-guide-how-to-send-and-withdraw-your-voucher\/","title":{"rendered":"Standard Bank Instant Money Transfer Guide: How to Send and Withdraw Your Voucher"},"content":{"rendered":"
Money transfer from one person to another is becoming easier as the years go by. With the rapid advancement in technology, it no longer matters if a recipient has a regular bank account or not. This is because sending money is now possible with the use of eWallets – as long as the recipient has an active South African cellphone number. And if there\u2019s one bank in South Africa that should be offering this service, it would be Standard Bank – even though other banks like ABSA<\/a> have also taken advantage of this service to satisfy the needs of their customers.<\/p>\n With Standard Bank instant money, you can send money to anyone in South Africa, as long as they have an active cellphone number. The process of registering for this process, sending the money, and withdrawing it is so simple that anyone, irrespective of the level of their knowledge of technology can do it. Also, sending money via Standard Bank instant money costs very little.<\/p>\n Standard Bank instant money<\/a> is a service provided by Standard Bank to help all their customers send cash to anybody in South Africa, whether they have an account or not. The money is sent using their active South Africa cellphone number and a Voucher PIN.<\/p>\n Aside from online transactions within south Africa like payment of electricity bills or buying airtime, you cannot use the money in your instant money wallet to make international online transactions. Also, the Standard Bank instant money does not allow you to send money from South Africa to any other country.<\/p>\n <\/a><\/p>\n The main difference between Standard Bank instant money and the regular Standard Bank cash transfer is that for the latter, the recipient of a cash transfer must have an existing bank account with any bank in South Africa. However, if your aim is just to send money to anyone around South Africa, especially if they do not have an account, but have a cellphone number from any telecommunication company in South Africa, then you should take advantage of the Standard Bank instant money.<\/p>\n For someone who may have been using the regular Standard Bank cash transfer methods to send money directly to a recipient’s account, you may be wondering why you should switch to Standard Bank instant money. Here is the answer you need:<\/p>\n Registering for Standard Bank instant money banking is a very easy process and does not take so much of your time, the registration process requires that you have a South African identity number. Here is how to register for Standard Bank instant money banking:<\/p>\n You can top up the money in your instant money wallet via cellphone banking, ATM, mobile app, or at any Standard Bank retail store.<\/p>\n <\/a><\/p>\n Before venturing into the use of Instant Money Wallet, it is important to know the fees it may attract. The good news is that Standard Bank instant money wallet is budget-friendly, and does not cost so much to use and maintain. Registration is absolutely free to make it easier for all customers to get access. Here is a breakdown of all possible charges:<\/p>\n Since Instant Money is linked to a cellphone number, this is one of the questions most customers have. well, a change of phone is nothing to worry about as all the money in your Standard Bank instant money still remains intact for you. The possibility of phone theft is one of the reasons why you should keep your wallet PIN safe. Instead of writing it down somewhere or storing it on your phone, memorize it. If your phone is stolen and your PIN discovered, you may not get back your money.<\/p>\n From the comfort of your home and with your cellphone, you can send instant money to anyone with the help of a USSD code – whether you have a smartphone or not. To send instant money, the recipient must have an active South Africa number. Please note that there is a limit to the amount of Instant Money you can send. The daily limit is set at R5,000 while the monthly limit is set at R25,000.<\/p>\n You can also send Instant Money via online banking and the Standard Bank mobile app. All you need to do is navigate through your online portal or mobile app to find the instant money option.<\/p>\n For those who are not very familiar with using their phones for transactions or may not be able to use their phones to send Instant Money at the time they need to, Standard Bank has made it possible for them to also send Instant Money offline – through a retail store.<\/p>\nWhat Is Standard Bank Instant Money?<\/strong><\/h2>\n
Benefits Of Using Standard Bank Instant Money<\/strong><\/h2>\n
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How To Register For Instant Money Service?<\/strong><\/h2>\n
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How Much Does It Cost To To Use Instant Money Wallet?<\/strong><\/h2>\n
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If I Change My Phone What Happens To The Money In My Instant Money Wallet?<\/strong><\/h2>\n
How To Send Instant Money<\/strong><\/h2>\n
Send Instant Money Using Cellphone Banking<\/strong><\/h3>\n
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Send Instant Money Directly From Your Wallet<\/strong><\/h3>\n
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How To Send Instant Money Through Retail Stores<\/strong><\/h3>\n