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Standard Bank Instant Money

Standard Bank Instant Money

Send cash quickly and safely to anyone in SA with a cellphone number, for PIN-controlled cardless collection at our ATMs or retail partners.

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SOME OF THE BENEFITS

Anytime

Send money through the online, mobile app, or cellphone banking, our ATMs, or retail partners

Secure

Share the 4-digit release PIN we send you with the recipient for safe collection

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Convenience

Give recipients the choice of collecting the money at our ATMs or retail partners

Flexibility

Send single or multiple cash vouchers up to R 5 000 a day or R 25 000 a month

TO SEND

  • Access Instant Money through online, mobile app or cellphone banking, or at our ATMs

At our retail partners

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  • Present your SA ID at the till point
  • Provide your cellphone number and the recipient’s
  • Say how much you want to send
  • The sender’s fee is deducted from the amount you pay
  • You’re sent a release PIN and voucher number
  • The recipient is sent a notification with the voucher number
  • You share the release PIN with the recipient 

TO COLLECT

At any of our ATMs

  • Enter the voucher number
  • Enter the release PIN

At our retail partners

  • Present the voucher number at the till
  • Enter the release PIN on the point of sale device

WHAT IT COSTS

  • No monthly fees
  • No fee to receive money
  • Small fee to send money

HOW TO GET IT

If you bank with us

  • Access Instant Money through online, mobile app or cellphone banking, or at our ATMs*

If you don’t

  • Set up an Instant Money Wallet by sending yourself money at one of our retail partners

What you’ll need

  • SA ID / Smart ID (to send money)
  • Valid SA cellphone number (to receive money)
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*Not available on Student Achiever and (sum)1 account  

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