expresspayment |

Immediate Payment

All personal and MyMo Biz accounts, a:
- R1.00 service fee will be charged for payments under R100
- R7 between R100 and R1 999.99; and
- R50 for amounts of R2 000 and above
Bizlaunch accounts: Limited to one Immediate Payment in the bundle (at no extra cost) and then a flat fee of R40 will be charged after that.
Business current account: A charge of R40 per Immediate Payment transaction.
Immediate Payments will take up to 2 hours if you're making a one-off payment or paying a new or amended beneficiary.
You can pay up to R200 000 per transaction, subject to your EAP limit.
You cannot make payments from a loan, investment or credit account.
You may make Immediate Payments between 6:00 am to 9:50 pm.
You cannot reverse an Immediate Payment. Please ensure the beneficiary details are correct.