How to open a bank account online
Your bank account plays an important part in securing your money and helping you manage your finances. Being able to open a bank account online makes it even simpler and safer to get started.
Traditionally, to open an account, you needed to visit a branch, fill out a form and provide all the necessary paperwork. But opening a bank account online lets you skip straight over all the fuss and hassles, with banking that’s ready when you are.
Here’s why opening a MyMo Account via Online Banking or our Banking App is fast, convenient and secure.
Being able to do it all online means that you can bank on your terms:
- It’s always accessible: nearly everything you do at a branch you can do online. Therefore, you can conveniently open a MyMo Account online or on our app whenever you want, wherever you are, without even leaving your home or office to do it.
- It saves you time: there’s no need to visit a branch or stand in a queue; you’ve got 24/7 access and can do it when it suits you.
- It fits into your life: with so much done online, why should your banking be different?
- It’s safe and secure: your new account is password-protected, and you can safely manage your account and make payments through your smartphone or device.
- It’s easy: getting started only takes a few simple steps. Once your account is open, you can manage it online, transfer funds, pay your bills, buy prepaid services, shop online and more.
To open a bank account online, you need to be:
- 18 years or older and have a South African ID, and
- a South African citizen living in South Africa.
To open a bank account on the Standard Bank App, you need to be:
- 16 years or older and have a South African ID, and
- a South African citizen living in South Africa.
Terms and conditions apply.
Disclaimer: This article is for information purposes only and does not constitute financial, tax or investment advice. Readers are strongly encouraged to seek financial or legal advice before making any decisions based on the content.
Standard Bank, its subsidiaries or holding company, any subsidiary of the holding company and all of its subsidiaries, make no warranties or representations (implied or expressed) as to the accuracy, completeness, or suitability of the content of this article. The use of the article and any reliance on the content is at the reader’s risk.
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