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Instant Money

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

 

 

Some of the benefits

Anytime

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

Secure

Share the 4-digit cash collection PIN you selected with the recipient for safe collection

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 banking, mobile app, cellphone banking  or at our ATMs

At our retail partners

  • 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 

See how Instant Money Wallet works
See Instant Money T&Cs

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

In your Instant Money Wallet

  • Dial *120*212#
  • Select “Manage Voucher”
  • Select “Top up with IM voucher”
  • Select the voucher you want to redeem and enter your 4-digit cash collection PIN

If you receive Instant Money from a Standard Bank channel, the money will be available in your  wallet immediately

Retail partners

Conveniently send money from your detail channels or withdraw cash at any of our retail partners:

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 banking, mobile app, 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

  • Valid SA ID number (to send money)
  • Valid SA cellphone number (to receive money)

*Not available on Student Achiever and (sum)1 accounts  

  • To send
  • To collect
  • Retail partners
  • What it costs
  • How to get it
  • Access Instant Money through online banking, mobile app, cellphone banking  or at our ATMs

At our retail partners

  • 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 

See how Instant Money Wallet works
See Instant Money T&Cs

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

In your Instant Money Wallet

  • Dial *120*212#
  • Select “Manage Voucher”
  • Select “Top up with IM voucher”
  • Select the voucher you want to redeem and enter your 4-digit cash collection PIN

If you receive Instant Money from a Standard Bank channel, the money will be available in your  wallet immediately

Conveniently send money from your detail channels or withdraw cash at any of our retail partners:

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

If you bank with us

  • Access Instant Money through online banking, mobile app, 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

  • Valid SA ID number (to send money)
  • Valid SA cellphone number (to receive money)

*Not available on Student Achiever and (sum)1 accounts  

Instant Money™
Convenience and Flexibility
send and receive money
Instant Money article
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