Q: What is the Standard Bank App?
A: The Standard Bank App is a banking app that provides Standard Bank customers with a range of banking services, including the ability to send and receive money instantly.
Q: How can I send instant money using the Standard Bank App?
A: To send instant money using the Standard Bank App, you need to follow a few simple steps:
1. Log in to your Standard Bank App using your username and password.
2. Once you are logged in, select the ‘Payments’ option from the menu on the home screen.
3. Next, select the ‘InstantMoney’ option from the list of payment options.
4. Enter the amount you want to send and the recipient’s cellphone number.
5. You will be prompted to confirm the details of the payment, including the recipient’s name and the amount to be sent.
6. Once you have confirmed that all the details are correct, select ‘Send’ to complete the instant money transfer.
Q: Is there a limit to how much I can send using the Standard Bank App?
A: Yes, there is a limit to how much you can send using the Standard Bank App. The maximum amount you can send per day is R5,000, and the maximum amount you can send per month is R25,000.
Q: How much does it cost to send instant money using the Standard Bank App?
A: The cost of sending instant money using the Standard Bank App depends on the amount you are sending. For example, if you are sending R100 to someone, the cost would be R8.50. However, if you are sending R5,000, the cost would be R135.
Q: What are the benefits of using the Standard Bank App for sending instant money?
A: There are several benefits of using the Standard Bank App for sending instant money:
1. It is quick and convenient: Sending instant money using the Standard Bank App is a straightforward process that takes just a few minutes.
2. It is secure: The Standard Bank App uses the latest encryption technology to ensure that your transactions are safe and secure.
3. It is affordable: The fees for sending instant money using the Standard Bank App are much lower than traditional banking methods.
4. You can send money to anyone, anywhere: With the Standard Bank App, you can send instant money to anyone with a South African cellphone number, regardless of where they are in the country.
5. You can access your transaction history: The Standard Bank App provides you with a record of all your transactions, including instant money transfers, so you can easily keep track of your finances.
Q: What happens if I make a mistake when sending instant money using the Standard Bank App?
A: If you make a mistake when sending instant money using the Standard Bank App, you can cancel the transaction or contact Standard Bank’s customer service department for assistance. It’s important to double-check all the details before confirming the transaction to avoid any mistakes.
In summary, the Standard Bank App provides a convenient, affordable, and secure way to send instant money. By following the steps outlined above, you can quickly and easily transfer money to anyone with a South African cellphone number, all from the comfort of your own home.
