What is Standard Bank Cellphone Banking?
Standard Bank Cellphone Banking is a secure and convenient way to manage your bank account using your mobile phone. It allows customers to access their account, view their account balance, transfer money between accounts, and pay bills using their mobile phone anytime, anywhere.
How do I register for Standard Bank Cellphone Banking?
To register for Standard Bank Cellphone Banking, you need to have a Standard Bank account, a registered mobile phone number, and an active SIM card. You can register by dialing *120*2345# from your mobile phone and following the instructions on the screen. You will be prompted to create a 5-digit PIN and to confirm your mobile number.
Can I transfer money using Standard Bank Cellphone Banking?
Yes, you can transfer money between your Standard Bank accounts and to other South African bank accounts using Standard Bank Cellphone Banking. You can also transfer money to a Standard Bank account in another country if you have an International Banking account with Standard Bank.
How do I transfer money using Standard Bank Cellphone Banking?
To transfer money using Standard Bank Cellphone Banking, dial *120*2345# from your mobile phone and enter your PIN. Select option 2 for Transfers, then select the account you want to transfer money from, enter the amount you want to transfer, and then enter the recipient’s bank account number and the bank’s name.
Is there a limit to how much money I can transfer using Standard Bank Cellphone Banking?
Yes, there are limits to how much money you can transfer using Standard Bank Cellphone Banking. The daily limit is R5,000 for transactions to other Standard Bank accounts, and R1,000 for transactions to other South African bank accounts. However, you can increase your limits by contacting Standard Bank’s call center and requesting to speak to a consultant.
How long does it take for the money to reflect in the recipient’s account?
The time it takes for money to reflect in the recipient’s account varies depending on the bank’s processing time. Transfers between Standard Bank accounts are usually immediate, while transfers to other South African bank accounts can take up to 2 business days to reflect.
Is Standard Bank Cellphone Banking secure?
Yes, Standard Bank Cellphone Banking uses the latest encryption technology to ensure that your information and transactions are safe and secure. The service also requires you to enter a PIN to access your account, which adds an extra layer of security.
Can I pay bills using Standard Bank Cellphone Banking?
Yes, you can pay bills using Standard Bank Cellphone Banking. To do so, dial *120*2345# from your mobile phone and enter your PIN. Select option 3 for Payments, then select the bill you want to pay, enter the amount, and follow the prompts.
How do I know if my transaction was successful?
After making a transfer or payment using Standard Bank Cellphone Banking, you will receive an SMS notification confirming the transaction. This notification will show the amount transferred, the date, and the account number transferred to.
Is there a fee for using Standard Bank Cellphone Banking?
Yes, there are fees for using Standard Bank Cellphone Banking. Transfers between Standard Bank accounts are free, while transfers to other South African bank accounts are charged R8.50 per transaction. Bill payments are also charged a fee depending on the biller’s fees. It is important to note that these fees are subject to change, so it is advisable to consult Standard Bank’s website or call center for the latest fees.
