Standard Bank, a JSE Limited Publicly listed South African financial institute, allows users to send cash quickly and safely to anyone in South Africa, as long as they have a mobile phone number. Collections are PIN-controlled, cardless, and can be done at bank ATMs or retail partners.
How to Use Standard Bank Instant Money
Click on the Cardless Option at the Standard Bank ATM and enter the voucher number you will have received via SMS. Enter your mobile phone number and the PIN you got from the sender. Once you’ve confirmed your voucher’s details, your cash will be dispensed.
Launched in 2011, the Standard Bank Instant Money service can be a lifesaver if you’ve forgotten your wallet at home and need cash for whatever reason. You can just transfer money to yourself and use it to purchase whatever you need.
Retail partners include Builder’s Warehouse, Cambridge Food Game, Makro, Rhino, and Spar, so you’ll be able to withdraw your money at these locations if you’re nowhere near an ATM.