The South African banking industry has a range of competitive financial institutions. South Africans have access to a wide range of financial products and services offered by various institutions.
Standard Bank is one of the oldest banks in South Africa. With a history spanning more than 150 years, the bank has become one of the most trusted and reliable financial institutions in the country.
For many young people in the country, getting access to banking facilities is possible with the range of services offered by various banks. More financial institutions are realising the value in providing convenient and affordable entry-level current accounts.
Standard Bank offers a highly competitive service through the Standard Bank Access Account.
More about the Standard Bank Access Account:
This is a simple, entry-level current account offered to individuals 16 years and older. The account comes with a debit card that makes transacting simpler.
With a R59 monthly fee, the Standard Bank Access Account is affordable and offers an easy way to transact and save. Account-holders also have the benefit of being able to buy prepaid airtime, data and electricity using cellphone banking. They can also send money to anyone using Instant Money.
Users also have access to 24/7 self-service banking using the Standard Bank App, online banking or cellphone banking.
The debit card can also be used to pay and withdraw or deposit cash at till points.
More benefits offered:
- 2 free instant Money Transactions
- 2 free Standard bank ATM withdrawals
- 2 free ATM deposits
- R2000 death benefit
Who can qualify?
- Individuals 16 years and older
- South African citizens or temporary residents with a permit
- What you need to apply:
- Valid South African ID
- Proof of home address
- Residency permit (for foreign nationals)
To contact Standard Bank, call: 0860 123 000