Do you wish to find out how to get SMS notifications from Standard Bank? Standard Bank is one of the biggest financial institutions in South Africa in terms of capital. If you are one of their customers, one thing that you will wish to do is to get notified via SMS whenever a transaction occurs on your account. That’s essential for security reasons. It enables you to stop fraud should thieves get access to your account. But how do you enable Standard Bank SMS alerts?
Steps to enable Standard Bank SMS alerts
The following is how to get SMS notifications from Standard Bank in South Africa;
- Visit your nearest branch, Private Banking suite or Wealth Investment suite to get registered for Standard Bank My Updates.
- You can also call 0860 123 107 to get registered.
- It’s also possible to reach out to Standard Bank on their social media pages. They available on Facebook and on Twitter. They will help you with the registration process.
Do I have to pay for Standard Bank SMS notifications?
That’s how to get SMS notifications from Standard Bank? One thing that we have noted is that some banks that are out there charge a fee for these SMSes. Is that the case for Standard Bank?
The good news is that SMS alerts from Standard Bank are mostly free. You will only need to pay for them if you are carrying out a transaction that’s under R100. In that case, you are charged R.275.
Also, if you have additional people to whom you wish the SMS notifications to be delivered, you will get a charge of R11 per person.
When do I get SMS alerts?
Which transactions trigger Standard Bank SMS notifications? The following are some of the transactions for which you will receive notifications via SMS on your phone;
- Cash withdrawals
- POS payments
- Electronic payments
- Payments that fail to go through or that are reversed.
- Debit order payments.
Why is this feature important?
In this post, we talked about how to enable SMS notifications from Standard Bank. But why is this feature important? SMS notificactions add a layer of security to your account.
We live in a world of convenience, but that convenience can be a liability. Should someone get access to your details, they can easily transfer your money from their computer or phone. As a result, banks are always looking for ways through which to protect their customers.
We have previously written on how to increase and decrease limits on Standard Bank. That’s another security measure that’s meant to ensure that even if someone were to get access to your account, they will not be able to withdraw all your money.
SMS notifications add another level of protection. In the event that someone has stolen your card or account details, you will get notified should they do a withdrawal.
In that case, you should immediately take measures to block the theft. That includes by reporting your lost Standard Bank card.
So, SMS notifications are important. They help limit your potential loss in the event of fraud. They also help you keep track of how much money you have in your account and how much you have spent.