What is the the Standard Bank branch code? It’s a question that some of our readers have been asking. Standard Bank, the largest bank in South Africa when it comes to customer numbers, has millions of customers across the country. If you are one of them, you may be looking for the bank’s branch code. That’s needed when transferring money to Standard Bank via EFT. So, what is the Standard Bank universal branch code?
Standard bank universal branch code
The Standard Bank universal branch code is 051001. It’s the code to use when making electronic payments. Standard Bank does have individual codes for each of its branches around South Africa. However, it’s usually best to use the universal code when making transactions.
Standard Bank codes for individual branches
That’s the Standard Bank universal branch code. But what if you are looking for individual codes for the bank’s many branches. The following table gives a snapshot of some of the branch codes for different Standard Bank branches around South Africa;
That’s a sample of some of the Standard Bank branch codes. The bank has over 300 branches across South Africa. So, the sample above is a small one.
The great thing is that no matter where you are, you can use the Universal branch code and you should have no issue.
You don’t have to worry about finding the specific code for a specific branch when making an EFT transfer.
This post showed you the Standard Bank branch code for Bedford Tyger Manor and Chatsworth.
What is a branch code and what is a universal branch code?
What is the difference between a branch code and a Universal branch code? That’s a question that some people will be asking themselves.
All banks in South Africa have a universal branch code. With this code, you don’t have to worry about finding the specific code for a specific branch. That can be a challenge considering that some banks have thousands of branches.
The branch code is important for getting money directed to the correct bank when doing online banking and EFTs. The code identifies individual branches.
Banks in South Africa have moved to the use of universal branch codes. That’s better than having people remember the code for individual branches. With the universal code, all branches around the country use the same code.
In this article, we gave you the Standard Bank branch code for South Africa. It was noted that like all the other banks in South Africa, the bank uses a universal branch code. However, individual branches still have their own codes, some of which we gave as a sample in this post.