What is the Standard Bank to FNB transfer time? It’s something about which you will be looking to find out if you have send money via EFT from Standard Bank to FNB in South Africa. The two are some of the biggest banks that can be found in the country. In fact, Standard Bank is the biggest when it comes to capitalization. Between them, Standard Bank and FNB have almost 20 million customers across the country. It’s not surprising, therefore, that a lot of transfers happen between the two banks.
Standard Bank to FNB EFT time
The Standard Bank to FNB transfer time is between 2 and 3 days. In general, this is the time period that you need to wait after initiating an EFT from Standard Bank to any other bank in South Africa.
What can you do to speed up the transfer?
That is the Standard Bank to FNB transfer time. But what can you do to speed up the EFT processing time? A lot of people will be looking to achieve this.
The good news is that you can do an immediate payment, which speeds up the process of transferring money from Standard Bank to another bank account.
Please note that you have to pay a fee for immediate payments. The fee is affordable, however, considering the convenience that you get.
Also note that immediate payments may not always be immediate. In some instances, you may have to wait up to an hour for money to reflect. However, in most cases, money will arrive at the destination account within 60 seconds.
Standard Bank immediate payments can only be made from 06:00am to 17:00pm. The maximum amount that you can pay this way is R200 000. So, this is a real solution for those looking to hasten EFT transfers.
In this article, we showed you the Standard Bank to FNB transfer time. It was noted that the two banks are some of the biggest in the country, and thousands of EFT transfers are processed between them every day. In general, a transfer will arrive within 3 days. If you wish to have your money transferred faster, you can do so via Immediate Payment.