Transaction charges relate to ABSA basic banking account, FNB easy PAYU account, Nedbank Pay-as-you-use, Standard Bank MyMo account.Â
*Nedbank charges 10 South African rand for instant payments up to three thousand South African rand, and 49 South African rand for payments over three thousand rand.Â
Standard Bank charges 10 South African rand for instant payments under two thousand South African rand, and 50 South African rand for payments of two thousand rand and above.Â
ABSA charges 10 South African rand for instant payments up to one thousand South African rand, and 49 South African rand for payments over one thousand South African rand.Â
Conversion rate as of 05/13/2024
Citation formats
Instant and non-real-time EFT fees in South Africa 2023, by bank and transaction type
As of 2023, First National Bank (FNB) had the highest rate for instant payments at ** South African rand (around **** U.S. dollars). On the other hand, Nedbank charged the highest amount for non-real-time EFTs, at **** South African rand (about **** U.S. dollars).Â
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BusinessTech. (March 14, 2023). Instant and non-real-time EFT fees in South Africa 2023, by bank and transaction type (in South African rand) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 01, 2026, from /statistics/1465978/instant-and-non-real-time-eft-fees-in-south-africa-by-bank-and-transaction-type/
BusinessTech. "Instant and non-real-time EFT fees in South Africa 2023, by bank and transaction type (in South African rand)." Chart. March 14, 2023. ÌÇÐÄÆƽâ°æ. Accessed August 01, 2026. /statistics/1465978/instant-and-non-real-time-eft-fees-in-south-africa-by-bank-and-transaction-type/
BusinessTech. (2023). Instant and non-real-time EFT fees in South Africa 2023, by bank and transaction type (in South African rand). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 01, 2026. /statistics/1465978/instant-and-non-real-time-eft-fees-in-south-africa-by-bank-and-transaction-type/
BusinessTech. "Instant and Non-real-time Eft Fees in South Africa 2023, by Bank and Transaction Type (in South African Rand)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 14 Mar 2023, /statistics/1465978/instant-and-non-real-time-eft-fees-in-south-africa-by-bank-and-transaction-type/
BusinessTech, Instant and non-real-time EFT fees in South Africa 2023, by bank and transaction type (in South African rand) ÌÇÐÄÆƽâ°æ, /statistics/1465978/instant-and-non-real-time-eft-fees-in-south-africa-by-bank-and-transaction-type/ (last visited August 01, 2026)
Instant and non-real-time EFT fees in South Africa 2023, by bank and transaction type (in South African rand) [Graph], BusinessTech, March 14, 2023. [Online]. Available: /statistics/1465978/instant-and-non-real-time-eft-fees-in-south-africa-by-bank-and-transaction-type/
