What are EFT payments called by standard bank account pricing guides? Is it Electronic Interbank payment because if so the access acount pay as you transact charges 180 + 0.20% for an EFT!!! This can't be right. I need to open an account with minimum monthly fees. I will only be doing a couple of EFT payments a month and money will come in to the account from various people. What is the best account to look at?