Community

Share knowledge. Find answers. Ask questions.

Community

A one-stop forum for all your banking questions

How long it take for deposit to clear on RCP account

Solved
Reply
Highlighted
Anele08
Regular Visitor

How long it take for deposit to clear on RCP accou...

Hi,I have made a deposit to REvolving Credit account.On the app it shows the money is available but I still cannot transfer it to my Ellite account.Even inside the branch they do not know why.Please assist
Go to the solution >
0 Kudos
Reply
1 REPLY
Solution
Community Coordinator

Re: How long it take for deposit to clear on RCP a...

 

Hello @Anele08,

 

Please note below the clearance time period for your RCP account transfer to your normal account.

 

Clearance period
Cash is 1 day and cheque payments that exceed your credit limit are subject up to a 10-day clearance period for security reasons.
This clearance period does not apply to funds that are transferred electronically.

 

Here is the link for more information on this: http://www.standardbank.co.za/portal/site/standardbank/menuitem.de435aa54d374eb6fcb695665c9006a0/?vg...

 

Let me know should you still need further assistance on this matter.

 

Regards, 

Boitumelo

0 Kudos
Reply