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How long it take for deposit to clear on RCP account

Solved
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3 REPLIES 3
FanaM1
Community Coordinator

Hello @Sandra12.

 

Thank you for contacting us.

 

If the money is coming from a different bank, it will take a debit order 2 to 3 working days to reflect.

 

It takes 24 hours if the debit order is being deducted from a Standard Bank account.

 

There will be a delay on debit order dates that may fall on the weekend or a holiday.

 

This knowledge is provided in the hopes that it will be useful.

 

Regards

Fana

Standard Bank Team.

Sandra12
New Contributor
Hi. I had a debit order from my cheqie account to my rcp and the funds are not reflecting
Boitumelo
Solution
Community Coordinator

 

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

Anele08
Regular Visitor
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
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