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Community


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Immediate Payments on internet banking

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CD1
New Member

I was told if I want money to be immediately paid into a beneficiary account, I should use the Immidiate payment option.

It does'nt exist on Internet banking...no where to tick that option when doing a payment!!!

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4 REPLIES 4
Hbk2001
New Member

This is really the worst online bank in the world!

 

Friday I did a payment on my app from my Standard Bank Credit Card to one of my suppliers with a Standard Bank account.  3 hours later I drove almost 2 hours to collect the stock and the money wasn't reflecting in their account.  I phoned Standard Bank and they told me it is because I used my Credit Card and my app which could take up to 24 hours to reflect (Std Bank to Std Bank).  After a while I managed to pursuade the manager to release my stock.

 

Today I had another payment to a Standard Bank account.  So I used my savings account and I used my Online Banking.  Exactly the same issue.  Almost 4 hours later and the money is still not reflecting in their account and my driver is standing and waiting.

 

I have never ever experienced this with Absa to Absa, FNB to FNB, Nedbank to Nedbank or even Absa to Woolworths!!?? 

 

But Standard Bank (the biggest bank in South Africa) wants to take all the money transfer daily by South Africans and keep an extra day of interest for themselves.

 

Really upset and angry.

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Johmq
Regular Visitor
How long does it takr to show in fnb with emmidiate payment. Out of my account with r50 fee. Not in receipients account after 3 hours
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Tshifu
New Member
I am also waiting for my money from Standard bank account to another Standard bank account. It's been more than 4 hours and still no sign of any money clearing. They should change their system so we know that there's no such as immediate payment for Standard bank.
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deonnoelhenn
Occasional Visitor

I made an "immediate" paymnet yesterday at 8 am to Capitec account for which i was charged R50 fee.

This payment has not as yet cleared today and my business is standing because of it.

 

Poor service.

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