Visit our COVID-19 site for latest information regarding how we can support you. For up to date information about the pandemic visit www.sacoronavirus.co.za.

bs-regular
bs-extra-light
bs-light
bs-light
bs-cond-light-webfont
bs-medium
bs-bold
bs-black

Community


Share knowledge. Ask questions. Find answers.

Community

A one-stop forum for all your banking questions

Direct eft into home loan account

Reply
CRW
Frequent Visitor
I'm trying to eft directly into my Std Bank home loan account from a different personal std bank account of mine other than the account where my payment is normally debited, I get an error message invalid beneficiary reference for home loans. Any advice how I can make this transaction?
Reply
1 REPLY 1
DM1981
New Member

You've probably figured this out quite a while back. But, maybe someone else has this same question, and stumbles upon this. 

I wondered the same thing, tried the same thing, and got the same error. 
However, yesterday, I logged onto my Standard Bank Banking App, and went to Transact, Pay, and tapped on Businesss Directory. Here, I searched for "home loans", and tapped on the STANDARD BANK HOME LOANS entry. On the new page that opens, I input my account number for the Home Loan as their reference, along with a intuitive reference for me. And it allowed me to pay additional funds over to my Standard Bank Home Loan! However, it did take like a day before it was successfully listed as a transaction.

I hope that helps. (Someone...)

0 Kudos
Reply