How much are Standard Bank fees?

Standard Bank's Revised Banking Fees for 2025

Standard Bank, one of South Africa's leading financial institutions, has announced revisions to its banking fees effective from 2025. The updated schedule introduces changes across various services, primarily affecting private account holders.

POS Transactions

• POS withdrawal fees have undergone a slight increase, moving from R1.35 to R1.40 per transaction.
• POS deposit fees remain unchanged at R1.40 per R100 deposited.

Debit Orders

• Monthly debit order fees are maintained at R3.50 per debit order processed.

Account Maintenance

• A monthly account maintenance fee of R85.00 will apply to private accounts.

Other Key Changes

• No change to ATM withdrawal fees, which remain at R7.00 per withdrawal.
• Stop order fees increase from R10.00 to R10.50 per stop order processed.
• Bank-to-bank EFTs processed through the Standard Bank mobile app remain free of charge.

Impact on Customers

These revised fees may have varying impacts on Standard Bank customers. While some fees have increased, others remain unchanged. Customers are advised to carefully review their account statements and consider how the changes may affect their banking habits.

Protecting Customer Finances

Standard Bank emphasizes that these revisions are necessary to maintain the quality and efficiency of its banking services. The bank continuously monitors its fees and makes adjustments as needed to ensure that its customers receive competitive and value-added products and services.

Customers with any questions or concerns about the fee changes are encouraged to contact their local Standard Bank branch or visit the Standard Bank website for more information.