How much is Standard Bank monthly fee?

Standard Bank Monthly Fee Structure

Standard Bank offers a range of banking services, including personal accounts, business accounts, and investment options. The monthly fees associated with these accounts vary depending on the type of account and the services used.

Personal Accounts

For personal accounts, Standard Bank offers a bundled monthly fee of R115. This fee includes unlimited digital banking transactions via the app, as well as unlimited free cash deposits up to R3,000 per month. For cash deposits exceeding R3,000, a fee of R1.40 for every R100 deposited will be charged.

Business Accounts

Standard Bank offers a variety of business account options, each with its own monthly fee structure. The fees vary depending on the account type and the number of transactions processed each month. For example, the Standard Bank Business Value Account has a monthly fee of R150, while the Standard Bank Business Pro Account has a monthly fee of R250.

Investment Options

Standard Bank also offers a range of investment options, including investment accounts, unit trusts, and retirement annuities. The fees associated with these options vary depending on the type of investment and the amount invested. For example, the Standard Bank Unit Trust Investment Account has a monthly fee of R75, while the Standard Bank Retirement Annuity has a monthly fee of R50.

Additional Fees

In addition to the monthly fees outlined above, Standard Bank may also charge additional fees for certain services, such as:

• ATM withdrawals: R10 per withdrawal
• Bank statements: R25 per statement
• Stop payments: R50 per stop payment

It is important to note that the fees outlined above are subject to change at any time. Standard Bank customers are advised to contact their local branch or visit the Standard Bank website for the most up-to-date information on fees and charges.