Wager Mage
Photo by Olena Bohovyk Pexels Logo Photo: Olena Bohovyk

How can I withdraw instantly?

How do I withdraw Instant Money as cash? Visit a Standard Bank ATM or a participating retailer. Select 'Withdraw money' and enter the amount. Enter your chosen 4-digit voucher PIN which creates an Instant Money voucher which you'll receive by SMS.

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We’re partnering with more retailers so that you can send and receive money quickly and conveniently with Standard Bank Instant Money, anywhere in the country. Instant Money puts you in control of your money, wherever you are, without needing a bank account. You can safely send money transfers to anyone with a cellphone number, and the money can be collected at any one of our ATMs or retail partners — of which there are now more than ever. With our extensive retail footprint, you can also access Instant Money at Spaza Shops, Spar, PEP, Pick n Pay, Shoprite and select Massmart stores nationwide.

Why use Instant Money?

You can send money anytime, anywhere through Internet Banking or Cellphone Banking, on the app or at our ATMs or retail partners.

There are no monthly fees or charges to receive the money.

Send single or multiple cash vouchers.

Buy prepaid airtime, data or electricity.

How Instant Money works

Access your Instant Money Wallet through Internet Banking, Cellphone Banking, on the app or at our ATMs and retail partners, and load money into it. You can also send cash to anyone with a cellphone number in South Africa or receive money in your wallet, which can be accessed at any time.

Managing your money has never been easier

We’ve increased the number of retail partners where you can send and receive money so that you never have to go far to manage your money. Conveniently load funds to your Instant Money Wallet or withdraw cash at any of our retail partners:

Boxer

Builders

Cambridge Food

Checkers

Game

House and Home

Kazang

Makro

OK Furniture

OTT Collect approved sites

PEP stores

Pick n Pay

Rhino

Shoprite

Spar

Usave

To send money at a retailer, give your ID and cellphone number at the till and confirm the amount you want to send. You’ll receive a voucher number and a 4-digit PIN to share with the person who’ll collect the money.

Frequently asked questions

We’ve answered some of your most frequently asked questions about Instant Money:

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