Send Money from Canada to Standard Bank
Standard Bank of South Africa, South Africa
Standard Bank Group (SBG) is a South African commercial bank headquartered in Johannesburg. The bank was founded in 1862 and provides its customers with transactional banking, savings, borrowing, lending, investment, insurance, risk management, wealth management, and advisory services. The corporate and investment banking segment of Standard Bank Group provides corporate and investment banking services to governments, parastatals, larger corporations, financial institutions, and international counterparties. Some of the group's major subsidiaries include Standard Bank of South Africa, Standard International Holdings, Stanbic IBTC, and Liberty Holdings.
How to Send Money to South Africa with Standard Bank
To send money to a Standard Bank of South Africa account, simply follow these five simple steps:
- You must first create an account in order to use RemitBee. There is also a user-friendly digital wallet included.
- You will be asked for your full name, address, and job title. Because the mobile number and email address will be verified, both must be current.
- Following that, the recipient's name, address, and phone number will be requested. The beneficiary bank's swift code and the recipient's bank account number must also be provided.
- After you've entered the amount to be transferred, you must select a payment method. All you have to do now is follow the instructions on the screen to complete the transaction. Currency fluctuations have no effect on fees.
- Once the transfer is complete, you will be notified via email. You can keep track of your money transfers using the RemitBee app's tracking feature.
Why send money directly to Standard Bank of South Africa
There are a number of advantages to using RemitBee's online money transfer service. Here’s a few:
- RemitBee allows you to send money to anyone, anywhere, and at any time. There will be no need to visit a bank or a remittance facility.
- You can be confident that your payments will be moved safely because we have been doing it for years and have a track record to back it up.
- The funds will be delivered to the beneficiary as soon as the transfer is completed successfully.
- If you transfer $500 or more using the RemitBee Wallet, you will not be charged any additional fees.
What information you’ll need to complete the transfer
Check that you have all of the following information before sending a RemitBee transfer:
- Full name of the recipient as it appears on their bank statement
- The recipient's mobile number and home address
- Swift code for Standard Bank of South Africa (SBZAZAJJ)
- Bank account number of the recipient
How Remitbee calculates the CAD to ZAR Exchange Rate
A cost estimate for each transfer can be provided ahead of time. Our currency exchange rates are some of the best in the industry. Sending money with a credit card incurs a fee; however, sending money with RemitBee Wallet is completely free.
Which other banks in South Africa can you send money to?
How international money transfers work
A CAD/ZAR exchange rate will be established by one of the banks. Funds are then sent using the swift system.
Check our refer and earn program!
Get $20 for every successful referral while the referred person gets $10 towards their first transaction. Use your unique referral code to invite your friends and register with it. Once they send their first transfer of at least C$200 or exchange at least C$1,000, you’ll get C$20 credited to your RemitBee account. There is no limit on the number of referrals you can make so the earning potential is endless! So, keep referring and earning with RemitBee.
Frequently Asked Questions
How can I pay for my money transfer to Standard Bank of South Africa?
Electronic money transfers, debit or credit card payments, bill payment, and Interac Online are all acceptable methods of payment.
What delivery options are available for transfers to South Africa?
For the time being, the only option is a bank transfer, which can take anywhere from a few minutes to an entire business day. Some transactions can be completed in a matter of seconds.
What is the maximum amount I can send to a Standard Bank of South Africa account?
If you have a verified RemitBee account, the maximum monthly and daily transfer amounts are $50,000 and $9,000, respectively.
Does RemitBee have a referral program?
Yes! Anyone who refers three people who successfully complete their first transfer will receive a $50 reward.
What is the CAD to ZAR exchange rate today?
The CAD to ZAR exchange rate is currently 1 CAD for ZAR. This changes daily.
Download Remitbee Mobile App
Created for our customers on the go, the Remitbee app has all the functionality you expect from the website compacted into your iPhone or Android device! Designed for speed, efficiency and safety, our app is the best way to use Remitbee.
