Instant and non-real-time EFT fees in South Africa 2023, by bank and transaction type

Transaction charges relate to ABSA basic banking account, FNB easy PAYU account, Nedbank Pay-as-you-use, Standard Bank MyMo account. 

*Nedbank charges 10 South African rand for instant payments up to three thousand South African rand, and 49 South African rand for payments over three thousand rand. 

Standard Bank charges 10 South African rand for instant payments under two thousand South African rand, and 50 South African rand for payments of two thousand rand and above. 

ABSA charges 10 South African rand for instant payments up to one thousand South African rand, and 49 South African rand for payments over one thousand South African rand. 

Conversion rate as of 05/13/2024