Your account must be funded within 6 months of opening and can be done in multiple deposits or as a lump sum. Transferring money to your account can be done in one of two ways.
Electronic transfer
You can make a transfer using your bank’s online banking system.
You will have to set up your new Standard Bank International account as a beneficiary. Click on the link to find all the necessary routing details.
Once set up, you can then transfer funds as you would with any other transfer or payment.
Manual transfer instruction
You will need to request a correspondent bank to transfer funds to your new Standard Bank International account.
To do so, please download this transfer instruction template to simplify the process. You will need to provide your correct account details – including your IBAN or account number, and the relevant routing details .
To avoid closure of your account, please fund it with the minimum opening deposit within 6 months of opening.