Send Money from Canada to Standard Bank

Standard Bank of South Africa, South Africa

Standard Bank Group 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.

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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.
Frequently Asked Questions
Electronic money transfers, debit or credit card payments, bill payment, and Interac Online are all acceptable methods of payment.
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.
If you have a verified RemitBee account, the maximum monthly and daily transfer amounts are $50,000 and $9,000, respectively.
Yes! Anyone who refers three people who successfully complete their first transfer will receive a $50 reward.
The CAD to ZAR exchange rate is currently 1 CAD for ZAR. This changes daily.

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