Mzansi Fees and Interest
Fees with effect from 30 April 2026:
Account opening fee |
Free |
Minimum opening deposit |
R 40.00 |
Minimum account balance |
R 40.00 |
Cash Deposit Standard Bank ATMs |
R15.00 + R2.50/100 |
Cardless Withdrawal at ABSA / Standard Bank ATMs and participating Supermarket Retail stores |
R15.00 + R2.50/100 |
Close-out EFT (Back-office) |
R 21.40 |
Repayment of Unclaimed Funds |
R 77.00 |
Monthly service/ledger fee |
R 4.50 |
Full statement up to 3 months |
R 22.00 |
Full statement 4 months and older |
R 45.00 |
Mini statement and balance enquiries |
Free |
Account Dormancy fee |
R 32.00 |
Interest with effect from 21 November 2025: |
|
Amount in Rand |
Interest Rate (%) |
0 - 5000 + |
0.00% |
