How Much Does It Cost To Withdraw Money From Different Banks In South Africa?
The withdrawal fee for using another bank’s ATM will change back to R9. 75 per R1000 as branches, ATMs & retailers reopen following the recent unrest.
Which bank charges less fees in South Africa?
Cheapest bank accounts in South Africa
| Bank charges in South Africa | ||
|---|---|---|
| Transaction | Standard Bank MyMo | Winner on R1,000 Transaction |
| Withdrawal (International) | R20 per R1,000 + 2.75% transaction fee | Standard Bank |
| Card payment (foreign currency) | 2.75% | Capitec |
| Monthly Fee | R4.95 | Nedbank |
How much does Nedbank charge for withdrawal?
Cash withdrawals
At a Nedbank ATM R5,00 plus R1,51 per R100 or part thereof.
At another bank’s ATM R12,57 plus R1,51 per R100 or part thereof. At a branch: – Cheque encashment R50,00 plus R1,51 per R100 or part thereof in addition to cheque service fees.
Can I withdraw money from a different bank?
You generally can use your debit card to withdraw money at an ATM owned by another bank, or at an ATM owned by a third-party provider in a location such as a convenience store or restaurant.
Some ATMs allow you to do certain things, especially check your balance, without paying a fee.
How much does FNB charge for withdrawal?
Withdrawals at another bank
FNB withdrawal fees at other banks are 9.50 plus R1.90 per R100.00 withdrawal from a Smart deposit.
Meanwhile, a Pay As You Earn customer pays R10.
How much does Absa charge for ATM withdrawal?
In the case of Absa, our fee for Switch ATM cash withdrawals is R12. 00 + R2. 20 for every R100. This fee will reduce to R2.