Standard Bank Instant Money
Standard Bank Instant Money is a service by Standard Bank that creates a withdrawable cash voucher which can be sent to a cell phone number.
In betting, Instant Money is generally used for withdrawals as the bookmaker sends you an Instant Money voucher code via SMS. You can then take this to any Standard Bank ATM or certain retail partners to redeem for cash.
A few betting sites also list Instant Money as a deposit option, but this typically means you could buy an Instant Money voucher and use it to fund your account. However, this is not common as it’s generally a payout method. For withdrawals, once you have the voucher PIN and access code, you can withdraw the cash without needing a bank account.
Best Standard Bank Instant Money Betting Sites
You will find each of the best Standard Bank Instant Money betting sites right here on this page. Our experts have searched the internet to find all of the best bookmakers that will allow you to deposit using Standard Bank Instant Money.
These betting sites have not earned the right to be called the best simply by offering customers the ability to wager using one payment method. Indeed, they will all boast competitive odds, generous promotions, a range of markets for the biggest sports and competitions, great features, a safe and secure site and much more.
Only the top Standard Bank Instant Money betting sites have made it into our list of the best. This therefore means you can sign up with one of these sites confident that you are betting with the best.
If you are also interested in other payment methods, then you can find the best betting sites for these too. Simply change your payment method of choice and take a look at the best betting sites available to you in your country of residence.
Make sure you check back with this page as our list of the best bookmakers is constantly being updated. This happens because sites are updating and improving what they have on offer, while new betting sites are appearing all the time.
Standard Bank Instant Money Limits & Processing Times
Bookmakers generally process Instant Money withdrawals within a few hours up to 24 hours. After processing, you receive an SMS with a 10-digit voucher code and a 4-digit PIN. You can then go to an ATM or partner store and withdraw your cash. The actual act of withdrawing at an ATM is instant as you just input the codes and take the cash. This means the speed largely depends on how quickly the bookie approves the withdrawal.
The minimum withdrawal via Instant Money is often R100 and usually in increments of R10. The maximum per voucher is usually R3,000. Per day limits are often around R3,000, while the monthly limit is around R25,000 on many sites.
Bookies often give one free Instant Money withdrawal in a period, but may charge on subsequent withdrawals according to bank fees. Standard Bank vouchers usually max out at R5,000, but bookmakers can choose to cap at lower for convenience.
