One of the questions our customers always ask us is whether our cellphone banking service is free and if it is a costly way to do their banking?
The answer is simple: using the services on cellphone banking service is FREE.
Standard Bank’s cellphone banking uses a USSD (unstructured supplementary services data) code that works the same as when you do a balance enquiry from your phone or you recharge using a code.
You do pay for the session through network charges and data used or sent to your phone. This means you are charged much like you would be when surfing the Internet on your phone.
This charge comes from your cellphone service provider and not from the Standard Bank cellphone banking service. These charges are minimal and worth the price when it comes to convenience and ease of use.
With Standard Bank’s cellphone banking there are:
• NO monthly subscription fee
• FREE balance enquiries
• FREE mini-statements
• FREE prepaid transactions.
To get started on our cellphone banking option simply dial *120*2345#
It is currently available only to our customers in South Africa.
