Banking

Open A Standard Bank Account Online

Open A Standard Bank Account Online

Open A Standard Bank Account Online

How To Apply For A Standard Bank Account Online In Minutes:

Opening a Standard Bank account online has never been easier. Whether you are managing your first salary, saving for your goals, or simply looking for a reliable way to handle your day-to-day expenses, Standard Bank gives you the freedom to bank anytime, anywhere. With digital banking now at your fingertips, you can skip the long queues and paperwork and open your account online in just a few minutes.

Standard Bank offers a range of online account options, including the MyMo and MyMo Plus accounts, both designed to suit different lifestyles and financial needs. You can open your account through Internet Banking or the Standard Bank App, giving you full control of your money wherever you are. Once your account is set up, you can transfer funds, pay bills, shop online, and even buy prepaid services, all from your phone or laptop.

Opening a bank account online with Standard Bank is not only fast and convenient but also secure. Your information is fully protected, and every transaction is password-encrypted to ensure your safety. You will also enjoy 24/7 access, so you can manage your finances on your schedule, not the bank’s. To qualify, you only need to be a South African citizen with a valid ID and meet the age requirement (16 years or older for the app, 18 years or older for online banking). Start today and experience modern banking made simple with Standard Bank’s online account opening.

Standard Bank Account Options

Below are the various accounts in operation at Standard Bank in South Africa:

Achieva™ Banking Account:

A packaged account designed to help you build and grow your wealth, ensuring a better future for generations to come.

  • Monthly fee: R115
  • Minimum income: R8 000

MyMo Bank Account:

Voted Product of the Year 2025 in the Youth Account category by Kantar. Enjoy affordable, flexible banking, and pay only for the transactions you make.

  • Monthly fee: R7.50
  • Minimum income: None

MyMo Plus Account:

Get a bundle of essential transactions and services at a fixed monthly fee, perfect for your everyday financial hustle.

  • Monthly fee: R115

(sum)1 Banking Account:

Teach your child (under 16) smart money habits early with zero monthly fees and a free bank card.

  • Monthly fee: None
  • Minimum income: None

Prestige Banking Account:

Enjoy private banking benefits at an affordable rate. Access discounts, expert financial advice, and wealth growth opportunities.

  • Monthly fee: R250
  • Minimum income: R25 000

Professional Banking Account:

Tailored for young professionals, enjoy flight discounts, favourable interest rates, and dedicated financial guidance.

  • Monthly fee: R280
  • Minimum income: None

Qualification: Degree required

  • (R270 bundled fee for Evolve)

Private Banking Account:

Get 24/7 support from your own Private Banker, lifestyle benefits, and offshore investment options.

  • Monthly fee: R460
  • Minimum income: R58 000 (R445 bundled fee for Evolve)

Signature Banking Account:

Enjoy world-class service, global lounge access, and expert investment advice.

  • Monthly fee: R580
  • Minimum income: R92 000 (R560 bundled fee for Evolve)

Consolidator Banking Account:

Specially designed for customers over 55, simple, affordable, and packed with exclusive perks.

  • Monthly fee: R49
  • Income required: Yes

How to Open a Bank Account

A bank account keeps your money safe, allows you to earn interest, and is essential for receiving your salary. Opening an account is easy. Simply visit any South African bank with the required documents.

With a basic account, you can:

  • Withdraw and deposit cash
  • Pay using your debit card
  • Receive instant SMS notifications
  • Bank from your cellphone affordably

You will need:

  • A South African ID book or a valid passport (with permit)
  • Proof of residence (utility bill or letter from your landlord/chief/councillor)

Who Can Open a Bank Account:

  • South African citizens
  • Foreign nationals residing in South Africa

Why Opening A Standard Bank Account Online Is Important

Below is why opening your bank account online is fast, simple, and convenient:

  • Always accessible: You can open your account anytime, anywhere, right from your home or office.
  • Saves time: No need to visit a branch or stand in line; you can apply 24/7.
  • Fits your lifestyle: You already do so much online, now your banking can be just as easy.
  • Safe and secure: Your account is password-protected, and all transactions are encrypted for your protection.
  • Quick and easy setup: In just a few steps, you can open your account, make payments, transfer money, buy prepaid services, and shop online.

Requirements Needed to Open A Standard Bank Account Online

To open a bank account on the Standard Bank website, you must be:

  • 18 years or older
  • A South African citizen with a valid South African ID

To apply, visit the website, choose MyMo or MyMo Plus, click “Tell me more”, then select “Open account.”

To open an account on the Standard Bank App, you must be:

  • 16 years or older
  • A South African citizen with a valid South African ID

Simply open the app, tap “Open an Account,” select your preferred product, enter your details, and follow the prompts. Once completed, your new account will be active immediately.

How To Open A Standard Bank Account Online

Opening a Standard Bank account online is simple, secure, and can be done in just a few minutes. Follow these steps to get started:

Option 1: Through the Standard Bank Website:

Visit the Standard Bank website on your computer or mobile device.

  • Choose your account type – select either the MyMo Account or MyMo Plus Account, depending on your needs.
  • Click “Tell me more” and then “Open account.”
  • Fill in your personal details, such as your name, ID number, and contact information.
  • Upload any required documents, such as your South African ID and proof of residence (if requested).
  • Review and submit your application online.
  • Once approved, your new Standard Bank account will be active and ready to use immediately.

Option 2: Through the Standard Bank App:

  • Download and open the Standard Bank App on your smartphone or tablet.
  • Tap on “Open an Account.”
  • Select your preferred account (MyMo or MyMo Plus).
  • Enter your personal information and follow the on-screen prompts.
  • Verify your details and submit your application.
  • Your account will be created instantly, and you can start banking right away.

Requirements:

  • Must be 16 years or older (for the app) or 18 years or older (for the website).
  • Must be a South African citizen with a valid South African ID.

Get in Touch With Standard Bank

  • South Africa
    0860 123 000
  • International
    +2710 824 1515

Physical Address:

  • 5 Simmonds Street, Selby, Johannesburg, 2001

Opening a Standard Bank account online gives you the freedom to manage your money your way quickly, securely, and without ever visiting a branch. Whether you choose the MyMo or MyMo Plus account, you will enjoy full access to digital banking features that let you send money, pay bills, and shop online with ease. All you need is your South African ID, a few minutes of your time, and an internet connection to get started. With Standard Bank’s simple online process, your new account can be ready in no time, helping you take control of your finances from wherever you are. Visit The Official Website Of Standard Bank For More

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Samuel Yeboah

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