Instant money
Instant Money is an easy way of sending money to anyone in Zambia for as long as they have an active mobile number. The sender needs to have a Stanbic Bank account with active Internet and mobile banking services to generate the payment. The recipient does not need to have an account as all they will need is an active mobile phone number. The recipient can redeem the money from any Stanbic Bank ATM, without a card. All they will do is press the Instant Money button on the Stanbic Bank ATM. Withdrawing Instant Money on our ATMs is free of charge.
Some of the benefits
Good terms
Send money to any phone number. No need for a bank account.
Personalised
Bank securely over the internet with your smartphone, tablet, laptop or desktop
Flexible
You can access on any phone that has internet access
Accessibility
Share the 5-digit cash collection PIN you selected with the recipient for safe collection.
What you get
- You will get a 9 digit voucher through sms
- Get a 5 digit pin from the sender
- Go to your nearest Stanbic Bank ATM
- Select Instant Money
- Enter the 9 digit voucher number
- Enter your mobile number starting with 0
- Enter the 5 digit PIN and confirm.
What it costs
- The Transaction will only cost you K7
What to send
- Log onto 247 Online
- On the dashboard, go to menu number 6 instant money
- Choose the account you want to pay from
- Enter beneficiary mobile number
- Enter amount
- Click next, then pay
- You will receive a One Time Password (OTP) Through sms
- You will receive a 5 digit pin to be shared with the beneficiary
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What you get
-
What it costs
-
What to send
- You will get a 9 digit voucher through sms
- Get a 5 digit pin from the sender
- Go to your nearest Stanbic Bank ATM
- Select Instant Money
- Enter the 9 digit voucher number
- Enter your mobile number starting with 0
- Enter the 5 digit PIN and confirm.
- The Transaction will only cost you K7
- Log onto 247 Online
- On the dashboard, go to menu number 6 instant money
- Choose the account you want to pay from
- Enter beneficiary mobile number
- Enter amount
- Click next, then pay
- You will receive a One Time Password (OTP) Through sms
- You will receive a 5 digit pin to be shared with the beneficiary