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Convenient debt repayment methods

Debt repayment product detail

Learn more about how making payments are easier than ever before

Paying your debts is extremely important to keep a good credit score, which is important to both you, our Valued Customer and us. For this reason, we constantly introduce new ways to pay us that are convenient and as effortless as possible

Payment Methods
Debit Order

A debit order is a commitment between you and a third party to take an agreed amount of money out of your bank account every month to pay for a service or to repay a loan.

Stop Order

A stop order is an agreement between you and your bank. You instruct the bank to make a series of future-dated repeat payments on your behalf. You can instruct the bank to cancel the stop order at any time.

DebiCheck

DebiCheck is a new way in which the consumer can control how certain debit orders are taken out of their bank account. DebiCheck ensures that consumers are in control of and aware of debit orders being processed to their bank account.

Inter Account Transfer

This is a way of transferring funds between accounts you have registered on our Banking App. Usually, you'll be able to see and use the transferred funds immediately.

Pay at Till

This feature allows you to make cash payments into your Credit Card at Pick n Pay or Checkers. Simply go into one of the retailers, present the card and make the cash payment.

Electronic Fund Transfer

Electronic funds transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, via computer-based systems, without the direct intervention of bank staff.

UCount Reward Points

Redeem a minimum of 2500 Reward Points or R250.00 toward repayment of your Loan account/s.

Cash - In Branch

Customers can still make payment of their accounts, in cash, at any Standard Bank branch

How to redeem your UCount points toward repayment of your Loan/s:
In financial distress product detail
Debt care Centre

Are you in financial distress?

You're in financial distress if you find it challenging to meet your debt payments and household expenses with your current income. Our Debt Care Centre can help you. If you’re looking for different ways to pay your debts, here are some convenient options.

Is voluntary insolvency the best solution for you content tile 5
Credit score

Your credit score is a reflection of your credit health. The good news is, your credit score isn’t static, and if you do find your score a bit low, you can improve it.



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