Standard Bank Saves Customers over R670 Million in 3 years
- Standard Bank's initiatives have delivered savings exceeding R670 million to clients using the Saswitch ATM network.
- Standard Bank abolished the Saswitch network fee, saving customers R245 million in 2023.
- Standard Bank has a network of over 20,000 Saswitch ATMs nationwide and more than 3,500 Standard Bank ATMs.
Standard Bank's strategic partnerships and customer-centric policies have resulted in significant cost savings for its customers. The abolition of the Saswitch network fee and the expansion of transaction locations through retail partnerships have further enhanced convenience for customers. The bank's focus on digital platforms has also contributed to its success. Overall, Standard Bank's initiatives demonstrate its commitment to meeting customer needs and solidify its position as a leading South African bank.
