How to Use eWallet for Standard Bank
If you want to use an eWallet service, you can benefit from the convenience of the ability to send and receive money to anyone in South Africa. The Standard Bank eWallet feature is called TravelWallet and is one of the safest and most convenient ways to send cash to someone overseas.
The service is done by using a prepaid MasterCard, they can simply be funded and then used to make ATM withdrawals anywhere in the world. This means that the money will be available to the recipient 24-hour a day, and this feature is also available in various currencies, including Euros, US dollars, pounds Sterling and Australian dollars.
There are various benefits of the service, including the fact that it is a safe way to transfer cash around the world, without having to carry physical cash with you. It also benefit from free point-of-sale transactions with your card, as you will not be charged a transaction fee. There is no monthly management fee if the card is an active, and you can get free online statements which can be accessed from a cellphone.
This card will be valid for up to 4 years so you can use your car for future trips by funding money on the card and saving it up until the travel. You can also make reloads to the cause. While you are travelling abroad, just perfect. In the event that you run out of funds while your overseas. You can simply contact the foreign exchange outlets from with court was purchased so that you can reload the card with more funds.
TravelWallet is definitely very convenient service and is perfect for people who travel around a lot and would like the safety of not having to carry cash with them where they go.