Last updated 16 October 2026
Instant EFT
An instant EFT hands you to your own bank to approve a push payment. On Springbok the deposit is instant. The withdrawal is not.
Instant EFT starts at R71. BetterEFT starts at R51. Both describe deposits as instant and withdrawals as 48 to 72 hours. You do not need a card or a separate registration for that rail, and your bank may still charge its ordinary EFT fee.
That withdrawal window is the planning number. If you need the money back inside two days, this rail does not promise it. Silver Sands lists internet bank transfers as a category and does not print a Springbok-style minimum. No other ranked brand has an EFT floor quoted on this site. Do not apply R51 or R71 to them.
- Instant EFT deposit
- From R71, credited instantly.
- BetterEFT deposit
- From R51, credited instantly.
- Withdrawals
- 48 to 72 hours on those rails.
- Bank fee
- Your bank can still charge its own EFT fee.
Pros and cons
Pros
- The deposit is instant, and the minimum is lower than the card floor.
- You stay inside your own bank to approve it.
Cons
- Withdrawals take 48 to 72 hours.
- The floors belong to Springbok. They are not a universal EFT price.
Questions players ask
What is the Instant EFT minimum on Springbok?
R71. BetterEFT starts at R51. Deposits on both are instant. Withdrawals are listed at 48 to 72 hours.
Should I type my online-banking password into a cashier?
No. An instant EFT hands you to your own bank's page to approve a push payment. A form that asks for the banking password is not that product.