The South African Reserve Bank controls the cut-off times for payments – Sanlam Liquid abides by these. The following cut-off times are applicable to payments:
Payments from a Sanlam Liquid account to a Sanlam Liquid account
The payments will be processed immediately and sent to the recipient's account, irrespective of which day of the week the transaction is done. These transactions are free.
Payments from a Sanlam Liquid account to a bank account
Weekdays
| Transaction value |
Time received |
Time processed |
| All amounts |
Before 13:00 |
By 14:00 of the same business day |
| All amounts |
After 13:00 |
By 14:00 of the next business day |
Saturdays
| Transaction value |
Time received |
Time processed |
| All amounts |
Before 10:00 |
At the end of the same business day |
| All amounts |
After 10:00 |
At the end of the next business day |
Sundays and public holidays
All payments will be processed on the following business day.
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