FNB Pay and Clear Cost (2021)

One interesting solution to some banking challenges is FNB Pay and Clear. One important benefit of operating an FNB account is that First National Bank (FNB) has made it very easy to send money or make payments without having to first withdraw physical cash from your account, and then make the payments or purchases. 

This is in fact a lifesaver in the modern world because more and more financial transactions are performed online, due to their convenience. Everything, from utility bills to groceries is now bought and paid online, reducing the stress of having to travel long distances to make payments or purchase what you need. But after buying what you need, how do you make the payments? That’s where FNB Pay and Clear comes in.

But the question now is How much does FNB Pay and Clear cost? I answer the question, as well as other such important questions pertaining to how the FNB Pay and Clear works. So let us start with the very first question.

What is FNB Pay and Clear? 

FNB pay and clear is a product of the First National Bank, in which customers are able to make instant payments to other bank accounts. With this system, you can pay money to other participating banks for a small one-time fee.

Pay and Clear allows you to pay a flat rate for transactions to participating banks, rather than us other payment systems which charge you a percentage of the money you are sending as fees. Therefore, with FNB Pay and Clear, you can make fairly large payments for a small transaction fee.

But please keep in mind that FNB Pay and Clear only work with a handful of banks. If the bank you are intending on sending the money to is not participating in Pay and Clear you may have to use other means to pay the money and incur higher fees.

How Much Does FNB Pay and Clear Cost?

FNB Pay and Clear currently cost R35 per transaction. This is a reduction in price and is warranted as the bank explained due to the rising importance that online transactions have in the country. As mentioned in the introduction to this post, more and more of the buying and selling that happens in South Africa at the moment is going online.

With that dependence on online transactions comes the need to review prices so as not hinder trade, or cause citizens to suffer deprivation of the things they need. Hence the prices have been reviewed from R50 to R45, to R36.00, and now to R35 per transaction.

What To Know about FNB Pay and Clear

Pay and Clear only works with a few participating banks. To use this service you don’t need to do any further registration; it becomes available to you as soon as you have a functioning account with FNB. The easiest way to send money through FNB Pay and Clear is to use your FNB app. Just open the app, log in to your profile with your details, ad go to your dashboard. You will find a list of products and services offered by the FNB bank. 

Click on Pay and clear. Click on make a payment. Select a bank, and then enter the account you wish to send the money to. Then enter the amount you wish to send. Please ensure that you have enough money in your account + the transfer fee which is R35 before attempting to make the payment.

If you have multiple accounts with FNB then it is important to first click the account you want to make the transfer from. Regardless of the recipient bank, the charge is constant: you pay R35.


Of course, there are many other options through which one could make payments, but Pay and Clear remain one of the favorite options for FNB account holders. Furthermore, with FNB Pay and Clear, you can make utility and other payments. Some popular payments that people use Pay and Clear for are Lotto and prepaid electricity purchases are. For those expenses, you pay only R1,95 per transaction.

Pay and Clear is a product that is widely applauded for being instant. The product is advertised by the bank as being a product that allows customers to make payments to corresponding local participating banks, within up to 60 (sixty) minutes. That means if there is a delay, the transaction could take 60 minutes to clear. 


An important factor to consider is that there is more than one participating server for every transaction. Therefore, delays may not only be caused by FNB servers, but also by the servers at the receiving end of the transaction. 

Disclaimer: The information provided by this article is deemed correct at the time of publication. Neither the author nor publishers of this post are affiliated with FNB. Please visit the bank for more information, and for updates on products and services.     

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