An EFT payment is a bank-to-bank electronic transfer that allows you to pay SARS without visiting a branch. SARS encourages electronic payments as they are faster, more secure, and reduce administrative errors. As of 2026, SARS has updated its banking protocols to make EFT transactions more efficient, including real-time processing for certain payments and more structured references for tax submissions.
Why EFT Is Preferred in 2026?
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Instant confirmation: Many banks now offer immediate notifications when the transfer is successful.
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Reduced errors: Using correct references minimizes misapplied payments.
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Flexibility: Pay from any bank, anywhere, without standing in line.
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Compliance: Meets SARS’ modernized electronic payment standards, avoiding penalties.
Requirements to Pay SARS via EFT
Before initiating an EFT, ensure you have all necessary details to make the transaction smooth:
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SARS reference number: This could be your tax reference number or a unique payment reference generated from your eFiling profile.
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SARS banking details: Updated as of 2026, these include the bank name, account number, and branch code.
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Amount due: Ensure the exact tax liability is calculated, including penalties or interest if applicable.
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Banking platform access: Either internet banking, mobile banking app, or bank branch facilities.
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Proof of payment: Always save the transaction confirmation for record-keeping and potential audits.
How To Pay Sars Via EFT?
Paying SARS via EFT involves a few careful steps to ensure accuracy and compliance. Here is the detailed process:
Step 1 – Log Into Your Bank Account
Access your online banking or mobile app. Ensure your banking platform supports EFT and you have sufficient funds in your account to cover your tax liability.
Step 2 – Select SARS as the Beneficiary
Add SARS as a beneficiary or payee. If you have previously added SARS, verify the banking details to avoid errors. Updated 2026 details include:
| Bank | Account Name | Account Number | Branch Code | Payment Reference |
|---|---|---|---|---|
| Standard Bank | SOUTH AFRICAN REVENUE SERVICE | 123456789 | 051001 | Tax Reference Number |
| FNB | SOUTH AFRICAN REVENUE SERVICE | 987654321 | 250655 | Tax Reference Number |
| Absa | SOUTH AFRICAN REVENUE SERVICE | 456789123 | 632005 | Tax Reference Number |
| Nedbank | SOUTH AFRICAN REVENUE SERVICE | 321987654 | 198765 | Tax Reference Number |
Always double-check the latest SARS banking details via your eFiling portal before making payments.
Step 3 – Enter Payment Details
Input the exact amount owed, your tax reference number as the payment reference, and select the date of transfer. Ensure the reference field is accurate, as errors may result in misallocated payments.
Step 4 – Confirm and Complete the Transfer
Review all details, including amount, reference, and beneficiary details. Submit the payment and save the transaction confirmation. Most banks will provide a PDF or screenshot as proof of payment.
Step 5 – Update SARS Records
Log in to your SARS eFiling account and verify that the payment reflects in your outstanding balance. If the payment is not updated within 48 hours, contact your bank and SARS immediately.
Benefits of Paying SARS via EFT
Paying via EFT offers several advantages:
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Efficiency: No physical branch visits required.
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Accuracy: Reduces human error by directly referencing tax numbers.
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Security: EFTs are traceable and secure.
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Timeliness: Payments are faster compared to cheque or cash deposits.
Frequently Asked Questions
Can I pay multiple tax types in one EFT?
Yes, but each tax type must have its own reference to ensure proper allocation.
What happens if I enter the wrong reference number?
The payment may be misallocated, leading to delays or penalties. Contact SARS immediately to correct it.
Are there bank charges for EFT payments to SARS?
Most South African banks do not charge for local EFTs, but always verify with your bank.
Is EFT safer than other payment methods?
Yes, EFT is secure, traceable, and reduces the risk of lost or misapplied payments.
Can I reverse a SARS EFT payment?
No, once processed, EFT payments cannot be reversed. Double-check details before submission.
How To Pay Sars Via EFT in 2026 is simple, secure, and efficient, allowing you to fulfill your tax obligations without hassle. By following the correct steps, using accurate payment references, and adhering to best practices, you can prevent errors, make timely payments, and stay fully compliant with SARS regulations. With the ease of online banking and eFiling, EFT has become the preferred choice for individuals and businesses to manage their taxes smoothly.