Violence in SA | Banks ready to service grant beneficiaries

People queueing to receive Sassa social grants.

FILE: People queueing to receive Sassa social grants.


JOHANNESBURG - Banks say they are ready to assist paying social security grants and salaries at the end of the month.

This is despite banking facilities and infrastructure being vandalised during the civil unrest in KZN and Gauteng.

READ: Consumers dissatisfied with banks

Over 1,400 ATMs and 269 bank branches were vandalised or destroyed in the unrest.

Banks say they are expecting to service over 12.5-million social grants beneficiaries from 1 August and they are working with the South African Post Office and Sassa to ensure payments are made. 


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