This directive from the SARB aims to guarantee uninterrupted grant payments for Sassa beneficiaries who have not yet transitioned to the new Postbank black card. While discussions between the SARB and Postbank are ongoing, a new deadline for the discontinuation of the Sassa gold card is expected from the reserve bank.
A new deadline for the termination of the Sassa gold card is expected to be issued by the SARB soon.
Postbank also indefinitely suspended the issuance of black cards at its branches nationwide.
Whilst discussions are underway between SARB and Postbank, the issuing of the black cards by Postbank at their sites across the country has been suspended indefinitely.
Sassa is confident that grant beneficiaries will continue to receive their payments. The agency reminded beneficiaries they can select any bank of their preference for grant payments. They advised those wishing to do so to visit their nearest Sassa local office for assistance.
Sassa remains hopeful that all beneficiaries will continue to receive their money while also emphasizing the right of the beneficiaries to choose any bank of their choice and if such need arises, they can approach the nearest Sassa local office.
Parliament Advises Sassa Grant Beneficiaries To Opt For Bank Account Payments
The Portfolio Committee on Social Development advised grant beneficiaries who were unable to migrate to a new Postbank black card to choose a bank for grant payments.
Committee Chairperson Bridget Masango warned that the black card rollout suspension will negatively impact social grant beneficiaries. They added that it's vital that the validity of Sassa gold cards remain operational.
While we understand the complexities that surround this process, it is important to ensure that assurance is given to beneficiaries that there will be no disruptions in their use of the gold card and that they will receive their monies.
