Basa said the recent violence and unrest had caused extensive damage to the infrastructure of banks in KwaZulu-Natal and parts of Gauteng.
“As safety and security is restored in affected areas, ATMs are being rebuilt and replaced and financial networks repaired. Already, ATMs and branches in many places have been repaired and restored to full service. Banks are also encouraging their customers to use digital banking platforms, which remain resilient and continue to facilitate transactions throughout the unrest.”
To assist social grant recipients who lived in areas where ATMs and branches had been destroyed, customers would be able to use any ATM, including those not operated by their own bank, without incurring additional charges from the beginning of August to the end of September. They would take into account the documentary evidence produced by claimants when considering the provision of bridging finance facilities.
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