SASSA pays their grants, such as Old Age Pension Grant, Disability Grant, and Child Support Grant Payment, by default, using SASSA cards issued by SASSA. Applicants can use this card to withdraw money from various pay points across the country and buy groceries from multiple stores.
SASSA’s top payout site is the post office or Post Bank, although this is not for everyone; others choose to receive their grant payments through their bank account. Indeed, SASSA permits approved applicants to change their payment method from the default to one of several available options.
The official procedure is as follows:
- Visit the SASSA office that is closest to you.
- Forms for changing payment methods or bank accounts
- Fill out the form carefully with your ID documents and other information.
- Hand over the completed documents, and SASSA will notify you when your request is approved so that you can begin receiving SASSA funding in your preferred bank account.
- Expect to continue receiving your grant at the existing pay point until your change request is accepted.
Benefits of Using Personal Bank Account for SASSA
- Your SASSA funding directly in your bank account is the most convenient option.
- If you have subscribed to your bank’s alert messages for your account, you will receive an alert as soon as the money is credited to your account.
- Most of these banks provide a new means of banking using their mobile apps or USSD codes, allowing you to check your account balance, purchase airtime, or transfer money to others.
- You can even use your monthly handouts as collateral when applying for personal short-term loans like Capfin, Wonga, or Unifi.
- You may also quickly request your bank account statement for a certain period to see the inflows and outflows of funds from your account, which will assist you in spotting any anomalies.
So, you may convert your Sassa card to a bank account by following the steps outlined above, and there are numerous advantages to doing so. We recommend using your bank account to get the Sassa grant.
Frequently Asked Question(FAQ)
Approved recipients can amend or update their banking information by going to the Sassa SRD website. Sassa informs beneficiaries that their new banking information will be utilized for future payments only after they have been validated.
7 business days “Turnaround time for it to reflect once it has been satisfactorily confirmed is normally 7 working days,” the agency says, “but due to high transaction volumes, it may take somewhat longer.”
Locating a Bank Before you can switch banks, you must first pick where you want to move your money.
Make a list of all the automatic payments and deposits you have.
Create a New Bank Account
Enroll in Online Banking and Mobile Banking.
Refresh Your Automatic Payments and Deposits.
Close Your Previous Bank Account.
If you do not have a bank account, simply select the post office option. This implies that your money will be delivered to the post office, where you will collect it in cash. Merely choose the post office as your payment option. Your ID number and an active cellphone with the number used to apply for the SRD will be required.