Sassa gold cards still valid
A new deadline for the termination of the Sassa gold card is expected to be issued by the South African Reserve Bank soon.
The South African Social Security Agency (Sassa) says that gold cards for grants are still usable until a new deadline regarding their validity is announced by the South African Reserve Bank.
In a statement, Sassa noted an instruction from the SARB to Postbank to ensure that the gold cards remain active and that Postbank must honour all transactions on these cards.
“This instruction by the SARB is to ensure that all gold card beneficiaries who have not yet migrated to the Postbank black card continue to receive their grants seamlessly,” said Sassa’s national spokesperson, Paseka Letsatsi.
A new deadline for the termination of the Sassa gold card is expected to be issued by the SARB soon.
While 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.
Letsatsi says they are hopeful that all beneficiaries will continue to receive their money while also emphasising the right of the beneficiaries to choose any bank of their choice.
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