DA opposes R10 bank charges for social grants beneficiaries
29 March 2018
The DA is concerned about SASSA’s revelations in Parliament yesterday that beneficiaries who receive their grants through ATMs will have to pay R10 in bank charges from 1 April 2018.
These charges will affect 5.4 million beneficiaries, who are among the poorest and vulnerable in our society.
These bank charges are due to SASSA not having a contract in place with Grindrod Bank. As a result, the Bank will deduct R10 in bank charges in order to maintain its accounts with SASSA.
The reality is that for the millions of South Africans who live in poverty, a R10 makes a huge difference. It is unfair that the poor have to suffer because of the chronic mismanagement, poor planning and instability at SASSA.