Submitting new bank details for SASSA grant

With new bank details or another payment method for your Sassa grant, there are a couple of things to know. You will need to use your own bank account that is linked to your ID. You can’t use anyone else’s bank account for your Sassa grant.

You also need to wait for a month before you can withdraw it with the new payment method.  There is other important information you also need to know before you can successfully change the way you are getting paid. Before you change your method of payment, you need to know these first.

https://www.dsd.gov.za/index.php/documents

Changing your payment option for the Sassa grant is possible

When it comes to changing your Sassa grant payment, there are a couple of things you need to know.

  • It is possible to change your payment method with Sassa. It doesn’t really matter if you are getting the R350 Sassa grant, or if you are getting the child Sassa grant.
  • You just need to make sure that you know that you need to use your own bank account for the change. If you are changing from pay point to bank deposit.
  • If you want to change, you will have a waiting period of a month before the new payment method is active.

Previous rules and regulations about changing payment options

Did you know that before 2021, there were some rules and regulations about changing your payment methods? Regulations that aren’t being used anymore.  The problem is that many still think that these rules and regulations are active.

  • You could have only changed your payment method in a certain time period. After the period, you couldn’t change your payment method anymore.
  • The time window was during the first week of every month. This is normally when social grants were paid.
  • This was also the only time when you could have changed any address updates.

But it all changed, because of the Covid 19 pandemic. The whole process of collecting grants has changed between 2020 and 2021.

New rules and regulations

It’s important to know the new rules and regulations about changing your payment method for social grants.  Sassa has made it easier to change your payment method, or if you want to update any information on your profile.  These are the new rules and regulations about changing the way you are getting paid.

  • You can do it throughout the month.
  • You can submit the changes directly on the website; you can phone the Sassa helpline. Or, you can go directly to the nearest Sassa office for assistance.

These changes were made, not only because of the Covid pandemic but because many people have complaint about the old regulations of changing and updating payment methods.

Different payment options you have with Sassa grant

Before you can just go and change your payment method for the Sassa grant, you will need to know what your options are.  With most social grants, the payment method options are the same. You can choose between:

  • Get your grants by different Sassa pay points. All of the post offices are pay points for the Sassa grants. You can only go on a certain date, depending on the type of grant you are getting.
  • You can go to other, selected stores for collecting your grants. These are mostly Pick n Pay and Boxer stores. With Pick n Pay stores, you can’t get your grant from Pick n Pay liquor store and Pick n Pay clothing. All the other Pick n Pay stores are pay points.
  • You can also get your payments through your bank. Meaning that they are depositing your grant into your bank account. This is the most convenient, but you will pay banking fees for the deposit and for withdrawing your money again.

The R350 grant payment options are different

One thing that you need to know is that the R350 SRD payments are different. From the days that you are collecting your grant to the payment options you have. These are the methods for getting your R350 grant payments.

  • Through the pay points at already mentioned places. However, there isn’t a day allocated for the grant. You will need to wait for an SMS to collect your grant payments.
  • Bank account payments. As mentioned you can let the payment be deposited into your bank account, but you will pay banking fees.

However, changing your banking fees is the same as the other grant payments.

When changing payment to bank deposit of Sassa grant

To change your payment method from collecting it at a pay point to getting it deposited into your bank account, there are a couple of things you need to know. Without knowing these, you will have a hard time getting your payment method changed.

  • The bank account that you are going to use, need to be in your own name. It should be an account that was opened in your name. Not in your children’s or even spouse’s name.
  • The telephone number you are using should be Rica in your name as well. Otherwise, you will not get any SMS from Sassa to finalize your payment option.
  • You will need to have all the right bank and account details, your ID number, and the unique secure URL that they will send you via SMS.

Steps to submit new banking details

When you are submitting new banking details, you need to make sure that you have all these ready at hand. This will make the process easier and faster.  These are the things you need when you have your own personal bank account.

  • Bank name
  • Account number
  • Branch name and code
  • Account type
  • Agree to terms and conditions
  • Submitting the banking details as correct

When you aren’t the owner of the personal bank account, you need to follow these steps:

  • You will need to choose payment option as cash send
  • Need to agree to the terms and conditions
  • Submit all the required banking details.
  • Then the owner of the bank account need to confirm existing personal banking details
  • Agree to the terms and conditions
  • And submit

https://www.sanews.gov.za/south-africa/sassa-grants-srd-beneficiaries-opportunity-change-payment-method n

It is important to know exactly what is required when you want to change the payment option of your Sassa grant. We are giving you all the required information you need to submit your new payment method correctly. Meaning that within 30 days, your payment method is confirmed and active.