To avoid visiting the post office, the South African Social Security Agency, or SASSA, advises all recipients of social grants and SRD R350 to link their bank accounts. You can move money from your SASSA card to your account using a Standard Bank or Capitec bank account.
Transferring money from a SASSA card to Capitec is an easy process that takes under a minute. You must complete the SASSA banking details form to transfer your R350 social assistance grant payment method from a SASSA card to a bank account.
Easy steps to transfer funds from your Sassa card to a Capitec account.
- Verify that your Sassa card is now operational.
- Your branch code, account type, and account number are all included in your Capitec account data.
How do we Change the SASSA Payment Method to Capitec?
Option 1: Utilizing the SASSA Website (Single SASSA SRD Award Only)
- Visit the website of SASSA SRD. To begin, launch your web browser. Type the official SASSA SRD website URL in the address box and press Enter. This will direct you to the SASSA SRD website homepage.
- Locate the section labeled “Change Banking Details.”: With so much content and connections, the SASSA website may be overwhelming. Locate the part where you may modify your banking information. Please be patient, as this may take some time. Search for a section or link labeled “Update Banking Information,” “Change Banking Details,” or a phrase.
- After finding the appropriate area, you will be prompted to enter your ID and phone numbers. This contains the phone number you have registered with SASSA and your South African ID number. Please complete these data as accurately as possible.
- Verify using OTP: After submitting your information, a text message with a (OTP) will be sent to the registered phone number on file. This OTP must be entered in the space provided on the webpage. This is an identity verification security measure.
- Update Your Bank Information: You will have access to a secure form to amend your banking information as soon as your identification has been confirmed. Your branch code and Capitec bank account number must be entered into this form. Please complete this information accurately.
- Double-check and Submit: Please examine all the information you have provided before submitting the Form. Errors of any kind might slow down the procedure. If everything appears to be in order, please submit the Form.
- Await Confirmation: SASSA will begin processing your request once you submit the Form. If all the information is correct, they will adjust your payment method after reviewing it. An SMS message alerting you of this will be sent to you. Feel free to wait a few days for a response since this procedure may take some time. Wait for their reaction with patience.
Option 2: Applying for All SASSA Grants with the SASSA Annexure C Form
- Get the Annexure C Form here. You must update your bank information with SASSA on the Annexure C form. This Form may be found online by searching for “SASSA Annexure C Bank Details Change.” Alternatively, you can visit a nearby SASSA office to obtain a copy of this Form.
- Complete the Annexure C Form: After obtaining the Annexure C form, you must complete it with your information. This contains your ID number, contact data, and Capitec bank account information. Verify that the branch code and account number you wrote are accurate. To prevent errors, take the time to fill out the Form.
- Obtain a Capitec Stamp on the Form: Following completion of the Form, it must be stamped by Capitec. This is to verify that the bank account information you submitted is accurate. To accomplish this, visit the Capitec branch closest to you and ask a bank employee to stamp your completed Annexure C form.
- Submit the Form at a SASSA Office: The following action is to send your Annexure C form, duly filled out and stamped, to an SASSA office. Remember to bring your South African ID card. The SASSA office may also request your fingerprints to confirm your identification.
- SASSA Handles Your Request: SASSA will begin handling your request as soon as your Form is submitted. After reviewing your submitted data, they will adjust your payment method if everything is in order. SASSA will notify you by text message or letter of the status of your request. They might take a few weeks to complete this procedure, so do not panic if you do not hear back immediately. Wait for their reaction with patience.
Beneficial Advice:
- Maintain Copies: Creating copies of all the paperwork you fill out during this procedure for your files is crucial. This applies to Annexure C and any other forms you must complete. This also applies to any confirmations or receipts you get. If you keep these records, you can monitor the status of your application and, if required, produce evidence of your actions. Keeping these copies in a secure and convenient location is a brilliant idea.
- Regularly check the SASSA website: This is a great way to determine how your application is progressing. You should constantly check the website for any updates or modifications to your application. This might contain any new information regarding the processing duration, needed papers, or changes to the process. You can ensure you are informed and respond promptly to any changes by visiting the website.
- Contact SASSA: If you have any questions during the procedure, please do not hesitate to check SASSA. They could provide guidance and help you with any problems you might be having. You may contact SASSA by calling their official number or visiting their website for further information. Always remember that clarifying uncertainties and asking inquiries is preferable to assuming anything. Doing this can lessen the likelihood of errors and application process delays.
Read More: https://srd.sassa.gov.za/
Advantages of Converting to a Capitec Account:
Direct deposit of your SASSA cash into a Capitec bank account has the following benefits:
- Convenience: No need to personally collect grants; funds are deposited to your account automatically.
- Faster access: Unlike cash lines, direct deposits provide speedier access to your money.
- Security: Funds are sent into your bank account securely.
- Simplicity: Eliminates the need to go to the post office or ATM to get cash.
- Accessibility: Provides digital internet or mobile banking access to your SASSA money.
- Financial management: Budgeting and keeping track of your SASSA earnings is simpler.