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How To Change Your Banking Details For SRD Grant

How To Change Your Banking Details For SRD Grant

Sassa allows beneficiaries to receive their Special Covid-19 Social Relief of Distress (SRD) grants through their personal bank account. You can change your bank details for SRD grants by following these steps.

How To Change Your Banking Details For SRD Grant

Social Relief of Distress (SRD) grants have been made more flexible by the South African Social Security Agency (Sassa). Money can be transferred via major banks or deposited into personal bank accounts.

Sassa SRD’s website allows approved recipients to update their bank details. SSA reminds beneficiaries that their new banking details will only be used after they have been verified for future payments.

How To Change your Banking Details for SRD Grant

  • Go to the Sassa SRD website.
  • Scroll to “How do I change my banking details”.
  • Enter your ID Number.
  • An SMS containing a secure link, unique to you, will be sent to the mobile phone number with which you registered during the application.
  • Click on the link in the SMS.
  • Follow the instructions carefully.

SSA has made it clear that beneficiaries must provide their own banking details since grants will not be paid into another person’s account.

As a result, grant payments will be made to the right person and fraudulent activities will be prevented.

The mobile phone number on which recipients received the SMS must be registered in their name if they choose the money transfer option through a major bank.A mobile phone number that is registered to another person is not accepted by Sassa for payment of grants.

Finance Minister Enoch Godongwana Announcement 

A 12-month extension of the R350 grant was announced by Finance Minister Enoch Godongwana in October 2022. As a result, beneficiaries will receive grants until March 2024. There will need to be permanent increases in revenue or reductions in spending elsewhere if a permanent extension or replacement is to be made.

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