Almost 7.5 million individuals benefit from the monthly SASSA Social Relief of Distress grant R370. All these beneficiaries have different ways they want their money to reach them. While others choose payment to be done through their bank account, others want it through Cash send or even the post office. But in all, receiving it through your bank account is the easiest and most convenient way. This article will discuss all you need to know about receiving your grant through your bank account.
How To Change R370 Payment From Post Office to bank
SASSA has urged all beneficiaries to change their payment methods to pay by bank, as it is the fastest way to receive your grant and prevent long queues and delays compared to other payment methods. The following steps will assist you on how to change your grant payment from the post office to the bank successfully;
- Visit the Sassa website
- Scroll down till you find “How do I change bank details.”
- Beneath it, enters your ID number, name and surname and click “submit.”
- An sms will be sent to the mobile number that you used to fill out your grant form
- In that sms, click on the link, you will see
- Fill in your bank name, bank type, branch and account number in the fields required
- Provide all the other information needed and click “submit.”
- SASSA will send you a notification saying you have successfully submitted your bank details.
Why Change R370 Payment From Post Office To Bank?
It is necessary to switch your payment from post office to bank payment because SASSA no longer pays R370 grants through the South African Post Office. This change was made to reduce crowding and long queues at the post office and also challenges SASSA was facing at the various post office pay points. You can access your grant at the selected stores or ATM using your SASSA card or your mobile number. Though these processes are quick too, SASSA advised that the bank payment is the best and can be accessed across the world.
Will SASSA Verify My Bank Details Before payment?
The answer is yes. SASSA will not process your payment if your bank details have not been verified. The first thing they will do is verify your bank details to ensure that you do not have money coming from anywhere that does not form part of the SRD and also to check if you exceed the income threshold for the grant, which is R624 per month. The income threshold is the money applicants are allowed to have in their bank account, and if it goes higher, you will not qualify for the grant in that month.
Your bank details will be sent to the Department of Treasury and then to your chosen bank, back to the Department of Treasury and then forwarded to SASSA again for your payment process to begin. Note that SASSA will never pay your grant to someone’s bank account.
How do I Transfer My R370 To My Bank Account?
SASSA makes payment of grants in different ways, either through the SASSA card, Cash Sent or directly through your bank account. You must be aware that this process can not be done online. Beneficiaries who wish to have their grant in their personal bank must complete the SASSA Annexure C (bank form). This process is done by the individual and the bank which the grant will be issued and sent to the SASSA office. Below are the steps to guide you ;
- Upload and print the SASSA Annexure C form
- Take it to your bank to be filled and stamped
- Take it to the SASSA office for verification
- SASSA will then process your request and deposit your grant into your bank account straight.
Can The R370 Grant Be Paid Into My Bank Account?
You have absolute control over where your grant should be paid. Suppose you want it to come straight into your bank account. In that case, all you have to do is provide the correct details. In addition, the bank account must belong to you because SASSA does not pay grants into different accounts because of fraudulent activities.
How Long Does SASSA Take To Pay R370 Into A Bank Account?
Your bank account will be verified first; this process has no set time frame. Your bank details will be sent to the Department of Treasury, to the bank you chose, back to the Department of Treasury and then finally to SASSA to start processing your payment, as I stated earlier in the article.
SASSA will then send an sms containing the date your grant will be paid. This process can take about seven or more working days before your grant enters your bank account.
