More ATMs for SA

By Staff Writer

The banking industry will roll out new ATMs throughout the country despite recent bombings, the SA Banking Risk Information Centre (Sabric) said on Monday.

"The banks will continue to roll out new ATMs to the previously disadvantaged areas and will also replace damaged and destroyed ATMs," Sabric said in a statement.

The centre said almost 700 ATMs about 2.8 % of ATMs in South Africa had been bombed since 2004 by criminals who placed commercial explosives inside or on the machines.

The crimes were generally perpetrated between 11pm and 5am, and the offenders were usually heavily armed.

"The banks are totally committed to providing easier access to banking services in a secure environment for their clients and take into consideration the general conditions of the site, lighting, proximity to other community services, visibility of the ATM from the road, amongst other factors, when rolling out ATMs."

Sabric said a number of initiatives had been undertaken to manage the threat posed by bombings. One of these was the establishment of a 24 hour hotline, 0800-212-191, to report any suspicious activity, including dealing in illegal explosives.

It said it was also participating in the "Take Charge Campaign" of the Gauteng Community Safety Department, and also in discussion with MEC Firoz Cachalia to ensure safety messages reached the relevant communities.

"We are also partnering with the Community Police Forum to improve community awareness in the prevention of crime."

Recent Articles

Featured Should you save or invest your money?

While saving means putting away cash for future use, investment involves purchasing assets which will yield good returns in the future.

Read more

Retirement annuities compared – pick the one for you

When selecting an RA you must know the type of annuity you are investing in. Retirement annuities are divided into two categories: traditional and new generation annuities.

Read more

Recent tax changes – how do they affect you?

In January this year, various amendments to the Taxation Laws Amendment Bill and the Tax Administration Act were announced. While some changes will benefit you, others could be to your disadvantage. Justmoney looks at how some of the recent changes will impact you.

Read more

Claiming from RAF – should you lawyer up?

A claim against the Road Accident Fund (RAF) can take up to five years before settlement. In trying to secure payment faster, should you appoint a lawyer rather than approaching the RAF directly?

Read more

Sign Up

To our weekly newsletter for advice you can bank on

Deals

Save R100 when you buy a tracker at Takealot

Price: R289
When: Daily
Where: Online

Pamper yourself and partner for less at Bakwena Day Spa

Price: From R999
When: Until 31 July
Where: Hartbeespoort

Pay only R35 for the new Nandos Boujee Bowl

Price: R35
When: Daily
Where: Nationwide