Guiding consumers since 2009

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 Work from home, have meetings at restaurants – the new normal?

With companies moving from static office spaces to working remotely, meetings have predominantly been held online. However, some companies have turned their attention to meeting at variable locations, such as restaurants or hotel conference rooms.

Is a home loan a great savings tool?

There are many saving and investment options available to consumers. What you decide to use is dependent on your circumstances. But should you make your home loan your choice of a savings vehicle and how does that exactly work?

Everything you should know about tax auto assessment

In 2019, the South African Revenue Service (SARS) launched a system, which was dubbed an “auto assessment”, to assist taxpayers with their annual tax returns. But what does this system entail, and how will it impact you?

What does it mean to be a registered Financial Services Provider?

You may have noticed that financial institutions state that they’re registered Financial Services Providers (FSP). But what does this actually mean, and how does this benefit you as a consumer?

Deals

Earn up to 50% of your tax return submission fee back in eBucks

Price: Available on request
When: Daily
Where: Nationwide

Be part of the Belly Of The Beast Weekday Spring Special Lunch

Price: R350
When: From 23 September 2020
Where: Cape Town

Tony’s Roma Breakfast Special

Price: R39
When: Daily
Where: Cape Town


Latest Guide

Guide to debt rehabilitation solutions