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 Can you take out vehicle finance on an old vehicle?

As it turns out, creditors have several concerns regarding cars older than 10 years. Justmoney has a look at why creditors are sceptical of older vehicles and what you can do to get around this.

Should you have a living will in place?

When you hear the word will, the only thing that comes to mind is the document that states who is going to inherit you property when you’re dead. But have you thought about who’s going to decide what happens to you when you become incapacitated? A living will can help you do just this.

Know the difference between a loan and a credit facility

Choosing the correct product according to your needs is critical in making smart financial decisions. Credit options can be separated into two main categories – loans and credit facilities. But for some people, the lines can be quite blurred between the two.

Is property a good investment?

It’s good to consider whether property is a good investment. Justmoney spoke to numerous specialists to find out whether this is the case in South Africa.

Deals

DaVinci’s on Kloof Students Discount

Price: Available on request
When: Daily
Where: Cape Town

Ghandi's Backpackers and Guest Lodge 10% Discount

Price: Available on request
When: Daily
Where: Johannesburg

Fairway Hotel Happy Hour Special

Price: Available on request
When: Until 13 December 2019
Where: Johannesburg