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 Debt consolidation – Explained

Dealing with debt can be daunting. If you’re struggling to keep track of which store account to pay next and weighing up which credit card is more important to settle first, you may have considered debt consolation. At Justmoney, we’ve decided to get down to the basics and explain what this entails and what impact you can anticipate on your credit score.  

Read more

3 Vehicle financing options compared – which is cheaper?

Buying a car is a considered a milestone, both in life and financially. Unless you’re able to fork out the cash, many opt for financing. But often the excitement to drive it off the showroom floor overshadows the need to check if you’re choosing the most-suited option. To help you make the best-informed decision we compare available vehicle financing structures in South Africa.

Read more

Splitwise: Split the bill not the friendship

Collecting your friends’ debt to you can be draining. You don’t want to ruin your friendship with them, and it can also be extremely awkward. I don’t know how many times I have written, deleted, and rephrased texts, reminding people to pay what is due to me.

Read more

Stokvel-friendly accounts – which one is fair?

The stokvel economy is approximately worth R49 billion in South Africa. This is according to the National Stokvel Association of South Africa (Nasasa). Altogether 24% of these stokvels are in Gauteng, while only 6% are in the Western Cape.

Read more

Sign Up

To our weekly newsletter for advice you can bank on

Deals

Cape Town Fish Market Swartland Special

Price: From R123
When: Until 14 July
Where: Cape Town

Aha Casa do Sol Pay 2 Stay 3 Special

Price: R1,200
When: Until 31 July
Where: Mpumalanga

Open University Free Courses

Price: Free
When: Daily
Where: Online