The South African Social Security Agency (Sassa) has officially announced the payment dates for various social grants for February 2025.
- Older Person's Grants, including grants linked to these accounts, will be paid from February 4, 2025- Children's Grants will be paid from February 6, 2025 Sassa advises grant recipients to avoid rushing to withdraw cash on the first day, as the funds will remain in their accounts until needed.
Basa then reached out to various banking institutions to identify which institution could open new accounts for the grant beneficiaries who were banking with Ithala. Therefore, all the Sassa beneficiaries who bank with Ithala will receive an account with FNB in the interim until the beneficiaries can provide Sassa with the details of their chosen bank. Sassa said they are not promoting FNB as the bank for choice for grant beneficiaries.
FNB has communicated with Sassa beneficiaries to activate the opened accounts and collect bank cards from their nearest branch from January 28 to February 4, 2025
Accounts Fnb Department Of Social Development Children's Grants South African Reserve Bank Ithala Basa Prudential Authority Pa Pietermaritzburg High Court Banking Association Of South Africa National Treasury
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