Banks on way to recovery, next is rebuilding business

To assist social grant recipients who live in areas where automatic teller machines (ATMs) and bank branches have been damaged in the recent riots, customers will be able to use any ATM, including those not operated by their own bank, without incurring additional charges, from August 1 to September 30. The Banking Association South Africa (Basa) says the damage done to banks in KwaZulu-Natal and parts of Gauteng are steadily being repaired, but, in the meantime, it encourages customers who can do so to use digital banking services.

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