Post Office to stop cash payments of social grants

Grant recipients will no longer be able to withdraw cash from Post Offices, Postbank and South African Social Security Agency (Sassa) announced.

Postbank and Sassa said in a statement on Monday that they would phase out all physical cash payment points (CPPs), including the cash withdrawal of grants within Post Offices. The process will start in January next year and end on 31 March 2024.

The announcement was initially made in 2018 and forms part of a strategy to decrease cash-in-transit heists, unfavourable conditions at CPP sites, as well as capacity challenges faced at the Post Office.