How To Change Your Sassa Payment Method To TymeBank When it come to Changing sassa payment method Bank is the best option for many South African But When it come to choose which bank is the best to collect your payment TymeBank is the best.
Reasons to Choose TymeBank for Your SASSA Grant?
Before we dive into the process, let me share why I chose TymeBank:
- Easy Access: TymeBank offers simple, user-friendly banking.
- Low Fees: Their accounts often have lower fees than traditional banks.
- Digital-First: Perfect for managing your grant money online or via app.
Change SASSA payments to TymeBank
Switch SRD Payments to TymeBank Online
| Switch Banking Details to Tymebank |
|---|
| Navigate to: https://srd.sassa.gov.za/said, and select “How do I change my banking details.” |
| Input your ID, and after verifying, you will receive a link for Banking Details. |
| Here enter your TymeBank account information and submit. |
Convert SASSA bank from Office
Follow the steps to provide Tymebank information to SASSA:
- Visit the nearest kiosk located within TFG and Boxer stores.
- Before this, create an account on a designated website.
- Ensure that you are registered with SASSA.
- Download your bank account statement as proof from your Internet banking application and take it to your nearest SASSA office.
- Tell staff that you want to utilize your TymeBank banking details.
- They will provide you with the necessary forms and guide you on the appropriate steps to follow.
Tymebank SASSA GrantAdvance Payments
There is a service called GrantAdvance that TymeBank offers to its customers who have been approved of SASSA social grant in South Africa. This service by TymeBank allows you to withdraw up to R500 from your social grant before the actual grant payment date, which is between the 20th and 29th day of each month.
This service is only available to general grant recipients and not the SRD grant.
What are some of the features of the TymeBank’s GrantAdvance?
- Early Funds Access: You are able to get upto R500 from your social grant before the grant payment date. This allows you to use money for your immediate needs without having to wait.
- Once-off Withdrawal: The service is a one-time withdrawal based on the amount qualified for based on the type of grant.
- Interest-free: The payments that you receive are interest-free. This frees you from the burden associated with loans that require you to pay interest.
Eligibility For TymeBank’s GrantAdvance
To be eligible for TymeBank’s GrantAdvance service, these conditions have to be met
1. Grant Type: GrantAdvance is only applicable to general grant recipients and not Covid-19 SRD grant beneficiaries.
2. TymeBank Account: You must have opened an account with TymeBank
3. Account Status: Recipients must have a biometrically verified account in good standing with TymeBank.
4. Payment Switch: You will have to switch your payment method in order to receive your social grant payments through TymeBank. You will do this by opening a TymeBank EveryDay account, downloading a TymeBank proof of account letter or statement, and visiting their nearest SASSA office to change your banking details.
How to Apply For Tymebank Grant Advance
Want to access the TymeBank’s GrantAdvance services? Here is what you need to do
1. Register With SASSA: The first obvious thing is that you need to ensure that you have registered with SASSA and your grant application has been accepted. If your application is rejected you cannot use the TymeBank’s Grant Advice.
2. Open a TymeBank account: Go to your nearest Pick n Pay, Boxer, or TGF kiosk to open an account with TymeBank, or visit TymeBank’s website here https://www.tymebank.co.za/.
3. Download and print your statement: Download and print your statement as “proof of bank account” from the internet banking app.
4. Visit your nearest SASSA office Head over to your nearest SASSA office and speak to a consultant, informing them that you would like to use your TymeBank banking details.
5. Switch your social grant payments: Visit your nearest SASSA office to change your banking details to recieve your money though TymeBank.
The service can be used between the 20th and 29th day of each month, and it is a once-off withdrawal.
