Postbank says all Sassa beneficiaries receiving grants through Postbank’s black and gold cards will continue to receive their grant payments without any interruption.

It says reports circulating in the media that the master services agreement is expiring are unfortunate and not necessarily valid. The bank says that the cards are an indication that beneficiaries have accounts with it.

Postbank Chief Commercial Officer, Thami Cele, says the beneficiaries will always receive their payments securely and timeously through their existing Postbank cards.

“We’ll leave no beneficiary behind in any way. Our grant payments will always be in line with the Sassa grant payments, and they will always be paid on time, without any delays. Please, do not listen to the noises that may create distraction. We urge the beneficiaries that they do not have to change their banking details or a method of payment,” says Cele.