Bank call centres, ATMs and POS devices will be operational during the lockdown

DURBAN – South African banks strongly support the decisive leadership of President Cyril Ramaphosa and his government in the effort to protect lives and slow the spread of Covid-19. 

At the request of the Banking Association of South Africa, the Minister of Trade, Industry and Competition published Government Gazette Notice 11058, which allowed banks to have a collective discussion on how to strengthen their response to the Covid-19 pandemic.

Banks have been declared an essential service during the 21 day lockdown in terms of the regulations issued to give effect to the declaration of a State of National Disaster. 

BASA members have agreed to do all in their power, while operating within the relevant regulatory frameworks, to responsibly support their customers and preserve the safety and soundness of our financial system.

According to BASA:

Source: iol.co.za