How to Transfer Money from a SASSA Card to a Capitec Bank Account

Transferring funds from your SASSA card to a Capitec Bank account is a convenient option for beneficiaries who prefer to manage their grant payments through Capitec’s banking services. Capitec Bank is known for its user-friendly features, including no fees for handling SASSA grants and uniform charges for withdrawals across various ATMs. Here’s how to streamline your grant payments by transferring funds to a Capitec account.

Step-by-Step Guide to Transferring Your SASSA Grant to Capitec

1. Preparation:
   • Ensure your personal account is with Capitec Bank to facilitate the transfer. SASSA officials require beneficiaries to use personal accounts for grant payments.
2. Visit Your Local Capitec Branch:
   • To initiate the transfer, you’ll need to visit your nearest Capitec Bank branch.
3. Fill Out the Bank Payment Request Form:
   • At Capitec, request a bank payment form specifically for SASSA payments.
   • Start by entering your personal details on the form.
4. Submit the Form for Processing:
   • Once completed, hand the form to a Capitec Bank representative who will finalize the details and stamp the form.
5. Visit the SASSA Office:
   • Take the stamped form to your nearest SASSA office.
   • At the SASSA office, submit the form along with any required documentation and provide your fingerprint for verification.
6. Completion and Confirmation:
   • After processing, you’ll receive confirmation that your Capitec account is now linked to receive your SASSA payments. You can then use your Capitec ATM card for withdrawals or direct purchases, simplifying your financial management. You can also manage your grant via SASSA Service Portal

Additional Information

• Transfer Limits: The standard transfer limit is R1000.
• Withdrawal Fees: There is no fee charged for SASSA grant withdrawals.
• Security Measures: If you need to reset your PIN, Capitec charges a nominal fee of R10.

By following these steps, you can efficiently manage your SASSA grants through your Capitec account, benefiting from the convenience and security offered by one of South Africa’s leading banks.