How to Change R350 SRD Payment Method

More than 10 million people are currently benefiting from the Social Relief of Distress (SRD) grant, however not every beneficiary has been paid.

The South African Social Security Agency (Sassa) is calling on grant beneficiaries to change their payment method. This is due to issues related to the cash send payment option.

Sassa explained, ‘The cash send opinion is not yet available, as it is offered by the banks and Sassa is still finalising contracting with the banks.’

In order to access your SRD grant money, Sassa advises clients to choose to collect their money at the post office or have the money paid into their bank account.

Here’s How To Change Your SRD grant payment method

  1. Go to srd.sassa.gov.za
  2. Scroll to ‘How do I change my banking details’
  3. Submit your ID Number
  4. An SMS containing a secure link, unique to you, will be sent to the mobile phone number with which you registered during application
  5. Click on the link in the SMS
  6. Follow the instructions carefully

It’s important to note that Sassa will not pay your grant money into another person’s banking account.This means you must provide your own personal bank account details.

Sassa spokesperson Paseka Letsatsi says the number of outstanding payments have been reduced to around 110 000 unpaid clients.

He adds that Sassa is very close to an agreement with the banks to ensure that those people who chose the Cash Send option receive all the money that is due to them.

“We just want to reconfirm if I have to make this point that even if March has to come and we have to shut down, we will never close down until the last person is paid the last cent”, declared Letsatsi.

The SRD grant is scheduled to come to an end in March 2022.

Related Posts:

1. Sassa R350 SRD Grant PAYMENT dates for April 

2. Will the R350 SRD Grant Made Permanent?

3. How to Check R350 Grant Application status online