In a statement issued late last year, the South African Reserve Bank informed the public that, “the issuing and the acceptance/collection of cheques will cease, effective from 31 December 2020.” At the time, most banks had already begun phasing out this form of payment, with clients making use of cheaper, more convenient electronic payment methods.
Electronic images of cheques issued prior to 31 December 2020 will still be made available to consumers.
While many millions of South Africans have limited access to cellphones and the internet, and the cost of data is a very real consideration, most areas of the country have ATMs and alternative payment points enabling access to electronic methods of payment.
Anyone needing assistance with electronic payment options or information regarding the discontinuation of cheques is encouraged to approach their bank directly.
I would like to say a big thank you to the entire team at Snymans Inc for providing such exceptional service with the sale of my property. I would most definitely recommend your company to others.
- Lucy Snyman
Thank you so much to Chloe for all the hard work done and the professional service you give my clients.
- Michele le Roux
Thank you team Snymans, you guys were excellent. Many thanks to Stacey and the whole team involved. Most appreciated!
- Loretta & Brian
We would like to express our heartfelt appreciation of the welcoming, excellent and professional service we have received from your whole team. We definitely know where to turn for our future business and transfers.