FNB clients to get cash from tills

[gregmcc]

http://www.fin24.com/Companies/Finan...tills-20120720

First National Bank (FNB) customers will now be able to withdraw cash from retailers Pick n Pay Stores [JSE:PIK] and Shoprite Holdings [JSE:SHP], in an effort by the bank to stem foot traffic to branches and cut transaction costs, Business Day reported.

The facility is reportedly available to FNB gold and platinum cheque account holders, with a 90 cents fee compared to a R6 per R500 fee from ATMs.

Awesome!

[YingYang]

Hang on, what am I missing here? Is this something new?

[dualmeister]

I've seen people doing this before and assumed it was for everyone. But, in hind sight they were with ABSA. Good thing I didn't try it myself before today.

[blunomore]

The TRANSACTION cost is even less than Capitec, who charges R1.

[A Non Blonde]

Been doing this for years now, haven't used an ATM/bank walk-in withdrawal in forever - has this only been made available to FNB now?

[Park@82]

Been doing this with ABSA for quite some time now

[Sinbad]

Been doing this with ABSA for quite some time now

Actual cash withdrawals? Like money placed into your hand?

[A Non Blonde]

Actual cash withdrawals? Like money placed into your hand?

Yup, just add the amount of cash one wishes to draw to your shopping bill.

[JungleBoy]

The facility is reportedly available to FNB gold and platinum cheque account holders,

So this does not include the lower end with Smart Accounts (Cheque Savings) and Silver Cheque ?

[requiem]

The facility is reportedly available to FNB gold and platinum cheque account holders, with a 90 cents fee compared to a R6 per R500 fee from ATMs.

????????????????

Since when? - Cash withdrawals from an ATM (FNB) is free.

[Sinbad]

Yup, just add the amount of cash one wishes to draw to your shopping bill.

serious? I didn't know about this, and I worked there!

absa marketing fail

[Sinbad]

The facility is reportedly available to FNB gold and platinum cheque account holders, with a 90 cents fee compared to a R6 per R500 fee from ATMs.

????????????????

Since when? - Cash withdrawals from an ATM (FNB) is free.

Only your first few withdrawals per month on the electronic plan

[YingYang]

This article confuses the schitt out of me

I still can't see what's new here

[The_Librarian]

Been doing this with Wizzit for a long while now. So it's nothing new for me.

And it's safer than using an ATM.

Except when the shops are closed.

[blunomore]

serious? I didn't know about this, and I worked there!

absa marketing fail

You worked at PnP? Or ABSA?

For your sake, I hope it was PnP