FNB introduces non-cash-dispensing ATMs

mister

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Cash withdrawals are conducted by issuing the customer with a withdrawal voucher, which is presented to a retailer to release the cash.
So to withdraw cash I go to the ATM, get a withdrawal voucher, and then go to a shopping centre to get my money?

”We believe that the convenience of the new ATMs will alleviate the need for communities to visit major shopping centres to do their banking,” said van Zyl.
:confused: :confused: :confused:
 

RVQ

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So to withdraw cash I go to the ATM, get a withdrawal voucher, and then go to a shopping centre to get my money?



:confused: :confused: :confused:
Basically a terminal to pay accounts and purchase items that one would normally get done in store or at a branch. The cash withdrawal is there because they could and by not having cash in the machines it significantly reduces the risk. The terminal also promotes a cashless environment by paying and buying straight from your account as opposed to withdrawing first. What they also need is cost effective POS devices for small traders, similar to that device ABSA has that attaches to a phone...

I guess internet and cellphone banking isn't really taking off in the rurals.
 
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Ho3n3r

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Last month they closed the Waterval Boven FNB. Had to drive a mere 10KM to Machadodorp to visit that branch - convenient enough, I suppose.

The kicker is, to do that 10KM, you need to pay R83 toll fees - there and back - to visit the bank - so R166.

And then we had to get 6 months worth of printed bank statements @R13.50 per page.

I sure hope they can bring one of these to that town as well.
 

Hamster

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I saw a non-cash dispensing ATM in Montecasino. Very frustrating experience :(
 

Hamster

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Waterval Boven
Now there's a name I haven't heard in ages. Grew up on a farm between it and Nelspruit and went to Machadodorp Primary School. Waterval Boven is a borderline ghost town, no?
 

The_Librarian

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Last month they closed the Waterval Boven FNB. Had to drive a mere 10KM to Machadodorp to visit that branch - convenient enough, I suppose.

The kicker is, to do that 10KM, you need to pay R83 toll fees - there and back - to visit the bank - so R166.

And then we had to get 6 months worth of printed bank statements @R13.50 per page.

I sure hope they can bring one of these to that town as well.
Ouch, that sucks. No alternative route (dirt roads)?

Lovely part of the country there. Do they still break in through the roofs of houses?
 

Ho3n3r

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Now there's a name I haven't heard in ages. Grew up on a farm between it and Nelspruit and went to Machadodorp Primary School. Waterval Boven is a borderline ghost town, no?
It's no different than it always has been, really, and they were operating there for years. Just think it's a bit **** to force people now to pay R166 toll fees to do simple banking.

And no, my car is NOT suited for the Farrafontein road.

Which area was your farm? Close to Ngodwana? Stretch between Boven and Nelspruit is 86KM. :p
 

Ho3n3r

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Ouch, that sucks. No alternative route (dirt roads)?

Lovely part of the country there. Do they still break in through the roofs of houses?
There is a ****ty dirt road, to which my car is not suited at all (Farrafontein road). Don't wanna save R166 on toll roads and spend R8k on a new steering rack and shocks.

The break in through house roofs they do pretty much everywhere in SA, as far as I know - never heard of an area where it isn't a problem.
 

RVQ

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Last month they closed the Waterval Boven FNB. Had to drive a mere 10KM to Machadodorp to visit that branch - convenient enough, I suppose.

The kicker is, to do that 10KM, you need to pay R83 toll fees - there and back - to visit the bank - so R166.

And then we had to get 6 months worth of printed bank statements @R13.50 per page.

I sure hope they can bring one of these to that town as well.
FYI: You can get stamped bank statements from the ATM also...

Between Internet Banking, Courier Card Deliveries and ATM's you should never have to enter a branch again...
 
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The_Librarian

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Oooh, Ngodwana - lovely pong :sick:

Kaapschehoop road is also a lovely piece of country.

Prefer the Schoemanskloof road instead.
 

Ho3n3r

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FYI: You can get stamped bank statements from the ATM also...
It only allows 60 days at the local ATM. As stated above, we needed 6 months.

Oooh, Ngodwana - lovely pong :sick:

Kaapschehoop road is also a lovely piece of country.

Prefer the Schoemanskloof road instead.
It's only Sappi that stinks. Actually living in Ngodwana, I never recall smelling it in 10 years unless going to the Spar.

Schoemanskloof road is a nice alternative, but having always gone to Ngodwana, I never used it at all since it bypasses the town.
 

supersunbird

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Last month they closed the Waterval Boven FNB. Had to drive a mere 10KM to Machadodorp to visit that branch - convenient enough, I suppose.

The kicker is, to do that 10KM, you need to pay R83 toll fees - there and back - to visit the bank - so R166.

And then we had to get 6 months worth of printed bank statements @R13.50 per page.

I sure hope they can bring one of these to that town as well.
No other ATMs to use?

That's why I like Capitec and keep cash in there and swipe with my FNB, any ATM is a Capitec ATM (R8.50 per ATM withdrawal).
 

RVQ

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It only allows 60 days at the local ATM. As stated above, we needed 6 months.
Strange, I did get a 90 days statement from an ATM...

Maybe worth letting them know? Branches are going to disappear over the next few years and if 6 months is common (I'm guessing VISA application) as long as they make money they'll make it happen.
 

supersunbird

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To get a 6 month FNB bank statement? :wtf:
No, you'd need to get a 6 month Capitec bank statement from Capitec at Ngodwana Shopping Centre :p

That's the only spanner in the works and you mentioned it last, so of little importance right, thus the main issue is you had to drive far for an FNB ATM to draw cash from...
 
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