A 260km trip to the bank: here’s how hard Standard Bank’s branch closures will hit the Northern Cape, Free State, and other provinces

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A 260km trip to the bank: here’s how hard Standard Bank’s branch closures will hit the Northern Cape, Free State, and other provinces | BISouthAfrica

, will be hardest hit by the Standard Bank closing down a long list of its branches throughout South Africa. For them to get to a bank branch – any bank branch – now means a round trip just shy of 260 kilometres to Laingsburg.

For Jagersfontein in the Free State things are a little better: although the nearest Standard Bank is now 113 kilometres away in Bloemfontein, both First National Bank and Absa maintain branches in the tiny agricultural town of Trompsburg, which is only 52 kilometres away. As long as they switch banks, those in Jagersfontein can be at a bank teller after only 40 minutes of travel.

From Bochum in Limpopo, where a Standard Bank has been formerised, the closest branch now is in Polokwane, some 85 kilometres away.

 

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BISouthAfrica An opportunity for CapitecBankSA to be in full control

BISouthAfrica It would be inconsiderate of this Bank to do this.

BISouthAfrica Join other banks

BISouthAfrica That is if you assume people will stay with Standard Bank.

BISouthAfrica Which bank has the most branches, if this is how Standard Bank is seeing the future of South Africa, I want to move to a bank that DOES have branches in small towns. A bank that does understand the farming community and definitely a bank that doesn't aid unemployment.

BISouthAfrica News alert for Northern Cape! Change banks !

BISouthAfrica Just close your account and move to another bank that won’t inconvenience you. They think they are so clever.

BISouthAfrica MichaelJordaan what is cash for again?

BISouthAfrica Evolution of the banking industry. More will follow Standards example.

BISouthAfrica Uhm who still goes into a branch?

BISouthAfrica they must try tymebank, no branches needed

BISouthAfrica Change banks to the one closer to home. Simple

BISouthAfrica why do you need to go to the bank anyway? My house is 400km a public phone but not really an issue for me

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