How to Change Banking Details to TymeBank for R370 Payment?

TymeBank is the only bank that operates without any physical branches in South Africa. It is all based on online banking through an Android app. It also offers a free bank account to cut off the market of expensive banking systems. Due to the massive benefits, most of the SASSA beneficiaries move to TymeBank to get their SASSA grant payments. If you are one of those who want to know how to change banking details to TymeBank for the SRD R370 grant payment, then here is your guide. This is the only complete guide that you will get on the internet. I also switched from my old bank to TymeBank to receive the SASSA SRD payments. Here is the complete and step-by-step guide that I personally used to change my bank account from old to TymeBank on the SRD portal. Also, check out my developed SASSA status check tool that helps you to get the status of your grant application online. How to Change Banking Details to TymeBank for R370 Payment? TymeBank is a digital bank in South Africa. It has no physical branches. You can open an account using your phone or at a TymeBank kiosk. Many SASSA SRD R370 beneficiaries use TymeBank to receive their grant. It is free and easy to use. Follow these steps to change your banking details to TymeBank for the R370 payment: 1. Find Nearest TymeBank Kiosk Visit your nearest Pick n Pay or Boxer store. Look for the TymeBank kiosk inside the store. These kiosks help you open an account using your ID and phone number. 2. Create Your TymeBank Account At the kiosk, follow the steps on the screen. Insert your ID card and enter your phone number. Confirm the details. The system will create your account. 3. Obtain Your Bank Account Information After your account is ready, get your account number and account holder's name. You can also download the TymeBank app to access your bank details. 4. Visit the SRD Portal Go to the official SRD website: https://srd.sassa.gov.za. This is where you update your banking details. 5. Open the Option “Change Banking Details” Scroll down and click on the “Change Banking Details” option. This section is for people who want to receive the grant in a different bank account. 6. Enter Your Phone Number Type the phone number you used for the SRD application. You will receive an OTP (one-time password) on your phone. Enter the OTP to verify your identity. 7. Fill Out the Banking Details Form After verifying, the banking form will appear. Enter your new TymeBank account number, account type, and account holder name. 8. Submit the Details Double-check all the details. Make sure there are no errors. Click “Submit” to save your new banking information. After submission, SASSA will verify your TymeBank account. Once verified, your future payments will go to your TymeBank account. Get SRD Payment Through TymeBank If you are using TymeBank for the first time, follow these steps to receive your SRD payment: Download the TymeBank app from the Play Store. Sign in using your phone number and ID. Check your account balance after the payment date. You will get an SMS when the money is received. Use the TymeBank debit card at any ATM or store. You can also withdraw cash at Pick n Pay or Boxer using your card. You do not need to visit a bank branch. Everything is done online or at the store. Always keep your phone number active to receive SMS updates from TymeBank and SASSA. If your payment is delayed, wait 2–3 days or contact SASSA for help. Why Choose TymeBank for SASSA Payment? TymeBank is the best choice for receiving your SASSA SRD R370 grant. Here are the main reasons: Free Account Opening: You can open your account without any cost. No Monthly Fees: There are no monthly or yearly charges. No Hidden Charges: You only pay when you use specific services like ATM withdrawals. Free Debit Card (Mahala Card): You get a card at the kiosk or in-store for free. Biometric Verification: Use your fingerprint at kiosks to confirm identity. OTP Verification: Secure your account with a one-time password. GrandAdvance Feature: TymeBank gives you early access to your SASSA grant. You can borrow and pay back from your next payment. Easy Online Access: Use the app or website to manage your account. TymeBank makes it simple and safe to get your grant. You don’t need to visit any bank branch or fill out long forms. The entire process is fast and mobile-friendly. F.A.Q How long does it take for SASSA to approve new bank details? It usually takes 7 to 10 working days after you submit the new details. Can I use someone else’s TymeBank account? No, the account must be in your own name to receive the grant. What if I lost my phone number linked to SASSA? You must update your number on the SRD portal before changing bank details. Is the Mahala debit card really free? Yes, there is no charge for the first card issued by TymeBank. Can I get GrandAdvance on the first payment? No, GrandAdvance is available after at least one successful SASSA payment. What should I do if the payment does not arrive in TymeBank? Check your app for updates. If delayed, contact SASSA support directly.

📚 See Also

Ready to Check Your SASSA Status?

Free app — instant results, your ID is never stored.

🔥 Most Popular Guides