Permanent Bank has just introduced new touch screen PermAssist self-service
terminals at branches countrywide.
These 50 machines are in addition to the Automatic Teller Machines (ATMs)
already installed at Permanent Bank branches and elsewhere.
The idea is to alleviate congestion at ATM queues by encouraging people to
use ATMs mainly for cash deposits and withdrawals.
You cannot draw cash from a self-service terminal.
But you can obtain bank statements, pay accounts, transfer funds between
linked accounts, check account balances, change your Personal Identification
Number, order a new cheque book or view international exchange rates.
Banking charges for using self-service terminals are generally lower than
doing your banking inside the bank over the counter, and in some cases are
even cheaper than ATMs.
If you bank with Permanent Bank, you can also use any of Nedbank`s 280
self-service terminals around the country, at no additional charge. And vice
versa.
To make account payments at these terminals, you must first complete an
electronic banking application form and provide details of the accounts that
need to be linked.