New Banking Laws Effective June 15 – Changes to Transfers, Withdrawals, and Daily Limits Explained
Starting June 15, 2025, significant changes to South Africa’s banking regulations will affect how individuals and businesses conduct their daily financial transactions. These new banking laws, jointly issued by the South African Reserve Bank (SARB) and the Department of Finance, aim to strengthen financial transparency, reduce fraud, and streamline digital payments across the nation’s financial … Read more