Standard Bank has started constructing in-store branches in select Pick n Pay stores as part of a new partnership between the two companies.
Pick n Pay stated that the branches will initially be available in select stores across the Western Cape and Gauteng.
A number of services will be offered including assistance required with PIN’s, bank confirmation letters, account activations, debit order disputes and limits management among others.
The in-store branch will also provide space for consultation, as well as more private area behind a slatted screen for in-depth consultations. These branches will be manned by personnel from Standard Bank.
Standard Bank has already opened its first in-house 6m² branch at Pick n Pay’s Richmond store in the Western Cape. Customers will enjoy the benefit of services beyond traditional banking hours with Standard Bank in-store branches operating according to Pick n Pay trading hours.
Standard Bank said that the move into Pick n Pay stores is part of the commitment to ensure that all South Africans have access to quality financial services and to bank where they shop.
Sources: Business Tech
