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VBS depositors urged to claim the balances by June 2021

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In 2018 Finance Minister placed VBS bank under curatorship and at a later stage it was announced that by SARS that that qualifying retail depositors could access their deposits at any Nedbank branch.

Last week Thursday the liquidator and the South African Reserve Bank announced that depositors have until July 2021 to claim their investments.

Mpho Mashita and DJ Complexion talked to SARB Head of Financial Conglomerate Supervision, Denzel Bostander about this issue.
2 Nov 2020 English South Africa Business · Arts

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