These banks will no longer have ATMs in South Africa
The digital shift continues in South Africa.
South African banks have been slowly shutting down their Automated Teller Machines (ATMs) nationwide.
READ: Top four South African banks closing ATMs
According to MyBroadband, Standard Bank, FNB, Absa, and Nedbank have reduced their ATM footprints by a combined 8,516 machines in the past five years.
Four of the country's biggest banks, Standard Bank, FNB, Absa, and Nedbank, are withdrawing their ATM services nationwide.
READ: Capitec shares insightful tips to avoid online scams
The only bank to continue increasing its ATM footprint is Capitec, which added 3,787 ATMs to its network during the period.
We believe that real service means showing up where it matters most: in the heart of communities, adding that its expansions will help serve more clients in their communities and languages.
Standard Bank has shut down the most ATMs to date.
READ: Well-known shop closes after 39 years in South Africa
According to a Discovery Bank and Visa SpendTrend25 report, 67% of participants said they use cash only a few times a month, if at all.
We are well on our way to a cashless society, so it's even more critical to practice digital safety to avoid being hacked.
READ: 10 things you should never put in an air fryer
https://www.jacarandafm.com/shows/drive/10-things-you-should-never-put-air-fryer/
On 11 August 2025, The Drive with Rob & Roz spoke to Tshiwela Mhlantla, Managing Executive for Integrated Channels at Absa Personal and Private Banking to get more clarity on the topic.
Will Absa be shutting down its ATMs nationwide?
Listen to the podcast on whether all major banks will be shutting down their ATMs in South Africa:
LISTEN: Absa Executive sheds light on closure of ATMs in South Africa
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