# The Financial Sector Conduct Authority says South Africa has about 89-billion-rand in unclaimed benefits. Standard Bank has announced it reimbursed 100-million-rand to thousands of South Africans in the past year, many unaware they were owed funds. Partnering with tracing firm Reunyte, the bank’s app-based system helps customers claim benefits easily, mostly unpaid pensions. Head of Digital and E-commerce Belinda Rathogwa says the milestone restores trust and provides life-changing relief to beneficiaries.
Standard Bank returns R100-million in unclaimed benefits to South Africans