Norraco has been facing allegations of corruption since 2023, we were told it has been reversed and we will no longer be using it. However, come 2024, we are being fed Norraco.

We also seeing the high prices which affect students, these prices are as follows 

• Monthly Account Fee R12
• ATM cash withdrawal R10 + R2.50 per R100

• ATM cash withdrawal other ATM) RIO + R250 per R100
• POS cash withdrawal R5 + R1.50 per R100

• POS SWipeS....R2 per R1000
• Card replacement fee R50
• Card replacement delivery fee R60
• EFT from another bank..R3.50
• PIN reset R6.50
• Declined ATM transaction..R8
 • Declined ATM transaction & swallowed card R1O
• Retail Cash Out Voucher R10.50
• Retail POS Purchase Voucher R3.50
• EFT out to another bank Pay & Clear) R10 + R2 per R100

all the above is unreasonable and too high a cost for a student. We demand the return of Intelli, and this petition is the first step to correct the blunder of Norraco.

A lot of students are still yet to receive their finances and this has become a headache. We want Norraco to fall. We as NMU reject it