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what_limitations_does_the_eft_debit_order_have

What limitations does the EFT debit order have?

EFT Debits may be processed against current, certain savings and transmission accounts.

EFT Debits to bond and subscription share accounts are not allowed. A maximum value limit of R500 000 per transaction is in place.

The splitting of transactions to avoid the limit restrictions is not permitted.

Transactions greater or equal to R500, 000 Rand will not be permitted and will be homed backed with reason exceeds industry imposed limits.

what_limitations_does_the_eft_debit_order_have.txt · Last modified: 2015/09/30 09:47 by Jaco van Wyk