what-are-the-minimum-requirements-for-an-electronic-mandate
What are the minimum requirements for an electronic mandate? |
When users’ sign-up new customers the following minimum requirements must be applied for electronic mandates: |
Account Number |
Type of account |
Branch number |
Frequency of debit |
Abbreviated name on client’s bank statement |
Contract reference |
Action date |
Start and termination date |
Beneficiary name |
Beneficiary contact details |
Amount – Escalation of amount, variable amounts and maximum limits |
Electronic signature of account holder |
IP Address and location coordinates of each mandate |
what-are-the-minimum-requirements-for-an-electronic-mandate.txt · Last modified: 2020/06/05 13:04 by Schuzelle van Wyk