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what-are-the-minimum-requirements-for-an-electronic-mandate [2019/03/08 11:57] |
what-are-the-minimum-requirements-for-an-electronic-mandate [2020/06/05 13:04] (current) Schuzelle van Wyk created |
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+ | ^What are the minimum requirements for an electronic mandate?^ | ||
+ | |< 100% >| | ||
+ | ^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| |