what-limitations-does-the-eft-debit-order-have
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what-limitations-does-the-eft-debit-order-have [2017/07/20 11:55] |
what-limitations-does-the-eft-debit-order-have [2020/06/05 12:40] Schuzelle van Wyk created |
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| + | ====== What limitations does the EFT debit order have? ====== | ||
| + | EFT Debits may be processed against current, certain savings and transmission accounts. | ||
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| + | EFT Debits to bond and subscription share accounts are not allowed. A maximum value limit of R500,000 per transaction is in place. | ||
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| + | The splitting of transactions to avoid the limit restrictions is not permitted. | ||
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| + | 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 ยท Last modified: 2020/06/05 12:40 by Schuzelle van Wyk
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