what-limitations-does-the-naedo-debit-order-have
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what-limitations-does-the-naedo-debit-order-have [2018/08/30 13:57] |
what-limitations-does-the-naedo-debit-order-have [2020/06/05 12:47] Schuzelle van Wyk created |
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| + | ====== What limitations does the NAEDO debit order have? ====== | ||
| + | Debits may be processed against current, certain savings and transmission accounts. Debits to bond and subscription share accounts are not allowed. | ||
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| + | A maximum value limit of R30,000 per transaction is in place. The splitting of transactions to avoid the limit restrictions is not permitted. | ||
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| + | All NAEDO system instructions must be uniquely identifiable by the Agreement Reference and payment cycle. | ||
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| + | All NAEDO payment instructions submitted must have reached their respective mandated action dates. | ||
what-limitations-does-the-naedo-debit-order-have.txt · Last modified: 2020/06/05 12:47 by Schuzelle van Wyk
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