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what-limitations-does-the-naedo-debit-order-have [2020/06/05 12:47] (current)
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.
 +A maximum value limit of R30,000 per transaction is in place. The splitting of transactions to avoid the limit restrictions is not permitted.
 +All NAEDO system instructions must be uniquely identifiable by the Agreement Reference and payment cycle.
 +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