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what_happens_when_combining_transactions

What happens when combining transactions?

Users must not combine credits, as beneficiaries are unable to identify these transactions.

If a customer has two or more accounts or policies etc, the user may combine debit items into a single transaction provided:

  • The Customer agrees to the combining of transactions in the mandate given
  • The combined value must not exceed the relevant item limits set
  • In the case of premium collections, ceded policies may be combined with other policies, provided the combined entry still indicates the cession by means of an asterisk (*).
  • The references used must reflect as per the mandate.
what_happens_when_combining_transactions.txt · Last modified: 2017/08/31 14:16 by Schuzelle Smit