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what-happens-when-combining-transactions

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what-happens-when-combining-transactions [2017/08/31 14:16]
what-happens-when-combining-transactions [2020/06/05 12:43] (current)
Schuzelle van Wyk created
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 +====== 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.