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] Schuzelle van Wyk |
what_limitations_does_the_eft_debit_order_have [2017/07/20 11:55] (current) Schuzelle van Wyk |
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| EFT Debits may be processed against current, certain savings and transmission accounts. | EFT Debits may be processed against current, certain savings and transmission accounts. | ||
| - | EFT Debits to bond and subscription share accounts are not allowed. A maximum value limit of R500 000 per transaction is in place. | + | EFT Debits to bond and subscription share accounts are not allowed. A maximum value limit of R500,000 per transaction is in place. |
| The splitting of transactions to avoid the limit restrictions is not permitted. | The splitting of transactions to avoid the limit restrictions is not permitted. | ||
| Transactions greater or equal to R500,000 Rand will not be permitted and will be homed backed with reason exceeds industry imposed limits. | 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: 2017/07/20 11:55 by Schuzelle van Wyk
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