what_limitations_does_the_naedo_debit_order_have
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what_limitations_does_the_naedo_debit_order_have [2015/09/30 10:52] Schuzelle van Wyk |
what_limitations_does_the_naedo_debit_order_have [2018/08/30 13:57] (current) Schuzelle van Wyk |
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| Debits may be processed against current, certain savings and transmission accounts. Debits to bond and subscription share accounts are not allowed. | 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 R15,000 per transaction is in place. The splitting of transactions to avoid the limit restrictions is not permitted. | + | 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 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. | All NAEDO payment instructions submitted must have reached their respective mandated action dates. | ||
what_limitations_does_the_naedo_debit_order_have.txt · Last modified: 2018/08/30 13:57 by Schuzelle van Wyk
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