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what_must_an_eft_debit_order_mandate_contain

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what_must_an_eft_debit_order_mandate_contain [2019/03/08 10:10]
Schuzelle van Wyk
what_must_an_eft_debit_order_mandate_contain [2019/03/08 11:51] (current)
Kyle Liebenberg
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 |Variable amounts| ​ |Variable amounts| ​
  
 +|< 100% >|
 ^2. Inform the customer of the specific points as stipulated on the specimen form.^ ^2. Inform the customer of the specific points as stipulated on the specimen form.^
  
 +|< 100% >|
 ^3. Identify and indicate the Agreement from where the amounts payable will be calculated:​^ ^3. Identify and indicate the Agreement from where the amounts payable will be calculated:​^
 |indicate the payment cycle for payment| |indicate the payment cycle for payment|
Line 49: Line 51:
 |indicate that the amounts payable will be paid, using payment instructions collectable from available funds held by the account holder’s bank in the form of a monetary claim in the account of the account holder| |indicate that the amounts payable will be paid, using payment instructions collectable from available funds held by the account holder’s bank in the form of a monetary claim in the account of the account holder|
  
 +|< 100% >|
 ^4. Obtain authority to debit.^ ^4. Obtain authority to debit.^
  
 +|< 100% >|
 ^5. A copy of the signed mandate must be provided to the account holder prior to any debit being processed to the account of the account holder in terms of the mandate.^ ^5. A copy of the signed mandate must be provided to the account holder prior to any debit being processed to the account of the account holder in terms of the mandate.^
    
what_must_an_eft_debit_order_mandate_contain.txt · Last modified: 2019/03/08 11:51 by Kyle Liebenberg