All debit orders run on the 1st of the month (provided that it is not a Sunday or Public holiday. If the 1st falls on a Sunday or public holiday then it would move to the next available day)
The debit order mandate form will either be read to you with a sales agent when signing up telephonically or available as a T&C that must be accepted when signing up online.
- Failure of a debit order request – Each customer will be subjected to paying an R50.00 debit order to bounce back fee. Cut off for debit order changes or submissions is 3 working days before the 1st business day of the new month.