Professional Documents
Culture Documents
24 August 2021
Please note that you have provided the following debit order authorisation in terms of your personal loan account:
BENEFICIARY TO BE PAID
108 De Waal Road, Diep River, 7800. PO Box 44319, Claremont, 7735
DirectAxis is a business unit of FirstRand Bank Limited, an Authorised Financial Services and Credit Provider (NCRCP20).
Member of the Direct Marketing Association of Southern Africa.
Find us online DirectAxisSA @DirectAxis SP_RLET117
Tracking allowed – we may track your bank account for YES
10 days and deduct the payment due once funds are
available in your account
Date Adjustment Indicator – the collection date may YES
change as agreed with you
Contract Reference Number – your Bank will confirm this with you once you have approved your
DebiCheck mandate.
Maximum Collection Amount – this could be up to 1.5 times your instalment amount and is applicable if
you change the terms of your credit agreement which increases your instalment, or if we need to collect
on arrears
Adjustment Category – when we may adjust the Never
maximum collection amount
Debit Value Type – fixed, variable or usage based
mandate
This debit order authorisation allows your bank to pay the instalment from your account to the beneficiary named as
agreed with you. This authorisation also allows the beneficiary to use various types of debit orders. Your bank could
send you a message called a “DebiCheck mandate” which you should approve. If you do not, we can still use the other
types of debit orders available to us because of the above authorisation that you agreed to.
Please note that all other terms of your original loan agreement or any addendums thereto remain unaffected by this
change. If your account is in arrears, this debit order authorisation may be in addition to any contractual debit order
already being charged to your bank account in terms of a previous authorisation that you have provided
Kind Regards
108 De Waal Road, Diep River, 7800. PO Box 44319, Claremont, 7735
DirectAxis is a business unit of FirstRand Bank Limited, an Authorised Financial Services and Credit Provider (NCRCP20).
Member of the Direct Marketing Association of Southern Africa.
Find us online DirectAxisSA @DirectAxis SP_RLET117