011-568 2963/ 4

customerservice@dola.co.za
www.dola.co.za

Loan agreement: Debit order mandate

Full name(s) Payee/Account holder: Joseph Maseko

Name of bank: TymeBank

Branch: 678910

Account no.: 51077218514

Type of account: CURRENT

Amount: R 1 276.98

Date of debit: 2023-06-05

I hereby request and grant permission to Dola Money (Pty) Ltd (hereafter referred to as “Dola Money”),
its successors in title or assigns, to withdraw funds from my abovementioned account into its account,
subject to the following conditions:

· I hereby grant permission to Dola Money to levy debits against my above-mentioned account
(or any other bank, or branch office of a bank to which the account may be transferred) ("the debit
account") in respect of all amounts which are due and payable by me to Dola Money arising from
my present and future obligations in terms of the loan agreement entered into by me.
· I hereby grant permission to my above-named bank to accept all debits levied by Dola Money
in terms of this authorisation and to debit the debit account and to regard such debits as if given
and signed by me personally and any such withdrawals shall have the same effect as if I/we
personally made them.
· I hereby grant permission to Dola Money to give notice to the above-named bank of the
agreement(s) referred to in (a) above, on my behalf, which notice is to be regarded as if having
been given by me personally.
· Should the day on which payment is due fall on a Saturday, Sunday or public holiday, then
payment will take place on the business day immediately preceding the Saturday, Sunday or public
holiday concerned. This debit order mandate will not be regarded as a substitution, an alteration or
renewal of my obligation arising from the preceding business day.
· I understand that no voucher will be issued to me, but details of such withdrawal will be printed
on my bank statement or document accompanying my bank statement.
· I undertake to pay any costs, including bank charges, which may result from this debit order
mandate.
· This debit order mandate will remain in force for the subsistence of the loan agreement
despite any transfer of the debit account to any other branch.
· I hereby indemnify Dola Money against all costs, charges, expenses, losses and damages
which may be suffered as a result of my bank acting in accordance with this debit order mandate
and against any claim by any party arising from the performance or non-performance, as the case
may be, in terms of this debit order mandate.
· I hereby indemnify Dola Money against any interest, costs or losses and/or other damages
that may be suffered/incurred arising from refusal by me or our above-named bank to accept a
debit levied in terms of this debit order mandate.
· I also indemnify Dola Money against any losses and/or damages that may be suffered as a
result of the execution of this debit order mandate.

PostNet Suite #1135 · Private Bag X153 · Bryanston · 2021

675 Cedar Avenue West · Saranton Estate unit 678 · Maroeldal · 2191
 011-568 2963/ 4
customerservice@dola.co.za
www.dola.co.za

· I shall be responsible for ensuring that the debit account nominated for deduction in terms of
debit order mandate shall not be closed or inaccessible for any reason.
· I consent that the debit order amount initially stated may be reduced/increased from time to
time and Dola Money may amend the amount debited against the debit account accordingly.
· When a deduction is requested from the debit account and there are insufficient funds
available, I hereby agree that Dola Money may collect the due amount and partial amounts from
the debit account on any other date that Dola Money may deem necessary, alternatively, Dola
Money shall be entitled to continue requesting such deduction each and every day after the date on
which the deduction was originally requested, until the full instalment has been collected, in partial
deductions or otherwise.
· I hereby grant permission to Dola Money immediately to initiate a one-time debit to the debit
account specified in respect of all amounts owing to Dola Money by me, if I exercise my right to
cancel the Agreement in terms of the Electronic Communications Transactions Act 25 of 2002.

Signature of Debtor

You have electronically signed the mandate on 2023-05-24.

Joseph Maseko

Regards

___________________

Corne Beukes

CEO

PostNet Suite #1135 · Private Bag X153 · Bryanston · 2021

675 Cedar Avenue West · Saranton Estate unit 678 · Maroeldal · 2191