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Please note that Mercantile Rental Finance has implemented the following changes to its Debit Payment Instruction
System with effect from 1 November 2016:
We advise that in line with the mandate to represent the payment instruction “as soon as funds are available in the
account”, the utilization of the tracking facility as provided for in the Early Debit Order System, at no added cost to
yourself, has been implemented which allows the bank to track the availability of funds and to represent the debit
order once funds are identified as being available if previous submissions have been unsuccessful.
As of 1 April 2023, Mercantile Bank will be replaced with "Capitec Business" when making payments across all banks. Bank account
number and branch code will not change. For more info, call us on 031 303 2292