Zoluhle Financial Wellness: Electronic Debit Order Agreement

Electronic debit order mandate.

Package*
Authority given by:
Name*
First Last
Address*
Street Address Address Line 2 City State / Province / Region ZIP / Postal Code Country
Email Address*
Contact Number*
Bank account details:
Account Holder*
Bank*
Branch Code*
Account Number*
Account Type*
Agreement:
Contract Reference*
Contract Amount*
I/we agree that the first payment instruction will be issued and delivered on:
Start Date*
Date Format: DD slash MM slash YYYY
and thereafter regularly on the:
Debit Day*
Terms of agreement
Abbreviated short name as registered with the acquiring bank: ZOLUHLE Refer to our contract reference number (“the Contract Reference Number”). I/We hereby authorise Zoluhle (Pty) Ltd to issue and deliver payment instructions to your banker for collection against my/our abovementioned account at my/our abovementioned bank on condition that the sum of such payment instructions will not differ from my/our obligations as agreed to in the Contract Reference Number. The individual payment instructions so authorised must be issued and delivered on the date when the obligation in terms of the Agreement is due and the amount of each individual payment instruction may not differ as agreed to in terms of the Agreement. I/We agree that the first payment instruction will be issued and delivered on the "Start Date" and thereafter regularly on the "Action Day" of each month. If however, the date of the payment instruction falls on a non-processing day (weekend or public holiday) I agree that the payment instruction may be debited against my account on the following business day; or subsequent payment instructions will continue to be delivered in terms of this authority until the obligations in terms of the Agreement have been paid or until this authority is canceled by me/us by giving you notice in writing of not less than the interval (as indicated in the previous clause) and sent by prepaid registered post or delivered to your address indicated above. I/We allow for tracking of dates to match with the flow of credit at no additional cost to myself. I/We authorise the originator to make use of the tracking facility as provided for in the EDO system at no additional cost to myself. Subsequent payment instructions will continue to be delivered in terms of this authority until the obligations in terms of the Agreement have been paid. This authority may be cancelled by me/us by giving you notice via the cancellation request. A monthly invoice and/or statement of account clearly reflecting the amount and date of the payment instruction to be delivered shall be provided to the customer. Mandate I/We acknowledge that all payment instructions issued by you shall be treated by my/our abovementioned bank as if the instructions had been issued by me/us personally. Cancellation I/We agree that although this authority and mandate may be cancelled by me/us, such cancellation will not cancel the Agreement. I/we also understand that I/we cannot reclaim amounts, which have been withdrawn from my/our account (paid) in terms of this authority and mandate if such amounts were legally owing to you. Assignment I/We acknowledge that this authority may be ceded or assigned to a third party if the Agreement is also ceded or assigned to that third party.
Signature*
Signature verified by Bank
Source

E-Mandate

Electronic debit order mandates for your business.

(DD) #** ZL001 – Zoluhle Financial Wellness

Authority given by:

Bank account details:

Agreement: