Debit Order Mandate
This signed Authority and Mandate refers to the agreement: I, rtyrtyrty, hereby authorise Xpello to issue and deliver payment instructions to its Banker for collection against my/our above-mentioned account at my/our above-mentioned Bank (or any other bank or branch to which I/we may transfer my/our account) on condition that the sum of such payment instructions will never exceed my/our obligations as agreed to in the Agreement, and commencing on the date the application has been approved and continuing until this Authority and Mandate is terminated by me/us, by giving you notice in writing of not less than 20 ordinary working days, and sent by prepaid registered post or delivered to your address as indicated above.
The individual payment instructions so authorised to be issued must be issued and delivered monthly. In the event that the payment day falls on a Sunday, or recognised South African public holiday, the payment day will automatically be the preceding ordinary business day.
I / We understand that the withdrawals hereby authorised will be processed through a computerised system provided by the South African Banks, and I also understand that details of each withdrawal will be printed on my bank statement. Each transaction will contain a number, which must be included in the said payment instruction and if provided to you, should enable you to identify the Agreement. A payment reference is added to this form before the issuing of any payment instruction.
Payment Instructions due in December may be debited against my account on the 31st