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Can a debit order be set up with my bank?

Unfortunately, we can't run a debit order against all banks.

The banks we can run debit orders against are listed below. 

Bank NameUniversal Bank branch code
ABSA Bank632005
African Bank430000
Albaraka Bank800000
Bank WindhoekVarious
Bank Zero888000
Bidvest BankVarious
BNP Paribas688000
Capitec Bank470010
Discovery Bank679000
Finbond Mutual Bank589000
Finbond EPE Bank591000
FNB South Africa250655
FNB Namibia282672
FNB Swaziland287364
FNB Lesotho280061
Grindrod Bank584000
Grobank Limited (formerly Bank of Athens)410105
Habib Overseas BankVarious
HBZ BankVarious
HSBC Bank587000
Investec Bank580105
Ithala Bank (ABSA)Various
JP Morgan Chase Bank432000
Meeg Bank (ABSA)Various
Mercantile Bank450105
Nedbank South Africa198765
Nedbank LesothoVarious
Nedbank NamibiaVarious
Nedbank SwazilandVarious
Nedbank Incorporating FBCVarious
Nedbank Limited (incorporated Peoples Bank)198765
Olympus Mobile (VBS Mutual Bank)585001
Post Bank a Division of S.A. Post Office460005
SASFIN Bank683000
Societé General351005
South African Bank of Athens410105
South African Reserve BankVarious
Standard Bank of South Africa51001
Standard Bank Namibia87373
Standard Bank SwazilandVarious
Standard Bank LesothoVarious
Standard Chartered BankVarious
State Bank of India801000
Tyme Digital678910
U Bank LimitedVarious
VBS Mutual Bank588000

Electronic verification

We can electronically verify accounts belonging to the 9 (nine) banks highlighted in green above. 

Manual verification

Unfortunately, the rest of the banks (not highlighted in green), require 'manual' verification (ie. documentary evidence).

In order to have them verified so that you can make use of our debit order (and recurring investment) functionality, or withdraw funds, you need to create a ticket with a recent (no older than 3 months old) certified copy of a bank statement for your account or a formal bank account confirmation letter (no older than 3 months old) so our client engagement team can verify the account for you.

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