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Home Who holds the bank account into which the payments are made?

Who holds the bank account into which the payments are made?

by Admin

United African Stokvel is the owner of the Nedbank Trust Account and Nedbank Cheque Account. All Savings are deposited into the Trust Account. United African Stokvel can only action or have access to the bank account according to the mandate of the United African Stokvel and the instructions given on its platform. Please note, that any monies paid out of United African Stokvels Trust Account have to be authorized by the Director, Treasurer and Secretary together.

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