June 24, 2016

DEBIT ORDER

Bank debit order instruction
Kindly PRINT, Complete and email to   accounts@153.co.za  !!
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…………………………………………………………………………………………………………………….                153-mobile-logo

153 Deconstructed Trading (Pty) Ltd
2 Umhlanga Terraces, Umhlanga Rocks.
Tel: 031 7017557 Mobile: 0839631238
Reg Number: 2014/258267/07
Abbreviated Name as registered with bank: 153 DECON
Dear Sirs/Madams
The details of my/our account are as follows:
BANK : ________________________ ACCOUNT NO. : _____________________________
BRANCH NAME: ________________________ NAME APPEARING ON THE ACCOUNT: _____________________________
BRANCH CODE: ________________________ TYPE OF ACCOUNT: (savings/Cheque) _____________________________
This signed Authority and Mandate refers to our contract as dated as on signature hereof (“the Agreement”). I / We hereby authorize you to issue and deliver payment instructions to the bank 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 commencement date and continuing until this Authority and Mandate is terminated by me / us by giving you notice in writing of no less than 20 ordinary working days, and sent by prepaid registered post or delivered to your address indicated above.
The individual payment instructions so authorised to be issued must be issued and delivered as follows;
On the 1st day (“payment day”) of each and every month commencing on the 1st of the month after the date this document is signed. In the event that the payment day falls on a Saturday, Sunday or recognized South African public holiday, the payment day will automatically be the very next ordinary business day. Further, if there are insufficient funds in the nominated account to meet the obligation, you are entitled to track my account and re-present the instruction for payment as soon as sufficient funds are available in my account;
Monthly; on or after the dates when the obligation in terms of the Agreement is due and the amount of each individual payment instruction may not be more or less that the obligation due;
I / We understand that the withdrawals hereby authorised will be processed through a computerized 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. I / We shall not be entitled to any refund of amounts which you have withdrawn while this authority was in force, if such amounts were legally owing to you.
MANDATE
I / We acknowledge that all payment instructions issued by you shall be treated by my/our above mentioned bank as if the
instructions had been issued by me/us personally.The amount to debit is R  _______________ per month.
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 shall not be entitled to any refund of amounts which you have withdrawn while this authority was in force, if such amounts were legally owing to you.
ASSIGNMENT
I / We acknowledge that this Authority may be ceded to or assigned to a third party if the agreement is also ceded or assigned to that third party, but in the absence of such assignment of the Agreement, this Authority and Mandate cannot be assigned to any third party.
Signed at ________________________ on this _________ day of __________________ 201__

Signature as recognised by your Bank.  _________________________

FOR OFFICE USE AGREEMENT REFERENCE NUMBER: ____________

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