SARB Mandate

Fiona122
Level 1
St Lucia, South Africa

SARB Mandate

We are CIPC registered as a PTY Ltd,  but the SARB mandate only gives me options of

- Financial Company

- Non Financial

- Government Entity

- Partnership, Trust or Sole Proprietors

 

What am I supposed to select??

3 Replies 3
Tjaart0
Level 1
Stellenbosch, South Africa

@Fiona122  did Shelley's advice work?

I tried partnership, trust, sole proprietors the last few times, but it failed. It also looks like the information that Airbnb submitted was that I have an individual account. Until now I have been unsuccessful in setting that straight, so my payouts are currently blocked.

Fiona122
Level 1
St Lucia, South Africa

Hi @Tjaart0 

When my Mandate was unsuccessful, I logged a querie on the bottom of the Mandate page, with the mandate reference number.  SARB came back to me a few days later and gave me the correct info to fill in.

 

Recipient type: Entity

and Non Financial

 

Hope this helps.  But you need to log a query, so that they can resubmit your Mandate.

 

Fiona

 

 

Shelley159
Top Contributor
Stellenbosch, South Africa

For people reading this, please also scroll down to Fiona's comment below.

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