Learn More About DebiCheck – Capitec Flow Chart
In the weeks and months ahead we are going to be focusing in on changes that happen to the way money is debited from your bank account. This might be money for your debt review payment or for your car insurance. A new confirmation system for debits on your account is coming into effect called DebiCheck.
To help you avoid getting scammed or confused and have you not allow debits to be set up and go off we will be sharing a regular dose of DebiCheck news. Here is a helpful flow chart from Capitec Bank that helps explain how the system will work. In particular, keep an eye out for steps 4 & 5: