FICA – Rapid Collect

FICA Documentation required at Application with Rapid Collect

The following FICA documentation is required, in order to be able to process debit orders on the National Payments System.

If trading as a Sole Proprietor

Verified/Certified copy of your last ID document
Verified/Certified copy of latest Telkom account
Verified/Certified bank letter confirming that the bank account belongs to your Sole Proprietor
Verified/Certified copy of 3 months bank statement – note no internet statements will be accepted.
Verified/Certified proof of residence for the Sole Proprietor
Verified/Certified co-habitant letter if the proof of residence supplied is not listed in your name
Verified/Certified proof of residence for the business
On your company letterhead a brief explanation of what your business does and how you want to use a debit order facility in your business

If trading as a Closed Corporation

Verified/Certified copy of your ID document
Verified/Certified copy of your latest Telkom or Municipal account
Verified/Certified bank letter confirming that the bank account belongs to your CC
Verified/Certified copy of 3 months bank statements – note no internet statements will be accepted
Verified/Certified proof of residence for the main member of the CC
Verified/Certified co-habitant letter if the proof of residence supplied is not listed in your name
Verified/Certified proof of residence for the business
Verified/Certified copy of the CM29 document or CC registration document.
On your company letterhead a brief explanation of what your business does and how you want to use a debit order facility in your business
Resolution document if more than one member is required

If trading as a PTY Limited

Verified/Certified copy of your ID document
Verified/Certified copy of your latest Telkom account
Verified/Certified copy of the CFO/CEO’s ID document
Verified/Certified bank letter confirming that the bank account belongs to your PTY LTD
Verified/Certified copy of 3 months bank statements – note no internet statements will be accepted
Verified/Certified proof of residence for all Directors of the company
Verified/Certified co-habitant letter if the proof of residence supplied is not listed in your name
Verified/Certified proof of residence for the business
Verified/Certified copy of the CM29 document or PTY LTD registration document as received from CIPC.
On your company letterhead a brief explanation of what your business does and how you want to utilise a debit order facility in your business
Resolution document if more than one Director is required

Please note that the documents must either be certified by a traceable lawyer or verified by a traceable bank employee at your nearest bank. Feel free to contact our compliance department via email with any further queries.

Please fax the above required FICA documents to 086 435 6508 or email to compliance@rapidcollect.co.za

Once we have received all the FICA documentation for verification, an application invoice will be sent to you for payment, in order to proceed with further registration. Please note, the application fee is non-refundable irrespective of the application outcome.

Please read our Terms and Conditions carefully.

Compliance Department

Rapid Collect, Debit Orders, The Smart Way!

Telephone: 0869 990 984

Email: compliance@rapidcollect.co.za