Standard Bank
Revolving loan

My contract words are: I refer to the Agreement and hereby authorise the Standard bank of South Africa Limited to debit my nominated account, or if my nominated account is at another bank to deliver my payment instruction to my bank for collection, and I hereby authorise my bank to debit my nominated account, in accordance with my payment instructions, commencing on or after the deduction date, and thereafter on or after the same day of each month or, if such a day is not a business day, then on the first business day immediately preceding that day, until the obligations in terms of the agreement have been paid or until the authority is cancelled. My date on contract is 20th of every month and December the 20th is on a Friday which is a business day. No were in this wording it say that Standard bank will be deducting in December earlier because we get paid earlier. Which not all company's pay their staff earlier. My pay day is not on a public holiday or Sunday and even if it was I still will not get paid earlier. With this description on my contract I still say the bank is at fault and that the should correct my account and put 15% available funds back on Revolving loan.

Company: Standard Bank
Country: South Africa
City: Centurion

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