BANKING SAFELY WITH DEBIT ORDERS  

Convenience, safety and efficiency are usually the key factors that drive you to do some of your payments via debit order. But is this really a safer option? On this episode Absa will be on the hot seat to tell you in detail how you can bank safely with debit orders. Don’t miss it!  Guest Name –Milan Ganda  Designation- Manager: Payments  Guest Company Name: ABSA Homeloans  Website link: https://www.absa.co.za/personal/loans/for-a-home/understanding-home-loans/ LinkedIn: https://www.linkedin.com/in/milan-ganda-b806031  #YSYR #YourSpaceYourRules #PrivateProperty  

00:00 Show starts 01:19 Introduction by Zama 03:42 Question 1 – What is a debit check? 03:56 Answer – Milan Ganda 05:20 Question 2 – Difference between debit check, debit order  and other debit orders? 05:35 Answer - Milan Ganda 06:52 Question 3 – In instances where a client does not approve a debit order for whatever reason, how do financial institutions go about mitigating these issues? 07:59 Answer - Milan Ganda 10:00 Question 4 – How do customers go about confirming that particular debit check, through the app or physically through the branch? 10:50 Answer - Milan Ganda 11:26 Question 5 – How long does one have between notification and authentication? 12:01 Answer - Milan Ganda 13:10 Question 6 – In which way is debit check a slightly safer option relative to other options available on the market right now? 13:52 Answer - Milan Ganda 15:47 Break 16:56 After the break with Zama 18:51 Question 7 – Facebook 19:15 Answer - Milan Ganda 20:15 Question 8 – At ABSA, do they take the December collection earlier? 21:19 Answer - Milan Ganda 22:12 Comment 1 - Facebook 22:27 Question 9 – Facebook 22:44 Answer - Milan Ganda 25:33 Question 10 – How can clients ensure that their debit orders are mandated? 26:00 Answer - Milan Ganda 28:02 Question 11 – Facebook 28:24 Answer - Milan Ganda 29:06 Question 12 – Tips to keep your account safe  29:52 Answer - Milan Ganda 31:13 Last words - Milan Ganda 32:18 Closing remarks – Zama