To enable automatic contributions, you need to set them up directly through your bank. This way, the transfer will take place automatically every month.
- Access your bank account: Log in to your bank's online platform or visit a physical branch.
- Locate the Transfers or Payments section: Find the specific section that allows you to manage transfers or set up recurring payments.
- Select the "Automatic Transfer" or "Scheduled Payments" option: Many banks offer the option to configure automatic transfers or scheduled payments. Choose this option.
- Enter transfer details: Fill in the required information, including the amount you want to transfer each month, the date you want the automatic transfer to occur, and the destination account in Rand.
- Verify the settings: Before confirming, carefully review the details of the automatic transfer to ensure they are correct.
- Confirm and save: If everything is in order, confirm the settings and save the changes. Make sure to receive confirmation that the automatic transfer has been scheduled.
This process ensures that every month, your bank will automatically transfer funds to your Rand account, ensuring regular and systematic deposits. Remember to periodically review the settings to make adjustments if necessary.