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[Title, Name/s & Surname] [Postal Address Line 1] [Postal Address Line 2] [Postal Address Line 3] [Postal Code] [Email address] |
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| Dear [Title Surname] | ||||
| Re: Re-instatement of credit agreement in terms of the National Credit Act 34 of 2005 (NCA) | ||||
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| A review of your credit agreement has been undertaken and we are pleased to inform you that you qualify for re-instatement of your credit agreement to the credit facility limit stated below. | ||||
| Existing credit limit | R[insert amount] |
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Please take note that your credit facility limit under the aforementioned credit agreement will be re-instated to the new credit limit stated above. Your revised monthly repayment amount will be communicated to you shortly. Kindly call 087 577 4000 on weekdays between 8:00 and 16:00 to provide us with a debit order mandate within 3 calendar days from receiving this notification. A hold will be placed on the credit facility until you provide us with a debit order mandate. Should you fail to provide the debit order mandate, the credit agreement will be cancelled within 10 (ten) business days' notice. All other terms and conditions of your existing credit agreement with us will remain unchanged. |
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Yours faithfully FNB |
| Terms, conditions and product rules apply. |
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First National Bank A division of FirstRand Bank Limited. An Authorised Financial Services and Credit Provider (NCRCP20).
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