Paysoft Impact

Kingswood College Legends Fund

The Legends Fund is a bursary fund that specifically aims to recognise well-rounded young people of exceptional character who hold the potential to become remarkable Kingswoodians, leaders and role models. Children who embrace the spirit of what it means to be a Kingswoodian, and seek to make a difference in the world around them.

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Agreement

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Additional info

Legal agreement

Abbreviated short name as registered with the acquiring bank: KINGSWOOD

Refer to our contract reference number ("the Contract Reference Number").

I/We hereby authorise KINGSWOOD COLLEGE to issue and deliver payment instructions to your banker for collection against my/our abovementioned account at my/our abovementioned bank on condition that the sum of such payment instructions will not differ from my/our obligations as agreed to in the Contract Reference Number.

The individual payment instructions so authorised must be issued and delivered on the date when the obligation in terms of the Agreement is due and the amount of each individual payment instruction may not differ as agreed to in terms of the Agreement.

I/we agree that the first payment instruction will be issued and delivered on the "Start Date" and thereafter regularly on the "Debit Day" of each month.

If however, the date of the payment instruction falls on a non-processing day (weekend or public holiday) I agree that the payment instruction may be debited against my account on the following business day; or subsequent payment instructions will continue to be delivered in terms of this authority until the obligations in terms of the Agreement have been paid or until this authority is canceled by me/us by giving you notice in writing of not less than the interval (as indicated in the previous clause) and sent by prepaid registered post or delivered to your address indicated above.

Mandate

I/we acknowledge that all payment instructions issued by you shall be treated by my/our abovementioned bank as if the instructions had been issued by me/us personally.

Cancellation

I/we agree that although this authority and mandate may be cancelled by me/us, such cancellation will not cancel the Agreement. I/we also understand that I/we cannot reclaim amounts, which have been withdrawn from my/our account (paid) in terms of this authority and mandate if such amounts were legally owing to you.

I/w this authority may be cancelled by giving thirty (30) days’ notice in writing to KINGSWOOD COLLEGE by e-mail to legacy@kingswoodcollege.com.

Assignment

I/We acknowledge that this authority may be ceded or assigned to a third party if the Agreement is also ceded or assigned to that third party.

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Kingswood College Legends Fund

Authorising person

Authorising company

Banking details

Agreement