SARS has recently issued a new guide with regards to updating your banking details with them. This was done in order to reduce the risk of refunds being paid into the wrong accounts and also to streamline the process, which has tended to be an onerous one in the past.Change of bank ...
If they do not remain compliant, they must promptly notify the commissioner of the non-compliance or change, by submitting application form DA 186 and the required supporting documents reflecting the relevant details. The holder of the accredited client status may not, without the prior permission ...