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Q: Can I sign up for this even if I do not have a Databank account?

04 Jun, 2020 833 CAGD Direct Debit
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A:  No, you will need a Databank account before you can sign up for direct debit. To open a mutual fund account is simple. All you need are a valid national ID (as indicated above), a passport photo, proof of address, amount of money to be invested and a completed mutual fund application form.