Settlement Quotation

Date: 21/01/2020
ATTENTION: DANIELS D
RE: Settlement Quotation on account number: 70699090001
OUTSTANDING BALANCE : R 91540.63
ARTICLE : 2014 U HYUNDAI I20 1.2 MOTION
ENGINE NUMBER : G4LADM147539
CHASSIS NUMBER : MALBB51BLEM606633
YEAR MODEL : 2014
With reference to your enquiry on the above -mentioned account, we confirm that the settlement will amount to R 81384.53,
including daily interest and an amount of R90.79 inclusive of VAT, being the cost of couriering the vehicle registration papers to
you. This includes the change of ownership fee R 331.75. This is provided that we receive it on or before 28/01/2020. This
amount takes into account all payments received on settlement date including the payment on 01/01/2020 for the amount of R
2299.15, and assume no cheques /debit orders will be referred back to us by your bank . Should the above payment be returned
the settlement figure would have to be revised .
Please note that the right of ownership of the article shall still vest in MFC until the outstanding amount is paid , either in cash or
per bank guaranteed cheque, and that the relevant article may not be sold on behalf of MFC. This confirmation of the
settlement amount occurs without prejudice to any rights, which MFC may have. If, at any stage, it should become clear that
MFC, for whatever reason, has made a calculation or any other error , the unpaid amounts will still be due to MFC by yourself.
We urge you to obtain a copy of the Natis document in order for you to verify the full vehicle description including the
year model and make. MFC will not be liable for any errors, be it administrative or any other related to the vehicle
description as displayed on this letter.
The Financial Intelligence Centre Act 38 of 2001 (FICA) requires Nedbank Limited ('Nedbank') to keep client information
current and accurate by obtaining and re -verifying all relevant client details from time to time . To ensure that Nedbank complies
with its money-laundering control and counter -terrorist financing obligations in terms of FICA should the client’s FICA records
with Nedbank not be up to date there will be a delay in closing the account and delivering of the Natis document . It is therefore
imperative that the client has to ensure that Nedbank has the required FICA documentation . For more information on
documentation required please visit our website : www.mfc.co.za or contact the MFC Call Centre on 0860 879 900.
Yours sincerely,
Nokulunga Mandisa Dube
Client Services
Cash and Cheque deposits:
For cash or cheque deposits visit your nearest Nedbank branch and make the payment at a teller.
Please use 70699090001 as the reference number.

Payments via EFT

When making an EFT payment, select 'MFC, a division of Nedbank' on the bank-approved beneficiary list on your internet banking website.
You must use 70699090001 as the beneficiary reference when making the payment.

MFC

6E Herman Road Cnr Corobrick Rd Meadowdale Edenvale 1610 South Africa

T +27 (0)860 879 900

Directors: V Naidoo (Chairman) MWT Brown (Chief Executive) HR Brody BA Dames NP Dongwana EM Kruger PM Makwana L Manzini Dr MA Matooane RK Morathi (Chief Financial
Officer) MP Moyo
JK Netshitenzhe MC Nkuhlu (Chief Operating Officer ) S Subramoney MI Wyman* (* British)
Company Secretary: TSB Jali 11.06.2018.

mfc.co.za

MFC a division of Nedbank Limited Reg No 1951/000009/06. 135 Rivonia Road, Sandown, Sandton, 2196, South Africa.