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COMPLIENCE & KYC REQUIREMENTS

As part of South African financial regulations under the Financial Intelligence Centre Amendment Act 2017 (FICA), we are required to verify the identity of every business and its owners. This ensures that all finance and refinance solutions are provided securely, legally, and responsibly.

Section A: Applicant Details

Section B: Ownership Structure

B.1. The shareholding/Voting Rights/Membership Interest is correctly reflected in the below as stated ownership structure.

Ultimate Beneficial Owner Required

B.2. The shareholding/Voting Rights/Membership Interest is correctly reflected in the below as stated ownership structure.

Ultimate Beneficial Owner Required

B.3. The shareholding/Voting Rights/Membership Interest is correctly reflected in the below as stated ownership structure.

Ultimate Beneficial Owner Required

B.4. The shareholding/Voting Rights/Membership Interest is correctly reflected in the below as stated ownership structure.

Ultimate Beneficial Owner Required

Section C: Declaration, Undertaking and Warranties

The signatories to this application hereby:

  1. Warrant that all information provided to Commercial Fleet Finance (CFF) in this application or otherwise is current, true, accurate and complete in every aspect and agree that such information shall constitute prima facie proof of the facts contained herein, and agree that Commercial Fleet Finance reserves the right to file any false, misleading or dishonest information on the South African Fraud Prevention Services database.

  2. Undertake to notify Commercial Fleet Finance of any changes to information provided to Commercial Fleet Finance whether in terms of this application or otherwise.

  3. Warrant that where this application is signed in a representative capacity, we have the legal authority to do so, the transaction is within our powers and that all information regarding the identity of the person on whose behalf we act (and the authority to act on behalf of such person) has been disclosed toCommercial Fleet Finance.

  4. Declare and warrant to and in favour of Commercial Fleet Finance that we have full capacity and authority to accept and sign this application and that we have complied with all applicable legislation and regulations governing all our activities and we will continue to ensure compliance with all such legislation and regulations.

  5. Designate the address and contact details provided in this application as our domicilium citandi et executandi for all purposes.

  6. Acknowledge that Commercial Fleet Finance shall be entitled to share any information contained in this application and/or any other documentation in relation to any of our accounts in the ordinary course of business, including compliance with the conditions thereof, to any entity within the Commercial Fleet Finance Group and any of their direct or indirect subsidiaries, and any other third party and/or as required by law, regulation, code or treaty in order to:

    • verify the information contained in this application and/or any other information provided to Commercial Fleet Finance and generally making whatever enquiries it deems necessary from any source whatsoever; or

    • make decisions regarding the extension of credit which we have requested; or

    • detect or prevent fraud or any other unlawful activity perpetrated against any entity within the Commercial Fleet Finance Group or any other party; or

    • comply with any law, regulation, code or treaty.

  7. Confirm that we have read Commercial Fleet Finance’s Data Protection Statement located at https://www.capefin.co.za/wp-content/uploads/2021/08/Cape-Finance-PAIA-Manual.pdf

  8. Acknowledge and understand that on acceptance of this application by Commercial Fleet Finance, we will not automatically qualify for all or any of Commercial Fleet Finance's products or services. These limitations may relate to particular product features or legal and regulatory constraints.

Thanks for submitting!

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