T & C'S - FOREIGN PENSIONER TRACING ('FPT')
Instructions are received on a no trace/no success, no fee basis.
||Instructions to trace the
beneficiary of a pension or other grant fund from a foreign country, but who
lives/was last know to live in South Africa, to
confirm that the beneficiary is still alive or to establish that the beneficiary is
deceased - and if deceased to identify the Master's office that has
jurisdiction and the identify and contact details of the Executor of the
deceased Estate, are attended to for a fixed fee that
is currently R 700.00 plus VAT.
||Payment is due within 30 days of the date of our report and
invoice, which is submitted to client by email.
||Overdue payments shall attract interest at 2% per month (or part
||If FSG is tasked to collect monies to be refunded to the pension
fund of a foreign country, FSG will retain 5% of each payment
received and client shall be responsible for bank charges incurred
to transfer monies recovered off-shore. Client agrees that FSG may
deduct bank charges from sums collected and held in Trust.
||Recovered pension fund overpayments are transferred to client
within 30 days of receipt, or at whatever other intervals client
dictates to avoid bank fees when pension overpayments are recovered
in instalments, but on condition that FSG is in receipt of
correspondence from client that our bankers require to process the
off-shore transfer of monies recovered in South Africa to client.
Should such payments to clients be delayed due to non-receipt of the
stipulated documentation, client is not entitled to any interest
earned on such monies while held in Trust by FSG as, by law, such
interest is payable to the South African Council for Debt
||Should client wish to retain FSG to examine Government Gazette
Deceased Estate Notifications on a periodic basis rather than
instructing FSG on a case-to-case basis, FSG's fee shall be subject
For additional information download our FPT Service Profile from the
SERVICE PROFILES page, or click the
EMAIL button to request same.
Fohla Security CC
t/a FSG FORENSIC INVESTIGATORS & AUDITORS | TRACERS | RISK MANAGERS |