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Can SARS pay into a call account?

Posted 14 March 2016 under Tax Q&A


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Ryan says:
14 March 2016 at 12:39

I am emigrating and have gone to SARS to change my banking details. The new account is a call account which I am using to transfer my money overseas. SARS have verified this account. (Bidvest Call Account). My friend said that as far as he know SARS will not pay into the call account when it comes time to paying. Is this true?

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TaxTim TaxTim says:
14 March 2016 at 18:01

They usually only pay into a Cheque or Savings account - you would need to phone them to ensure that this account is satisfactory.


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