Posts Tagged 'What does fica mean'

Have you been FICA’d?

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All South Africans with bank accounts know that they have to FICA themselves, or they will have access to their money swiftly denied until they go to the bank and get it done. FICA stands for “Financial Intelligence Centre Act” which requires every individual with a bank account to provide incontrovertible proof of residence to the bank.   What on earth does this aggravating and intrusive requirement ...

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