Northwood Financial Services cc now offers payment through SnapScan

To make our client’s processes even easier, we are now offering payment via SnapScan.

 

SnapScan-Announcement-(2)-(For-Web)

SnapScan is both easy and convenient to use, and allows you to make quick and easy payments wherever you are without having to log into your internet banking service provider for an EFT transaction. SnapScan is available for free download and is free to use in a WiFi zone (standard data charges may apply when outside of a WiFi hotspot).

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Upcoming increases to the cost of electricity, and the effect on your pocket

Nersa (the National Energy Regulator of South Africa) has granted Eskom approval to increase its tariffs for the 2016/2017 year. Initially, in November of last year, Eskom had requested a value of R22.8 billion from Nersa to recover costs lost over the 2013/2014 period. In trying to balance the interests and cost implications of both the energy producers and South Africa’s general consumers, Nersa granted half of what was initially requested – roughly R11.2 billion. Thus, consumers will face a 9.4% increase to the standard electricity tariff, effective from the 1st of April 2016.

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SASRIA offers cover for accidental or deliberate damage to property

northwood_financial_services_broken_car_windowMr. Jones arrived at work in his brand new BMW and proudly parked it in his designated parking bay. During the course of the day, a dispute broke out at work, and before he was aware of the risks, the workers began to destroy the premises. All the vehicles, including Mr. Jones’ new car, were set alight.

After the incident, Mr Jones queried the incident with his insurance company. To his dismay, the insurers informed him that he was not able to lay a claim due to the fact that no insurance policy covered damage caused by any person or group taking part in a riot, strike, lock-out or civil commotion.

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