Banking and Investment Policy

Communications 23/08/2012 Legal Services

Click here to download the PDF for Banking and Investment Policy

The objectives of the investment policy of the municipality are:

Preservation of capital / safety of public funds;
Maintaining liquidity;
Appropriate return on investments and
Adherence to legal requirements

The Council is the trustee of the municipal funds, which it collects, and it therefore has an obligation to the community to ensure that the municipality’s cash resources are managed effectively and efficiently.

Click here to download the PDF for Banking and Investment Policy

1. Log onto YOUR Internet Banking Website or APP
2. Select payments
3. Select pay recipients
4. Select public recipients
5. Search MANGAUNG METRO then press enter
6. MANGAUNG METRO MUNICIPALITY will appear as a BENEFICIARY
7. Type MANGAUNG METRO on the NAME
8. Type MANGAUNG METRO on own ref then…
9. Type your 10 digit municipal account number on recipient ref
10. Then make and complete the payment

DIRECT LINKS TO BANKS:

Absa Group Limited
Capitec Bank Limited
First National Bank
Nedbank Limited
Standard Bank of South Africa

TO RECEIVE YOUR ACCOUNT VIA E-MAIL

1. Send An E-Mail To:

ebilling@mangaung.co.za

with Your Account Number, Email Address and kindly request to have your Account communicated to you in this manner.

2. Send Your Request To:

mpho.phanyane@mangaung.co.za

dinah.sempe@mangaung.co.za

3. Visit one of the Paypoints to Request the Change to E-mail Statements

4. Contact the Metro Call Centre at 0800 111 300

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