I’ve been auto assessed but need to update my Banking Details, how can I stop the refund from being paid into the wrong account?

SARS will verify the details of the bank account with the relevant financial institute electronically prior to refunding you, if there is a mismatch SARS will request you to verify your bank details.  It is however recommended that you ensure that your bank details are correct to prevent any delays in SARS refunding you.

You can update your banking details:

• By completing the Registration Amendments and Verification Form (RAV01) on eFiling
• On the SARS MobiApp by tapping on the Profile Management tab.
• When completing the following on eFiling:
  • Income Tax Return for Individuals (ITR12)
  • Request for a Transfer Duty Refund.
• In person at any SARS branch if you’re not registered on eFiling (this may require you to make an appointment).