Quick Summary
Opening an Exact account online in South Africa is a straightforward process. To apply, visit the TFG Money Account application page, select “Exact” from the list of TFG brands, fill out the online form, and upload the required documents. Once approved, you can start shopping at Exact stores on credit. Alternatively, you can apply in-store by bringing your ID or driver’s license and proof of income. Contact TFG directly for more information or assistance.
Introduction
Opening an Exact account online in South Africa is a convenient way to shop at Exact stores on credit. Whether you’re looking for trendy clothing or stylish accessories, having an Exact account allows you to make purchases and pay later. In this blog post, we will provide a comprehensive guide on how to open an Exact account online, including the requirements and alternative ways of applying.
By following these steps and meeting the necessary criteria, you can start enjoying all the benefits that come with owning an Exact account. So let’s dive into the details!
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Opening an Exact Account Online in South Africa
Step-by-Step Guide to Opening an Exact Account Online
Opening an Exact account online is a convenient and straightforward process. Follow these step-by-step instructions to open your own account:
- Visit the TFG Money Account Application Page:
Start by visiting the official TFG website or use this link [URL] to access the TFG Money Account application page. - Select “Exact” from the List of TFG Brands:
On the application page, you will find a list of various brands under The Foschini Group (TFG). Choose “Exact” as your preferred brand for opening your account. - Fill Out the Online Form:
Provide accurate personal information such as your full name, ID number, mobile phone number, employment details, financial particulars including income and expenses, contacts, and references on their secure online form. - Upload Required Documents:
To complete your application successfully, you need to upload proof of income for at least one month, such as a payslip and bank statements. These documents are essential for TFG to use in assessing your eligibility for credit. Make sure that all uploaded files meet the specified requirements regarding file format, size, and clarity. - Accept the TFG Account Terms and Conditions:
Before submitting your application, it’s important that you carefully read through the terms and conditions associated with opening an Exact account online. Once you are satisfied with them, make sure to tick the specified box indicating that you accept these terms. This step is mandatory to proceed further with your application process. - Confirmation of Application:
After completing all the required steps and successfully submitting your supporting documents and your acceptance of the terms, TFG will send a confirmation SMS or email. You can expect this confirmation within a few minutes or hours depending on the number of applications being processed at the moment.
Requirements for Opening an Exact Account Online
To open an Exact account online, you will need to meet the following requirements:
- Personal Information:
Provide your full name and ID number as per your official identification document. - Employment and Financial Details:
You will be required to supply your current employment details including the name of your employer, your job title, and the length of time you have been employed there. Additionally, TFG may ask for your financial particulars such as monthly income and expenditure. These details are necessary for TFG to assess your creditworthiness and determine whether you are eligible for an Exact account. - Proof of Income:
As part of the application process, TFG requires proof of income for at least one month. This can be in the form of a payslip or bank statements. Make sure that these documents clearly show your name, the company name, date issued, and amount earned. TFG uses this information to decide on your eligibility for customer credit. - Acceptance of TFG Account Terms and Conditions:
Before submitting your application, it’s important that you carefully read through the terms and conditions associated with opening an Exact account online. Once you are satisfied with them, make sure to tick the specified box indicating that you accept these terms. This step is mandatory to proceed further with your application process.
Alternative Ways to Open an Exact Account
If applying online is not convenient or feasible for you, don’t worry! There are alternative ways to open an Exact account:
- In-Store Application:
Visit any physical store location where The Foschini Group brands including “Exact” are available. Bring along a valid ID book or driver’s license as well as proof of income, such as payslips or bank statements. The store staff will assist in completing the application form on-site and guiding you through the process. - Contact TFG for Assistance:
If you have any questions or need assistance with opening an Exact account, feel free to contact The Foschini Group directly. You can reach them by calling their dedicated customer service number at 0860 834 834 or sending an email to newaccountsqueries@tfg.co.za. Their friendly and knowledgeable team will be happy to help answer your queries and guide you through the application process.
By following these steps, you’ll soon be on your way to enjoying all the benefits of having an Exact account. Shop at Exact stores on credit immediately after approval and enjoy affordable fashion from The Foschini Group brands. Happy shopping!
Step-by-Step Guide to Opening an Exact Account Online
Visit the TFG Money Account Application Page
To begin opening an Exact account online, visit the TFG Money Account application page. This can be accessed through their official website or by searching for “TFG Money Account application” on your preferred search engine.
Select “Exact” from the List of TFG Brands
Once you are on the TFG Money Account application page, you will find a list of different brands under The Foschini Group (TFG). Look for and select “Exact” from this list to proceed with opening an Exact account specifically.
Fill Out the Online Form
After selecting “Exact,” you will be directed to fill out an online form. Provide accurate information such as your full name, ID number, mobile phone number, employment details including company name and address if applicable), financial particulars like monthly income and expenses) contacts (email address), references if required).
Make sure all fields marked as mandatory are completed before proceeding further in order not delay processing time later down line when submitting documents requested during verification process after submission has been made successfully without any errors found within it’s content provided at initial stage prior uploading supporting documentation needed along side personal identification documentations which must also accompany these forms filled correctly according requirements set forth guidelines stipulated throughout entire procedure followed accordingly step wise manner ensuring accuracy maintained consistently across board until finalization reached point where confirmation received indicating successful completion thereof allowing access granted towards next steps involved obtaining store card associated exact clothing brand itself being issued upon approval given based eligibility criteria met accordance policies governing credit granting institutions South Africa today making possible shop items desired using available funds credited into newly opened accounts immediately thereafter once approved status confirmed via SMS email notification sent applicant concerned informing them about outcome decision taken behalf institution handling applications submitted electronically over internet connection used apply initially chosen method mentioned earlier stages described above respectively.
Upload Required Documents
As part of the online application process, you will be required to upload certain documents. These may include proof of income for at least one month, such as a recent pay slip or bank statements that show your financial stability and ability to make repayments on time. Make sure these documents are clear and legible before uploading them through the designated portal provided during the application process.
Accept the TFG Account Terms and Conditions
Before submitting your completed form with uploaded supporting documentation, it is important to carefully read and accept The Foschini Group’s (TFG) account terms and conditions. This step ensures that you understand all aspects related to opening an Exact account including fees associated with credit usage limits set forth by institution governing policies regulating consumer lending practices within South Africa today ensuring compliance maintained throughout duration period using services offered under this agreement signed electronically upon acceptance thereof being granted access towards next steps involved obtaining store card itself issued approval given based eligibility criteria met accordance guidelines stipulated earlier stages described above respectively prior finalization reached point where confirmation received indicating successful completion allowing immediate shopping privileges activated once approved status confirmed via SMS email notification sent applicant concerned informing outcome decision taken behalf handling applications submitted over internet connection used apply initially chosen method mentioned earlier stages described above respectively
Confirmation of Application
After successfully completing all necessary steps in opening an Exact account online, you will receive a confirmation message either via SMS or email confirming receipt of your application. It is important to note that this does not guarantee automatic approval but rather serves as acknowledgment from TFG regarding their reception processing said request made accordingly following procedures outlined hereinbefore until reaching stage whereby further details about obtaining physical store card linked exact clothing brand shall communicated directly individual applying same manner previously stated methods communication utilized initial contact established between parties involved facilitating smooth transition into subsequent phases pertaining overall experience gained utilizing benefits afforded customers holding accounts affiliated brands operated entity responsible managing affairs relating thereto ensuring satisfaction achieved throughout entire process followed consistently across board until finalization reached point where confirmation received indicating successful completion allowing immediate shopping privileges activated once approved status confirmed via SMS email notification sent applicant concerned informing outcome decision taken behalf handling applications submitted over internet connection used apply initially chosen method mentioned earlier stages described above respectively.
Requirements for Opening an Exact Account Online
Personal Information
To open an Exact account online, you will need to provide your personal information. This includes your full name and ID number. Make sure the details you enter are accurate and match the information on your identification document.
Employment and Financial Details
In addition to personal information, you will also be required to provide employment and financial details. This may include providing information about your current employer or source of income, as well as any other relevant financial particulars such as monthly expenses or existing debts.
Proof of Income
As part of the application process for opening an Exact account online, it is necessary to submit proof of income for at least one month. Acceptable documents typically include recent pay slips or bank statements that clearly show regular deposits from a reliable source.
It’s important that these documents accurately reflect your current financial situation in order for TFG (The Foschini Group) to assess whether granting credit through an Exact account is appropriate based on their lending criteria.
Acceptance of TFG Account Terms and Conditions
Before finalizing the application process, applicants must accept the terms and conditions set forth by TFG regarding their accounts. These terms outline various aspects related to using credit facilities provided by TFG brands like Exact clothing stores.
By accepting these terms during the application process, individuals confirm they understand how interest rates work if applicable; payment due dates; consequences associated with late payments; potential fees charged when exceeding approved limits among others.
Alternative Ways to Open an Exact Account
In-Store Application
If you prefer not to apply for an Exact account online, you can still open one by visiting any Exact store or other TFG brand location. Simply bring along your ID or driver’s license and proof of income. The friendly staff will assist you with the application process and guide you through the necessary steps.
Applying in-store allows for a more personal touch as experts are available on-site to answer any questions or concerns that may arise during the application process. They can also provide guidance on selecting products and offer advice tailored specifically to your needs.
Contact TFG for Assistance
If at any point during the application process, whether it be online or in-store, you require assistance or have further inquiries about opening an Exact account, don’t hesitate to reach out directly to TFG (The Foschini Group). Their dedicated customer service team is ready and willing to help.
You can contact them via their toll-free number 0860 834 834 where knowledgeable representatives will address all your queries regarding opening an exact account. Alternatively, if email communication suits your preference better than phone calls, feel free send them a message at newaccountsqueries@tfg.co.za.
Remember that they are there every step of the way should additional support be needed throughout this exciting journey towards obtaining access credit facilities offered by TFG stores such as Exact clothing.
Frequently Asked Questions
What is an Exact account?
An Exact account is a credit facility offered by TFG (The Foschini Group) that allows you to shop at their brand, Exact Clothing, on credit. With an Exact account, you can purchase clothing and accessories from any of the Exact stores or online platforms.
What are the benefits of opening an Exact account?
Opening an Exact account comes with several benefits:
- Convenient Shopping Experience – You can enjoy shopping for trendy fashion items without having to pay upfront.
- Flexible Payment Options – An Exact account gives you the flexibility to choose how much you want to repay each month based on your budget.
- Exclusive Offers and Promotions – As a cardholder, you will have access to exclusive discounts and promotions available only for customers with an Exact account.
- Easy Application Process – The application process is simple and straightforward; it can be done online or in-store.
Can I apply for an Exact account if I am unemployed?
To open an Exact account, you need employment details as part of the requirements. However, in some cases, such as being supported by a spouse or parents, it may still be possible. Please contact TFG directly through their provided contacts (0860 834 834, newaccountsqueries@tfg.co.za) for more information regarding eligibility criteria.
How long does it take to get approved for an Exact account?
References
- https://currentaffairsza.com/2023/07/17/how-to-open-an-exact-clothing-account-online-including-requirements/
- https://www.onlineloanservices.co.za/exact-account-application-online-application/#google_vignette
- https://www.loans101.co.za/exact-clothing-account-online-application
