27. Are there provisions requiring donations to go through the banking system?
South Africa
12. (1) A political party must—
(a) deposit all donations received by that political party, membership fees and levies imposed by the political party on its representatives into an account with a bank registered as a bank in terms of the Banks Act, 1990 (Act No. 94 of 1990), in that political party’s name;
(b) keep a separate account with a bank registered as a bank in terms of the Banks Act, 1990 (Act No. 94 of 1990), into which all money allocated to it from the Funds must be deposited;
Article 12, Political Party Funding Act (PPFA), 2018.