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The South African Reserve Bank Act, 1989, as amended, provides for a board of 15 directors. Among them are the Governor and three Deputy Governors, who are appointed by the President of South Africa, after consultation with the Minister of Finance and the Board, initially for five-year terms. On reappointment, the …1 Monthly maintenance fee waived for accounts with balances more than $2,500 or $10,000 balance in personal deposit relationships with BankSouth. 2 Fee charged by BankSouth is waived on up to four (4) withdrawals per statement cycle. Up to $12 will be refunded at the end of each statement cycle for ATM surcharges charged by owners of non-BankSouth …BankSouth Mortgage Company, LLC, NMLS #690971 is not a bank or other depository institution and is not FDIC-insured. 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