yes, this would be right. Every unique HIN has its own unique BPay Ref which identifies a unique applicant.
All SPP money lands in the same IVZ bank account.
They'll then run a report from the BPay file which will tell them total deposit from each applicant. Won't matter whether payment was in 1 or many tranches or from a few seperate accounts, it's the unique BPay Reference no. used that tells them who deposited the funds
Ann: How to Apply for SPP Securities, page-42
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