Collection Services

DEBIT ORDERS

Debit orders (also known as EFT debits) allow you to process debit instructions on an account in response to an agreement (or mandate) with the account-holder.  Collect subscription fees, insurance premiums, loan repayments and much more with our high-volume service.

NAEDO

NAEDO is an enhanced debit order service which processes in the debit order period immediately after a salary run. It can track a debtor’s account for a number of days should there be insufficient funds in the account on the mandated date.

DEBICHECK

DebiCheck is an enhanced version of the debit order service.  It replaces the NAEDO service, which is being phased out by South African banks, and provides an additional customer-authenticated electronic mandate to the debit order model.  All mandates will now be recorded, managed and verified electronically.

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