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.

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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.

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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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