• AEDO - Authenticated Early Debit Order



• NAEDO - Non-Authenticated Early Debit Order

The above EDO Payment Streams and Clearing Houses were established in co-operation between the South African Reserve Bank, the Payments Association of South Africa, the banking industry and other stakeholders.  Conduct in the respective EDO Payment Clearing Houses is regulated in terms of the South African Reserve Bank Directive No 2 of 2006, issued in terms of the NPS Act.

The EDO PCH Agreements and EDO PCH Clearing Rules established criteria for access to the EDO Payment Streams that compels  Beneficiaries (Users of the EDO Payment System) to be Members of the EDO PSSF as part of that access criteria for the use of the EDO Payment System.

All current and future users of AEDO and / or NAEDO are therefore required to be members of the EDO PSSF and to apply directly to the EDO PSSF for Membership regardless of whether such users are also members of one of the Associations which are members of the EDO PSSF.

All PASA member banks participating in EDO, are required to verify that all current and future users of EDO are Members and remain Members of the EDO PSSF. Such verification has to occur before approving the user’s application to use the AEDO and / or NAEDO payment systems and thereafter on an annual basis.

Click here to download Directive