Use our electronic funds transfer (EFT) debit order facility to collect funds from accounts of your customers, either within a single bank or across multiple banks.

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Improve collections

All transactions are processed in the evening before the agreed payment date. 

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Greater payment certainty

Payments are validated online resulting in either immediate rejection or automated returns.

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Easy reconciliation

Determine which debit orders went through or didn't and resolve any issues quickly.

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Reduce cash handling risk 

All funds are collected electronically, with no risk of handling cash on premises.

  • How to apply

    Complete the following documents:

    • A general registration form (Form 4161)
    • Service registration form (Form 4058)
    • Billing form (Form 3732)

    All forms are available at Absa branches.

  • How it works

    • Obtain written or electronic or voice recorded debit order mandates from your customers
    • Your adviser will assist you with the required file formats
    • All transactions are processed in the evening of the agreed payment date, providing your customers ample time to ensure funds are available in their accounts
    • Multiple collections are reflected as a single entry on your bank statement thereby minimising bank charges
    • The EFT debit order service is available from Monday to Saturday
    • We offer EFT debit orders via our online channel as well host to host

Need more help?

Let one of our consultants assist you.

Call us on:

0860 227 232