Prioritised debit orders

Early debit order transactions improve the likelihood of successful collections.  They have preferential processing over direct debit orders and are processed soon after salary payments that are made very early in the morning and are prioritised over regular debit orders. Direct debit orders are processed in batches in the late afternoon. 

Using non-authenticated debit orders (NAEDO means your account is credited and the payee’s account is debited on the same day the collection is processed. NAEDO tracks your customer’s account for available funds for up to 32 days. For more information, contact your Relationship Manager or email us at BBtactics@standardbank.co.za