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difference-between-eft-naedo-ac-card-collections [2019/04/08 10:34] |
difference-between-eft-naedo-ac-card-collections [2020/06/05 13:00] Schuzelle van Wyk created |
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+ | ====== Difference between EFT, NAEDO, AC & Card Collections ====== | ||
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+ | ^ ^ EFT Debit Order | ||
+ | |**Definition**|Normal debit order|Normal debit order with tracking|Authenticating Mandate before collecting|Debit order directly form debit/ | ||
+ | |**Limitation/ | ||
+ | |**Maximum** | ||
+ | |**Cut off times**|2 day service:2 days before action date before 12:00|Must be submitted before 12:00|Must be submitted before 12:00|Same day before 15:00| | ||
+ | | |Same day service: before 12:00 on action date| | ||
+ | |**When can a customer submit stop payment**|Immediately|**Stop Payment When:**| | ||
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