Difference between EFT, NAEDO, AC & Card Collections

	EFT Debit Order	NAEDO Debit Order	Authenticated collection	Card Collection
Definition	Normal debit order	Normal debit order with tracking	Authenticating Mandate before collecting	Debit order directly form debit/credit card
Limitation/Not allowed	No share accounts	No splitting	No splitting	No shared accounts
Maximum	Maximum 500,000 per transaction	Maximum 30,000 per transaction	Maximum 30,000 per transaction	-
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:
		1.Bank account closed
		2.Bank account doesn't exist
		3.Bank account frozen
		4.Payment stopped