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South African Reserve Bank

Prudential Authority

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Home Regulation and supervision National Payment System (NPS) NPS Legislation Directives for conduct within the NPS

Directives for conduct within the NPS

In terms of section 12 of the National Payment System Act, 1998 (Act No 78 of 1998 as amended- the Act) the Bank may from time to time, after consultation with the payment system management body , issue directives to any person regarding a payment system or the applications of the provisions of the NPS Act.

Related Documents

First Amendment of Directive 01 of 2017 - as at 14 December 2018
Amendment of the Directive for conduct within the National Payment System in Respect of the Collection of Payment Instructions for Authenticated Collections
Interpretation note for Directive 1 of 2015
Interpretation note for Directive 1 of 2015
Directive 01 of 2015
In respect of the Financial Action Task Force recommendations for electronic funds transfers
Directive 02 of 2007
In respect of system operators
Directive 01 of 2007
In respect of payments to third persons
Directive 02 of 2006
In respect of banks involved in the collection of payment instructions in the early debit order (EDO) payment clearing houses (PCHs)

Related Press Release

SARB Directive for the conduct of non-bank stakeholders in the NPS take effect on 6 December 2007

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