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Directives for conduct within the NPS
Page Content 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.
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Directive 01 of 2015 In respect of the Financial Action Task Force recommendations for electronic funds transfers Directive 02 of 2006In respect of banks involved in the collection of payment instructions in the early debit order (EDO) payment clearing houses (PCHs)
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