DebiCheck Implementation Date in 2019 Updated
The South African Reserve Bank (SARB) has this month published (in the Government Gazette) a new effective date for DebiCheck (also known as Authenticated Collections). The updated implementation date will now officially be 31 October 2019.
You can download the relevant section of the Government Gazette below.
The Gazette also provides extra information on the “sunset” date (when AEDO and Naedo payments come to an end – now 31 October 2020) and some other additional information. This change will affect all those who make monthly debt review payments. If you would like more information about DebiCheck then feel free to speak to your PDA.
The updated implementation date = 31 October 2019