We will be implementing DebiCheck - a new debit order verification process that gives you control of your debit orders. DebiCheck will allow you to verify your debit order information and electronically confirm this with us. This means that you will be assured that when you authenticate a debit order, you have signed up for it, approved it and know exactly how much will be debited against your account on a specified date.
DebiCheck will be implemented in phases. Currently in pilot phase, it tests low volumes and limited users, to be followed by a ramp-up period commencing in 2018.
We would like to stress that for now, no action is required from companies and consumers who are not participating in the pilot. Standard EFT debit orders will continue to be processed as is, and the new solutions may be used more broadly in time.
To help you understand DebiCheck, you can view the DebiCheck FAQs or click here to read the Terms and Conditions. Further information will be available through Absa’s communication channels. You can also visit PASA’s DebiCheck website for more information.