home

Search

find clear
Accounts Credit Cards Personal loans Save and Invest Home loans Learn
Filter by
home

Select Country

Africa

    South Africa
    Namibia
    eSwatini
    Mozambique

Asia

    Singapore

UAE

    Dubai

home

Don’t have your Nedbank ID yet?

Nedbank ID single sign-on gives you full digital access to Nedbank’s banking and lifestyle products and services on the Money app or Online Banking.

Register now

Log in

Log in to Online Banking or another one of our secured services.

    Nedbank Business Hub
    Nedbank ID
    Nedbank Business Hub
    Nedbank ID
logo
  • Personal
  • Private
  • Wealth
  • Business
  • Corporate
  • Group
  • Search
  • Log in
  • About us
    Get an overview
    Explore About us Awards Deals
  • Culture
    #BeTheDifference
    Explore Culture Women of Corporate Investment Banking Young Analyst Programme
  • Insights
    Gain knowledge
    Explore Insights Articles Conferences Research
  • Solutions
    Achieve strategic goals
    Explore Solutions Corporate Finance Financing Investing Markets Nedbank Business Hub Transacting
  • Sustainability
  • Contact us
logo
About us
Culture
Insights
Solutions
Sustainability
Contact us
Get in touch
Find us
Get an overview
Awards

Deals

Find out how we enable clients to realise their ambitions and advance ESG goals.

Explore About us
#BeTheDifference
Women of Corporate Investment Banking

Young Analyst Programme

Explore Culture
Gain knowledge
Articles

Get the competitive edge with leading insights from industry experts.

Conferences

Conferences sponsored by CIB

Research

Register to access expert reports, analyses and up-to-date investment research.

Explore Insights
Achieve strategic goals
Corporate Finance

Nedbank CIB Corporate Finance is an award winning Corporate and Investment Banking team that provides clients with end-to-end M&A and debt/equity advice, equity markets, regulatory and sponsor advice.

Financing

Fund your business growth with innovative equity and sustainable finance solutions.

Investing

Find the investment option that gives your business real returns.

Markets

CIB offers a range of tailored financial solutions that enable clients to manage the risk of swings in value due to foreign exchange, inflation, interest rate, trade and other movements – a process called hedging – as well as deal in equities and bonds.

Nedbank Business Hub

Transacting

Stay in control and keep your assets safe with our bespoke transaction services.

Explore Solutions
Explore Sustainability
Explore Contact us
Back
About us

Awards

Deals

Find out how we enable clients to realise their ambitions and advance ESG goals.
  • R4bn Tronox deal funds two 100MW solar plants
  • Billions to help Redefine build green properties
  • Harmony pursues green goals with R10 billion loan
  • Cold solutions finance for cold storage facilities
  • International Finance Corporation green bond fund
  • Envusa energy deal: The way for renewable energy
  • Paladin Energy senior debt funding partnership
  • Renewable energy wind farm financing
  • Stor-Age’s successful inaugural bond auction
Back
Culture

Women of Corporate Investment Banking

Young Analyst Programme

Back
Insights

Articles

Get the competitive edge with leading insights from industry experts.
  • Africa's pathway to a climate-resilient economy
  • Commercial property trends 2022
  • Green energy in the developing world | Nedbank CIB
  • How sustainable finance creates value
  • How the property sector recovered in 2023
  • Two wins for sustainable finance leadership | Nedbank CIB
  • FURTHER IMPACT empowerment for entrepreneurs
  • There's a new buoyancy around water and sanitation
  • What happens when finance meets sustainability?
  • Africa’s renewable-energy projects
  • Breaking barriers for energy transition in mining

Conferences

Conferences sponsored by CIB
  • Industry leaders talk innovation disruption | Nedbank CIB
  • Market leaders in property finance | Nedbank CIB
  • African Mining Indaba | Nedbank CIB
  • COP 28 | Nedbank CIB
  • South Africa (SA) Auto Week | Nedbank CIB
  • IHS Affordable Housing Conference | Nedbank CIB
  • Africa Energy Forum | Nedbank CIB
  • Digital Immersion Conference | Nedbank CIB
  • NCIB’s Zhann Meyer speaks at annual GTR MENA 2025 | Nedbank CIB

Research

Register to access expert reports, analyses and up-to-date investment research.
  • Investor research
  • Investor-research
  • How loadshedding impacts inflation | Nedbank CIB
  • Investor Research
  • Investor Research
  • Investor Research
  • Investor Research
  • Investor Research
  • Investor Research
  • Investor Research
  • Investor Research
  • SA inflation trends, insights and projections
  • SA ex-ante real policy rate
  • SARB: Shifting to a 25 bps hike, from 50 bps
  • SARB MPC: Repo unchanged but still hawkish
  • Bonds, the monetary surprise and fiscal dominance
  • Upside for bond investments has compressed
  • The "weak China trade" on the rand exchange rate
  • Dovish inflation surprises and fiscal constraints
  • The ILB curve steepens, and we expect more
  • Investor Research
Back
Solutions

Corporate Finance

Nedbank CIB Corporate Finance is an award winning Corporate and Investment Banking team that provides clients with end-to-end M&A and debt/equity advice, equity markets, regulatory and sponsor advice.

Financing

Fund your business growth with innovative equity and sustainable finance solutions.

Investing

Find the investment option that gives your business real returns.

Markets

CIB offers a range of tailored financial solutions that enable clients to manage the risk of swings in value due to foreign exchange, inflation, interest rate, trade and other movements – a process called hedging – as well as deal in equities and bonds.
  • Research disclaimer

Nedbank Business Hub

Transacting

Stay in control and keep your assets safe with our bespoke transaction services.
Back
Sustainability
Back
Contact us
Alt Image
We use cookies to improve your experience. This is how you can manage your cookie settings.
logo
  • CORPORATE
    Personal Private Wealth Business Corporate Group
  • logo
    Back
    logo
    • About us
    • Culture
    • Insights
    • Solutions
    • Sustainability
    • Contact us
    • Search
    • Log in
    • Login & Register

    • Online Banking
    • Online Share Trading
    • NedFleet

    • Register for Nedbank ID
    • About us

    • Awards
    • Deals
    • Explore About us
    • Awards

    • Deals

    • R4bn Tronox deal funds two 100MW solar plants
    • Billions to help Redefine build green properties
    • Harmony pursues green goals with R10 billion loan
    • Cold solutions finance for cold storage facilities
    • International Finance Corporation green bond fund
    • Envusa energy deal: The way for renewable energy
    • Paladin Energy senior debt funding partnership
    • Renewable energy wind farm financing
    • Stor-Age’s successful inaugural bond auction
    • R4bn Tronox deal funds two 100MW solar plants

    • Billions to help Redefine build green properties

    • Harmony pursues green goals with R10 billion loan

    • Cold solutions finance for cold storage facilities

    • International Finance Corporation green bond fund

    • Envusa energy deal: The way for renewable energy

    • Paladin Energy senior debt funding partnership

    • Renewable energy wind farm financing

    • Stor-Age’s successful inaugural bond auction

    • Culture

    • Women of Corporate Investment Banking
    • Young Analyst Programme
    • Explore Culture
    • Women of Corporate Investment Banking

    • Young Analyst Programme

    • Insights

    • Articles
    • Conferences
    • Research
    • Explore Insights
    • Articles

    • Africa's pathway to a climate-resilient economy
    • Commercial property trends 2022
    • Green energy in the developing world | Nedbank CIB
    • How sustainable finance creates value
    • How the property sector recovered in 2023
    • Two wins for sustainable finance leadership | Nedbank CIB
    • FURTHER IMPACT empowerment for entrepreneurs
    • There's a new buoyancy around water and sanitation
    • What happens when finance meets sustainability?
    • Africa’s renewable-energy projects
    • Breaking barriers for energy transition in mining
    • Africa's pathway to a climate-resilient economy

    • Commercial property trends 2022

    • Green energy in the developing world | Nedbank CIB

    • How sustainable finance creates value

    • How the property sector recovered in 2023

    • Two wins for sustainable finance leadership | Nedbank CIB

    • FURTHER IMPACT empowerment for entrepreneurs

    • There's a new buoyancy around water and sanitation

    • What happens when finance meets sustainability?

    • Africa’s renewable-energy projects

    • Breaking barriers for energy transition in mining

    • Conferences

    • Industry leaders talk innovation disruption | Nedbank CIB
    • Market leaders in property finance | Nedbank CIB
    • African Mining Indaba | Nedbank CIB
    • COP 28 | Nedbank CIB
    • South Africa (SA) Auto Week | Nedbank CIB
    • IHS Affordable Housing Conference | Nedbank CIB
    • Africa Energy Forum | Nedbank CIB
    • Digital Immersion Conference | Nedbank CIB
    • NCIB’s Zhann Meyer speaks at annual GTR MENA 2025 | Nedbank CIB
    • Industry leaders talk innovation disruption | Nedbank CIB

    • Market leaders in property finance | Nedbank CIB

    • African Mining Indaba | Nedbank CIB

    • COP 28 | Nedbank CIB

    • South Africa (SA) Auto Week | Nedbank CIB

    • IHS Affordable Housing Conference | Nedbank CIB

    • Africa Energy Forum | Nedbank CIB

    • Digital Immersion Conference | Nedbank CIB

    • NCIB’s Zhann Meyer speaks at annual GTR MENA 2025 | Nedbank CIB

    • Research

    • Investor research
    • Investor-research
    • How loadshedding impacts inflation | Nedbank CIB
    • Investor Research
    • Investor Research
    • Investor Research
    • Investor Research
    • Investor Research
    • Investor Research
    • Investor Research
    • Investor Research
    • SA inflation trends, insights and projections
    • SA ex-ante real policy rate
    • SARB: Shifting to a 25 bps hike, from 50 bps
    • SARB MPC: Repo unchanged but still hawkish
    • Bonds, the monetary surprise and fiscal dominance
    • Upside for bond investments has compressed
    • The "weak China trade" on the rand exchange rate
    • Dovish inflation surprises and fiscal constraints
    • The ILB curve steepens, and we expect more
    • Investor Research
    • Investor research

    • Investor-research

    • How loadshedding impacts inflation | Nedbank CIB

    • Investor Research

    • Investor Research

    • Investor Research

    • Investor Research

    • Investor Research

    • Investor Research

    • Investor Research

    • Investor Research

    • SA inflation trends, insights and projections

    • SA ex-ante real policy rate

    • SARB: Shifting to a 25 bps hike, from 50 bps

    • SARB MPC: Repo unchanged but still hawkish

    • Bonds, the monetary surprise and fiscal dominance

    • Upside for bond investments has compressed

    • The "weak China trade" on the rand exchange rate

    • Dovish inflation surprises and fiscal constraints

    • The ILB curve steepens, and we expect more

    • Investor Research

    • Solutions

    • Corporate Finance
    • Financing
    • Investing
    • Markets
    • Nedbank Business Hub
    • Transacting
    • Explore Solutions
    • Corporate Finance

    • Financing

    • Investing

    • Markets

    • Research disclaimer
    • Research disclaimer

    • Nedbank Business Hub

    • Transacting

    • Sustainability

    • Explore Sustainability
    • Contact us

    • Explore Contact us
    Alt Image
    We use cookies to improve your experience. This is how you can manage your cookie settings.
    Important information regarding the discontinuation of electronic funds transfers (EFT) payments to Common Monetary Areas (CMA)

     

    Change in implementation date

    We recently communicated the important regulatory changes to the processing of EFTs and collections between all the CMA countries – that is South Africa, Namibia, Lesotho and Eswatini – from April 2024.

     

    On 3 April 2024, the Bank of Namibia decided to extend the effective date to 30 September 2024. After careful consideration, the regulators have decided to extend this deadline.

     

    The Common Monetary Area (CMA) regulators recently decided to discontinue processing electronic funds transfer (EFT) payments and collections within the CMA from April 2024. The Payments Association of South Africa is responsible for coordinating South Africa’s efforts to meeting this deadline. The CMA consists of South Africa, Namibia, Lesotho and Eswatini.

     

    Decommissioning of EFTs and the impact thereof

    Processing of CMA EFTs will be discontinued according to the following time frames:

    • 9 September 2024 – the final day of processing domestic EFT credit payments and EFT debit collections to and from Lesotho, Eswatini and Namibia.

     

    Due to these changes, and aligned with the effective dates for payments and collections to the relevant CMA country, you will no longer be able to:

    • make EFTs to accountholders in other CMA countries; using NetBank Business on the Nedbank Business Hub or the corporate payment system;
    • receive EFTs from other CMA countries unless they are initiated on a global banking channel; or
    • receive EFT collections from CMA countries.

     

    What must you do?

    If you want to continue making and receiving payments or collections to beneficiaries in a CMA country after September 2024, you can use our global payment platform, Global transactions on the Nedbank Business Hub or our global host-to-host solution to make and receive these payments.

     

    In future, debit order collection processing will only be supported in-country and debit orders that are collected from accounts within the CMA will have to be initiated from an account domiciled in Namibia, Lesotho or Eswatini. This will require access to an in-country banking service to submit debit order collections and the receivables and billing processing accounts. Alternatively, these debtors can initiate payments from the respective CMA countries to you using a cross-border service.

     

    Contact us

    If you want to continue making payments to or collections from beneficiaries in the CMA countries, or have any questions, please contact your banker to discuss the solutions that we can offer in more detail and start the set-up process.

    Scroll to top
    • Stay safe
    • Fraud Awareness
    Nedbank CIB
    Connect with us
    Bank with us
    Legal

    About us

    Articles

    Deals

    Contact us

    Book a trainer

    Remote technical assistance

    Log in to Online Banking

    Digital banking

    Promotions

    Code of banking practice

    Download Privacy notice

    FICA

    PAIA

    Research disclaimer

    Nedbank CIB

    About us

    Articles

    Deals

    Connect with us

    Contact us

    Book a trainer

    Remote technical assistance

    Bank with us

    Log in to Online Banking

    Digital banking

    Promotions

    Legal

    Code of banking practice

    Download Privacy notice

    FICA

    PAIA

    Research disclaimer

    nedbank

    Nedbank Ltd Reg No 1951/000009/06. Licensed financial services provider (FSP9363) and registered credit provider (NCRCP16)

    • nedbank-facebook
    • nedbank-linkedin
    • nedbank-instagram
    • nedbank-youtube
    • nedbank-twitter