Non-authenticated early debit order (NAEDO)

NAEDO is a collection system that allows you to set future dated collections to take place early in the day, closer to the payment window, to improve collection rates.

Features and benefits:

• You control the collection process
• Your collection rates are improved
• NAEDO gives you the ability to monitor your accounts proactively on collections for up to 32 days
• Direct debits are cheaper than cash or cheques
• Your exposure to risk is reduced as there are no physical deposits made on your premises
• Information is turned around speedily
• All information is available online
• Multiple transactions are reflected as a single entry on your bank statement
• All activity is tracked via audit trails and response files
• NAEDO reports serve as proof of collections
• An account validation option is available

How to access the NAEDO service

Minimal development is required for existing Business Online users.