{"id":41,"asset_id":"150","title":"How do I register?","alias":"registration-as-a-payment-distribution-agent-pda","introtext":"<p><strong>Documents and information required for the application for Registration as a PDA in terms of Section 44A of the Act<\/strong><\/p>\r\n<ol type=\"1\">\r\n<li>Completed and signed application form (form 46).<\/li>\r\n<li>Companies and Intellectual Property Commission (CIPC) registration document.<\/li>\r\n<li>Copy of the company\u2019s share certificate (if applicable).<\/li>\r\n<li>Certified copies of ID\/Passports of all the members or directors of the company.<\/li>\r\n<li><a href=\"documents\/PDA\/Resolution- PDA.DOC\">Resolution<\/a>.<\/li>\r\n<li>A Criminal Clearance Certificate for all the members\/directors of the company issued by the South African Police Services (SAPS) or other service providers listed in the annexure <a href=\"documents\/PDA\/List of service providers for criminal clearance certificate.xlsx\">attached hereto<\/a> marked A. The clearance certificate must not be older than six (6) months. (Please create a link)<\/li>\r\n<li>A bank guarantee letter for R5 million in favour of the NCR.<\/li>\r\n<li>Confirmation of indemnity cover.<\/li>\r\n<li>Proof of payment of the registration fees:\r\n<ol type=\"i\">\r\n<li>Non-refundable application fee of R550.00;<\/li>\r\n<li>Initial registration fee of R100 000.00;<\/li>\r\n<li>Branch fee of R250.00 per location or premises.<\/li>\r\n<\/ol>\r\n<\/li>\r\n<li>A letter from the bank confirming the applicant\u2019s banking details or a copy of a cancelled blank cheque or stamped copy of the bank statement.<\/li>\r\n<li>Auditors\/accounting officer\u2019s letter of appointment.<\/li>\r\n<li>Proof of registration with the Payment Association of South Africa (PASA).<\/li>\r\n<li>Copy of the tax clearance certificate issued by the South African Receiver of Revenue Services (SARS).<\/li>\r\n<li>Group\/company organogram (company structure). Copies of the legal registration documents and nature of business for each entity within the group (if applicable).<\/li>\r\n<li>Information of the executive, non-executive directors\/members;\r\n<ol type=\"i\">\r\n<li>Name of employee;<\/li>\r\n<li>Position in organization;<\/li>\r\n<li>Qualifications;<\/li>\r\n<li>Experience (number of months, years in current role and similar role).<\/li>\r\n<\/ol>\r\n<\/li>\r\n<li>Copy of the latest management accounts (if applicable).<\/li>\r\n<li>Copy of the latest annual financial statements (if applicable).<\/li>\r\n<li>Copy of information security policy.<\/li>\r\n<li>Business continuity management plan.<\/li>\r\n<li>Fraud prevention policy.<\/li>\r\n<li>Human resource policies.<\/li>\r\n<li>Copy of disaster recovery plan.<\/li>\r\n<li>Copy of the policy and procedures for handling questions, concerns and complaints of consumers, alternative dispute resolution agents, debt counsellors or credit providers.<\/li>\r\n<li>A detailed due diligent report compiled by an independent auditor appointed by the applicant at the applicant\u2019s own cost<a href=\"documents\/PDA\/Audit review requirements for PDAs.docx\"> (scope of work attached).<\/a><\/li>\r\n<\/ol>\r\n<p><strong>For further information regarding the application process, please contact the Registrations Department at telephone number 011 554 2700 or email <a href=\"mailto:registrations@ncr.org.za\">registrations@ncr.org.za<\/a><\/strong><\/p>","fulltext":"","state":1,"catid":"25","created":"2019-04-11 10:02:29","created_by":"915","created_by_alias":"","modified":"2020-09-11 16:48:09","modified_by":"915","checked_out":"915","checked_out_time":"2020-09-11 16:47:26","publish_up":"2019-04-11 10:02:29","publish_down":"0000-00-00 00:00:00","images":"{\"image_intro\":\"\",\"float_intro\":\"\",\"image_intro_alt\":\"\",\"image_intro_caption\":\"\",\"image_fulltext\":\"\",\"float_fulltext\":\"\",\"image_fulltext_alt\":\"\",\"image_fulltext_caption\":\"\"}","urls":"{\"urla\":false,\"urlatext\":\"\",\"targeta\":\"\",\"urlb\":false,\"urlbtext\":\"\",\"targetb\":\"\",\"urlc\":false,\"urlctext\":\"\",\"targetc\":\"\"}","attribs":"{\"article_layout\":\"\",\"show_title\":\"\",\"link_titles\":\"\",\"show_tags\":\"\",\"show_intro\":\"\",\"info_block_position\":\"\",\"info_block_show_title\":\"\",\"show_category\":\"\",\"link_category\":\"\",\"show_parent_category\":\"\",\"link_parent_category\":\"\",\"show_associations\":\"\",\"show_author\":\"\",\"link_author\":\"\",\"show_create_date\":\"\",\"show_modify_date\":\"\",\"show_publish_date\":\"\",\"show_item_navigation\":\"\",\"show_icons\":\"\",\"show_print_icon\":\"\",\"show_email_icon\":\"\",\"show_vote\":\"\",\"show_hits\":\"\",\"show_noauth\":\"\",\"urls_position\":\"\",\"alternative_readmore\":\"\",\"article_page_title\":\"\",\"show_publishing_options\":\"\",\"show_article_options\":\"\",\"show_urls_images_backend\":\"\",\"show_urls_images_frontend\":\"\"}","version":5,"ordering":"1","metakey":"","metadesc":"","access":"1","hits":"24","metadata":"{\"robots\":\"\",\"author\":\"\",\"rights\":\"\",\"xreference\":\"\"}","featured":"0","language":"*","xreference":""}