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PASA PASA PASA

Mission Statement

PASA has the responsibility to manage the South African payment clearing system in order to:

  • provide the South African banking community with safe and efficient facilities to exchange payments;
  • protect the integrity of the payment system;
  • manage the clearing and settlement risks in the payment system;
  • facilitate access of participants and prospective participants to the payment system on a fair and equitable basis;
  • facilitate communication between participants; and enable proper understanding of the system and the rules applicable to it.