NEDCONNECT

Nedbank CPS Connect Direct

Setup EFTXpress Banks

Note :Nedbank does not include the year in the statement name. To avoid issues with duplicate names when a new year begins, use the ‘Duplicate Statement Name’ option. This will help ensure you don't encounter any problems with statement names in the future.

EFT Bank Setup Enter Values for the Following
Bank Format	NEDCONNECT
Account Number	This is the account number used for this profile that you are paying from.
General Options Tab Additional Bank Export Fields
Client Profile	Unique Number from Nedbank. This number is supplied by Nedbank for your client. Please request this from Nedbank
Charges Acct.	Account from which CPS bank charges/fees will be taken to pay for the EFT transfers. Has to be a Nedbank account. Can be the same as the nominated account.
It is recommended to setup the file name as below. These fields will be used in the File Setup tab.
Optional Field 1	Unique Code from Nedbank e.g. AA7	Nedbank will assign a unique two-length alpha character code to each of the CPS corporate clients. ‘***’ represents the client identifier AA, AB, AC, etc. This unique code will be incorporated into the file name as displayed above. The three digits, represented by 000, represent a sequential number (starting from 001 and going up to a maximum of 999) that the client, on a daily basis, needs to incrementally increase per file type on submission of new files. The sequential numbering has to be reset every day per file type.
Optional Field 2	I.	This specifies this file as an upload and can be changed should the bank change the naming convention.
Optional Field 3	.D0.SQ320.	As specified by Nedbank as part of the file name.
SFTP Setup Tab Output
Click here for more information on how to set up your SFTP.
Statement Setup Tab by EFT Bank or Miscellaneous Code
My Statement Reference	This is the nominated reference that will reflect on the nominated account statement. e.g. My Statement Description.
Beneficiary Reference	This is the reference that will appear on the destination account statement. e.g. their Statement Description.
File Setup Tab Select Custom from the Name Field
Own Description	PNGG00.CDPACK. (Use QNGG00.CDPACK. for testing.)
Segment 1	Optional Field 1, length 3, no formatting
Segment 2	Optional Field 2, length 1, no formatting.
Segment 3	File Sequence, length 3, Right Justify, Zero Fill
Segment 4	Optional Field 3, length 9, no formatting
Example	QNGG00.CDPACK. AA7I001.D0.SQ320
C/B Miscellaneous Codes Address & EFT Tab
Select the drill down/F9 screen for captions specific to your bank format.
Field in Grid	Actual Field Name	Value Required
Account Number	Destination Account Number	Any valid account number.
Branch Code	Destination Branch Code	Any valid branch code.
BOP Reason	Destination Account Name	This must be in uppercase and must contain the name of the destination account holder in the format: surname followed by initials.
BOB Category	Client Type	Client types, with the associated codes: Default - 01 Financial institution - 01 Private client - 02 Private non-residential client – 03
Code	Service Type	Check service type tables in manual.
BOP reference	Entry Class	Entry Class
Country Code	BDF Indicator	BDF payment indicator is 'B' (Only for BDF payments).
Setting Up the File Name Setup EFTXpress Bank
File Naming Convention During Testing	QNGG00.CDPACK. I000.D0.SQ320*	Note: A ‘Q’ will be used instead of a ‘P’ for the first character.
Standard File Naming Convention for Format	PNGG00.CDPACK. I000.D0.SQ320	The three digits, represented by 000, represent a sequential number (starting from 001 and going up to a maximum of 999) that the client, on a daily basis, needs to incrementally increase per file type on submission of new files. The sequential numbering has to be reset every day per file type.