The SADC Banking Association is a voluntary association of National Banking Associations in the Southern African Development Community trade bloc. It is mandated by the Finance and Investment Protocol and it reports into the Committee for Central Bank Governors in SADC (CCBG). Its secretariat is at the South Africa Banking Association (BASA).

Contents

Key Objectives

Regional Financial Integration Role of the SADC Banking Association

SADC BA SADC Payments Mandate

The SADC Banking Association received the following mandate from the CCBG Payments sub-committee;

SADC BA Key Principles

The SADC Payments Project

Provides the opportunity to inform the development of financial market infrastructure to support inter and intra-regional trade. • Interventions focused only in the cooperative (non-competitive) space. • Multiple payments streams are a part of the overall payments project including 1)Priority Payments 2) Credit Transfers 3) Direct Debits 4) Card POS Transactions 5) Card ATM Transactions

References