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24/7 National Hotline: 0860 163 272 | Email: info@neasa.co.za

COIDA: Change of Banking Details.

Sep 30, 2025

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Dear employer


The Department of Employment and Labour published a notice announcing updated banking details for the Compensation Fund.


The newly designated Nedbank accounts are as follows:

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All employers, beneficiaries, service providers and any other stakeholders are advised to adhere strictly to the prescribed reference numbers to ensure accurate payment reconciliation. The failure to comply with these new directives may result in delays in processing payments.


For all COID-related enquiries, send an email to coid@neasa.co.za


For more information

NEASA Media Department

media@neasa.co.za

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