To gain insight into the non-abelian Born-Infeld (NBI) action, we study coi
nciding D-branes wrapped on tori, slid turn on magnetic fields on their wor
ldvolume. We then compare predictions for the spectrum of open strings stre
tching between these D-branes, from perturbative string theory and from the
effective NBI action. Under some plausible assumptions, we find correction
s to the Str-prescription for the NBI action at order FS. In the process we
give a way to classify terms in the NBI action that can he written in term
s of field strengths only, in terms of permutation group theory. (C) 2001 E
lsevier Science B.V. All rights reserved.