About SEPA Direct Debit

SEPA Direct Debit is a single domestic and cross-border direct debit solution in 32 countries with immediate reconciliation of payments received.

First Cross border direct debit
SEPA Direct Debit is an European solution for euro-denominated direct debits. It operates on the basis of shared rules, processes, service levels and time frames.

As a payment instrument SEPA Direct Debit can replace the many different national direct debit solutions within the euro-zone.

Direct Debit benefits
By using SEPA Direct Debit as a collection instrument you will be able to:

• determine the exact payment date
• ensure settlement of payment within a pre-determined time limit
• get immediate reconciliation of payments received
• streamline cash flows and treasury management

Two solutions
SEPA Direct Debit has two schemes:

• SEPA Core Direct Debit is a payment collection scheme for both personal and corporate customers
• SEPA B2B Direct Debit is a payment collection scheme for corporate customers only

The two schemes use the same technical set-up and the same file-formats. They differ primarily with respect to debtors’ rights to refund.

More information
Read more about how to get SEPA Direct Debit.