SEPA Collection Service

If you regularly collect payments from customers in the eurozone and want automatic payment processing, our SEPA Direct Debit Collection Service module could help you.

The SEPA Direct Debit Collection Service module in Business eBanking enables businesses to make direct debit payments in Euros to all Single European Area (SEPA) countries. The SEPA countries are the European Union member states plus Iceland, Norway, Liechtenstein, Switzerland, Monaco and San Marino. 

SEPA Direct Debit is an interbank payment solution for euro denominated Direct Debits. It operates on the basis of shared rules, processes, service levels and time frames.

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