With the entry into SEPA Direct Debit (European Direct Debit) companies have the possibility of cross boarder direct debiting.

There are some preconditions to be fulfilled befor using direct debit:

• A new form which the debtor has to sign
• The paper form (mandate) must be dematrialized (transformed into electronic data)
• Companies have to apply for a so-called creditor-id
• The format XML is manadory

Our Mandate Management Service will help you to fulfill all these requirements without any effort.

By offering additional services on this topic we enhence our range of services. You can find further information under „Mandate Management Details“.