description
The SEPA Direct Debit Mandate provides them with the legal legitimacy to collect direct debits. A mandate includes both the payer's consent to collect the payment and the instruction to the payer's own bank to redeem the payment.
In order to participate in this direct debit procedure, you as a company must have a creditor identification number (unique identification number for direct debits of a creditor). You can inquire about these at the Deutsche Bundesbank.
advantages
- Support for the three procedures: SEPA basic direct debit, SEPA corporate direct debit and SEPA-- CORE 1 basic direct debit
- Quick creation of a mandate
- Overview of active and inactive mandates in the client base
- Automatic creation of a transfer file for your banking software such as Profichash
