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What is the SEPA direct debit mandate?
What is the SEPA direct debit mandate?

direct debit procedure explained

André Bauss avatar
Written by André Bauss
Updated over a week ago

The SEPA Direct Debit Mandate is a statement of consent that allows a creditor (company, merchant or organization) to collect payments from a payer's (customer's) bank account.

SEPA stands for "Single Euro Payments Area" and enables cross-border euro payments within 36 European countries.

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