Direct debit order

A direct debit order is an instruction to a bank to debit an amount due from a specific bank account.

Related definitions

SDD stands for SEPA Direct Debit. It enables the collection of payments in euros in the 36 member countries of

A treasury transfer is the transfer of money between two bank accounts belonging to the same company or group…

A direct debit enables a sum of money to be withdrawn automatically from the debtor’s bank account, as in the

SCT stands for SEPA Credit Transfer. It enables payments to be made in euros in the 36 member countries of

Whether you’re talking about a transfer remittance or a direct debit remittance, the remittance form must be filled…

A transfer order is given by the owner of a bank account, whether an individual or a company, to pay

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