SEPA Direct Debit (SDD)

The Registers set out a list of Participants adhering to the SEPA Core Direct Debit Scheme (SDD Core) and to the SEPA B2B Direct Debit Scheme (SDD B2B). There are separate Registers for the SDD Core and the SDD B2B Schemes, respectively.

What is a participant?

A participant is an entity that satisfies the eligibility criteria set out in section 5.4 of the SDD Rulebooks and adheres to the SDD Core and / or SDD B2B Schemes. A participant that is established in a SEPA jurisdiction may have one or more branches within SEPA.

A branch does not have a separate legal personality from that of the legal entity of which it is part, and therefore cannot adhere to the Scheme in its own right. However, its participation in the Scheme is automatically covered by the adherence of the legal entity of which it is part.  

A subsidiary of a participant does have an independent legal personality, and it must adhere to the Scheme in its own right in order to become a participant.  Its application will not be covered by that of its parent.

With the exception of  Third Country Branches, the Register of Participants is a list of  legal entities within SEPA that have adhered to the SDD Core and / or SDD B2B Schemes. The Register therefore includes the names and details of such legal entities only.  It does not include the names and details of their SEPA branches. 

To download the Register of Participants, click here.

Important note on reference BICs

The BICs that are listed in the Register of Participants are reference BICs only, and must not be relied upon to be valid routing BICs.  Any person using these BICs for routing rather than reference purposes does so at their own risk.

Routing information

For routing purposes for SDD payments, Participants are responsible for providing the CSM(s) of their choice (including PE-ACH as appropriate), all the BICs assigned to the Participant and its branches, and agreeing with the CSM(s) which delivery channel is to be used for each BIC. Reliable and up-to-date information as to which routing BICs are reachable through SDD may be obtained from CSMs, from PE-ACH, and from third-party providers of routing directory services.

Note that the organisations listed on the 'Clearing and Settlement Mechanisms' page on this website have committed to process only those SDD payments containing routing BICs that have a correspondence with reference BICs contained in the EPC Register, and to reject all others.