In May 2019, the published the version 1.2 of the dedicated clarification paper on the Direct Debit ( ) Core and Business-to-Business (B2B) rulebooks.
The paper addresses operational aspects related to the Core and B2B rulebooks and seeks to ensure consistent implementation of the two direct debit rulebooks by payment service providers participating in the schemes. The paper, which will be updated from time to time, as required, provides guidance and, where feasible, recommendations to scheme participants on how to handle situations that are not described in the rulebooks.
This document replaces the version 1.1 of the clarification paper. It applies to the currently applicable 2017 Core and B2B rulebooks and to the version 1.0 of the 2019 Core and B2B rulebooks.
The main change concerns a new section 2.3 clarifying the relationship between the Creditor and the Creditor Reference Party and the implications for the Mandate and the Collection.
Organisations or private persons who use the schemes to collect funds from Debtors, may use another organisation to do the collection of these funds on their behalf. Such a funds collection set-up creates a relationship between a Creditor and a Creditor Reference Party. Confusion could thus arise about which party should be formally considered as the Creditor and the Creditor Reference Party in the mandate and in the collection file.
The also conducted an annual review of the other sections of the clarification paper and made only minor editorial changes.