Open for Business

Open for Business

Version 1.2 of the SDD B2B Scheme Rulebook approved

20 April 12

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The Business to Business option

The Business to Business Direct Debit Scheme ( ) is an optional scheme enabling payment service providers to develop specific direct debit products and services for business customers in the role of payers wishing to make payments by Direct Debit as part of their business transactions.

The four main differences between the Scheme and the Scheme are:

  • In the B2B Scheme the debtor is not entitled to obtain a refund of an authorised transaction.
  •  The B2B Scheme requires debtor banks to ensure that the collection is authorised by checking the collection against mandate information; debtor banks and debtors are required to agree on the verification to be performed for each direct debit.
  •  A debtor bank cannot offer the B2B Scheme to a debtor who is a "consumer" under the law of the country where that debtor bank is providing the payments services.
  • Responding to the specific needs of the business community the B2B Scheme offers a significantly shorter timeline for presenting direct debits and reduces the return period.
B2B Direct Debit Scheme now includes the e-mandate feature

Following the inclusion of the e-mandate option in the Core Direct Debit Scheme Rulebook in December 2008, this option has now also been incorporated into version 1.2 of the Rulebook.

The e-mandate option offers the possibility to create mandates through the use of electronic channels. A mandate is signed by the debtor (payer) to authorise the creditor (payee) to collect a payment and to allow the debtor bank to pay those collections. The e-mandate brings further advantages to debtors: the debtor avoids the inconvenience of printing, signing and mailing a paper form to the creditor by using a fully electronic process. The e-mandate facility is based on secure, widely used online banking services of the debtor bank and will be an optional service made available by banks.

A link to the Rulebook is provided below; Annex VII to the Rulebook includes a detailed description of the e-mandate option. Additional changes and clarifications compared to the previous version 1.1 of the Rulebook are listed in Annex III.

The Scheme will be launched on 2 November 2009.

Herman Segers is the Secretary General of the .

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