The Business to Business option
The Business to Business Direct Debit Scheme ( B2B) 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 Core Scheme and the B2B Scheme are:
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 B2B 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 B2B 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 B2B Rulebook are listed in Annex III.
The B2B Scheme will be launched on 2 November 2009.
Herman Segers is the Secretary General of the .
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