The scheme gives both the billers and the business payers efficiency gains thanks to the automation of payment processing, and an improved liquidity, as the bills are automatically paid when they are due.
Scheme participants can find on this page the rulebooks, the Implementation Guidelines (), and other relevant documents to implement the scheme in their systems.
The Direct Debit Business-to-Business rulebook in effect until November 2019 is the 2017 Direct Debit Business-to-Business rulebook version 1.1.
The to the 2017 rulebook version 1.1 are based on the 2009 version of ISO 20022.
Annex III of the 2017 rulebook version 1.1 lists all changes compared to the version 1.0 of the 2017 rulebook.
The only changes concern regulatory changes stemming from the guide for the assessment of direct debit schemes against the oversight standards of the Eurosystem. With these changes, each scheme participant is obliged to comply with 'generic supervisory requirements' applicable to them, on top of the existing obligation to comply with applicable rules and regulations. These rulebook changes do not affect the operational and business rules of the rulebook.
The term 'generic' relates to supervisory requirements that are applicable to all in . However, it does not cover tailored supervisory requirements that supervisory authorities may impose in addition to a particular . Such specifically defined supervisory requirements are not publicly disclosed.
Clarification paper on SEPA Direct Debit Core and SEPA Direct Debit Business-to-Business rulebooks
The SDD Mandate
Clarification letter on electronic mandates to SEPA Direct Debit scheme participants
Recommendation on customer reporting of SCT and SDD
Guidance on reason codes for SEPA Direct Debit r-transactions
Explanatory note on use of ‘COR1’ and ‘SMNDA’ in SDD R-transactions
SEPA requirements for an extended character set (UNICODE subset) - best practices
Creditor identifier overview
2017 payment threats and fraud trends report