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Extending direct debit mandates to SEPA indirect participants

over 1 year ago by Lina Mechat

[2023-07-19] We now support direct debit mandate management for SEPA indirect participants with four additional flows.

SEPA indirect participants can:

  • Specify a direction in the direct debit mandate object: either outgoing or incoming
  • Specify an originating account - which includes a creditor identifier - in the direct debit mandate object
  • Block an incoming direct debit mandate, and automatically reject incoming direct debits referring to this mandate
  • Authorize a previously blocked direct debit mandate