The European direct debit was introduced at the end of 2009. It will replace the Belgian direct debit for good as of 1 February 2014. This is, indeed, the scheduled end-date for the domestic credit transfer and direct debit mechanisms.
View the demo (FR / NL)
The European direct debit changes the rules for managing mandates and for collection notification periods.
Find out what's different
The direct debit mandate is a contract between the recipient and the payer for the payment (one-off or recurrent) of their mutual sales agreement. Several elements are legally required in the mandate.
European direct debits enable you to collect your payments faster and more efficiently, but also less expensively and more flexibly. Management of your direct debits is also becoming more efficient.
Find out about the advantages for business
Like to know all about European direct debits? What changes they will bring for recipients and payers? What benefits PC banking Pro offers you when working with European direct debits? And what rules apply in the case of business-to-business direct debits? You will find all the answers in:
The Febelfin brochure on European direct debits (FR / NL)
Our European direct debit demo (FR / NL)
Thanks to PC banking Business, a mono-banking application designed primarily for businesses (legal persons), you can manage your company's day-to-day cash quickly, simply and securely.
Since 1 April 2010, the date on which the Payment Services Directive (PSD) came into force, debtors have had certain additional rights. There is now a clear-cut procedure for your customers to reject a payment order and dispute its collection.
Read all about this improved protection