SEPA Direct debits

• The operations must be in euros
• The issuer and debtor must be legal persons and/or private individuals.
• All entities operating with debits must accept the basic system.
• Formalisation of a direct debit mandate/order between the issuer and debtor prior to the debit. Validity of the direct debit orders signed prior to the migration.
• It is compulsory to conserve the mandates and all their modifications or cancellations while they can be required to justify the existence of authorisation for a collection.
• An ISO 20022 SEPA XML 19-14 CORE file format is required, with additional data on the type of debit (first, recurrent, single or last) and the mandate (date of signature).
• The IBAN code becomes the standardised code of the debtor account.
• Debits will be submitted 3 business days in advance.
• Return periods:
  • 5 days for any reason.
  • Up to 8 weeks for a debtor customer order.
  • More than 8 weeks and up to 13 months for non-authorised payments (on the customer’s order). There exists the option of rejecting a return during the period by submitting a copy of the mandate in effect.

It is a type of SEPA direct debit, designed specifically for monetary transactions between legal persons (companies or self-employed persons), with which a homogeneous payment system is established in the adhered states that enables the management of collections and payments with the same ease, security and cost, both within our borders and in the European market.

With the business or B2B type, the term for the return of unpaid debts is reduced to only three days, which improves your commercial risk and the management of unpaid debts, while reducing the risk of default.

The B2B scheme is optional. In the case of a transaction with a non-adhered entity, the mandatory SEPA CORE scheme will be used. You can view the updated list of member countries and entities (both in this country and from the rest of the European Economic Area) that adhere to the B2B scheme at the following link of the European Payments Council (EPC).

Requirements for issuing direct debits in the business-to-business (B2B) scheme:

• Transactions must be in euro
• The issuer and debtor must be legal persons and/or non-consumer self-employed workers.
• Prior formalisation of a new direct debit mandate/order between the issuer and debtor specifying the acceptance of a B2B-mode operation and the latter’s waiver of the right to reimbursement once the debit has been performed. No reimbursement is possible.
• The issuer’s obligation to preserve the mandates and all their modifications and cancellations for as long as they may be required to justify the existence of authorisation for a collection.
• An ISO 20022 SEPA XML 19-44 B2B file format is required, with additional data on the type of debit (first, recurrent, single or last) and the mandate (date of signature).
• Use the IBAN code as a standardised identifier for the debtor’s account instead of the CAC (customer account code).
• Submission of the debits three business days in advance.
• The entities will request authorisation from the drawee before the debit is performed.

You have at your disposal a range of applications and online tools of Banco Sabadell for these payment instruments

• Manage new direct debit mandates, which is an essential requirement to operate with this type, through the service of obtaining these mandates offered by the partner firm Logalty .
• View the new standardised Debit Orders  :
  • Application form – Direct debit order SEPA-CORE
  • Application form – Direct debit order SEPA-B2B
• We make available to you the updated specifications for issuing SEPA Direct Debit files:
  • Standard 19-14 for SEPA-CORE direct debit
  • Standard 19-14 for SEPA-CORE direct debit in ISO 20022 (XML) format. direct debit
  • Standard 19-44 for SEPA-B2Bdirect debit
  • Standard 19-44 for SEPA-B2B direct debit in ISO 20022 (XML) format.direct debit

• Make your own files with the application available in the Files and applications.section (only Spanish).