Reversal of payment rights
Payment Reversal Conditions for SEPA Direct Debit Transactions
This section details the conditions under which a reversal of payment is possible for SEPA Direct Debit transactions.
Payment Reversal Periods
| Combination | Active Reversal of Payment Possible | Payment Reversal Period | MOI Possible | MOI Period | Pending Period eMandate |
|---|---|---|---|---|---|
| SEPA Direct Debit B2C (Core) without eMandate | Yes | 56 days | Yes | 13 months | Irrelevant |
| SEPA Direct Debit B2C (Core) with eMandate | Yes | 56 days | No | - | Consumer: up to 30 min. Business: up to 1 week |
| SEPA Direct Debit B2B without eMandate | No, unless registered | - | No, unless registered | - | Irrelevant |
| SEPA Direct Debit B2B with eMandate | No | - | No | - | Business: up to 1 week |
Additional Information
- Approval and Offering: The mandate has to be approved by the issuer of the authorization and offered to the main bank. Otherwise, the B2B SEPA DD cannot be executed.
- eMandate Execution: With an eMandate, a B2B SEPA DD can be executed directly without having to exchange a mandate (paper copy) with the bank.
Participating Banks for eMandates
Not all banks offer their customers eMandate support. Check the overview of participating banks in the Digital Direct Debit Authorization overview.
Updated about 2 months ago