The Single Euro Payments area (known under the acronym SEPA) is a European Union (EU) initiative to harmonize payments in the eurozone. Its aim is to make European payments as simple and cheap as nationals through the creation of a single market for euro-denominated payments.
Through the SEPA DOMICILED RECEIPT service, you may make a domiciliation order with which the debtor authorizes and consents to the creditor:
With the SEPA Domiciled Receipt, the differences between national and cross-border payments are eliminated, which refers to the following operations: domiciliation, transfers and card payments.
This service is very beneficial for the collection of clients by means of domiciled receipts in need of an explicit authorization so that your bank will charge the amounts in your account.
WITH THE GUARANTEE OF