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SEPA Direct Debits for Debtors

Single Euro Payments Area (SEPA) Direct Debit for Debtors enables you to make cross-border direct debit payments for goods and services throughout all the SEPA countries. If you have regular bills to pay from suppliers in SEPA countries, you will be able to pay these bills in Euros from your TSB Bank plc current account by direct debit.

Overview

The Core Scheme is primarily intended for consumers, including private individuals and micro-enterprises.

Key features

  • Easy to arrange
  • Payments can be made from your current account (payments cannot be made from deposit accounts)
  • Peace of mind with the certainty and precision of payment collection
  • Collections are denominated in Euros
  • You can simplify the payment of funds across Europe
  • Direct Debit mandate is held by your creditor, not by us
  • Makes it easier for you to operate on a pan-European basis

If you need to call us from abroad, or prefer not to use our 0345 number, you can also call us on +44 (0)203 284 1576, to speak to one of our advisors.

Useful documents

SEPA Direct Debit for Debtors

Get started today

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Monday to Friday 8am to 6pm

Saturday 9am to 2pm (excluding UK public holidays).

If you have a hearing or speech impairment you can contact us using Text Relay or Textphone on 0345 835 3852 (lines are open 8am – 6pm Monday to Friday, 9am – 2pm Saturdays).

Your Business Banking Call Centre is available from 8am to 6pm Monday to Friday and 9am to 2pm Saturday (excluding UK public holidays).

Calls may be monitored and recorded in case we need to check we have carried out your instructions correctly and to help us improve our quality of service. Not all telephone banking services are available 24/7.

TSB Bank plc. Registered Office: Henry Duncan House, 120 George Street, Edinburgh, EH2 4LH. Registered in Scotland, no. SC95237.

Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 191240.

TSB adheres to The Standards of Lending Practice for business customers which are monitored and enforced by the Lending Standards Board. Read more about our lending commitments to you (PDF, 400KB).

TSB Bank plc is covered by the Financial Services Compensation Scheme and the Financial Ombudsman Service. (Please note that due to the schemes' eligibility criteria not all TSB business customers will be covered by these schemes).

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