Compare SEPA Direct Debit Core and SEPA Direct Debit B2B
What is the difference between the SEPA Core Direct Debit Scheme and the SEPA Business-to-Business Direct Debit Scheme?
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| SEPA Core Direct Debit | SEPA B2B Direct Debit |
|---|---|
| For directly debiting both private and business debtors | For directly debiting business debtors |
| Debtor has the option to obtain a refund | Debtor does not have the option to obtain a refund |
| If you have a valid mandate for the former 'Nederlandse incasso doorlopend' (recurrent), your customer need not sign a new mandate. You should however make sure that you administer all the data that are required on a SEPA mandate. | Your customer must sign a new mandate |
| The mandate is not verified by the debtor's bank | The mandate is verified by the debtor's bank |