Contact today for information or an online demonstration

Email: [email protected]

Telephone: +353 21 4979817

What Do I Do Now?

There are a number of steps that the Creditor must undertake to start collecting funds through SEPA Direct Debits.

To Do - Now

1. Prepare a SEPA compliant mandate form to be filled out by your customers.  Your bank may request a copy of this form.  (Business Software Solutions provide sample forms as part of its migration pack). .
2. Apply to your bank to become a SEPA Creditor and to issue you a "Creditor ID".  This replaces the old OIN (Originator Identification Number).  Please note that approval is not an automatic process.  You typically need to demonstrate an appropriate trading history and have a satisfactory history with your bank before they approve you to become a Direct Debit Originator.

To Do - When You Have Been Approved By Your Bank

1. Set up your SEPA Direct Debit software and configure it with your bank details and Creditor ID issued by your bank. (Business Software Solutions can assist you with this process).
2. Produce test XML files and submit them to your bank for verification.
3. Populate your live system with the relevant information on all your customers.  If possible scan an image of all the customer mandate forms and store the electronic and paper copies safely for future reference.  You may be required to provide a copy at some date in the future. (Our product allows you to link electronic copies of the mandate to the system for easy reference).

Business Software Solutions have a dedicated team with conversion packs ready to help you prepare for SEPA.  We offer a choice of two software products:

• SEPA Direct Debits system - providing full end to end mandate mangemet and direct debit file production. 
• SEPA Converter - for organisations where replacing the existing direct debit production software is not an option.

We also provide an easy to use SEPA Credit Transfer system to allow businesses pay their suppliers with minimal administration.

Telephone : +353 21 4979817

Email : [email protected]