• 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

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