Create SEPA Direct Debit Payment

Use this page to create a SEPA Direct Debit Payment. Enter, select, or review the following information as indicated.

Payment Information
Payment Account
The account from which the payment originates
IBAN
If the selected Payment Account is associated with an IBAN, the IBAN is displayed
Creditor ID
Select from a list of Creditor IDs. If only one Creditor ID is present, the system displays it as read-only.
Note: Creditor IDs are created in the Administration section of the banking application.
Scheme
Select a scheme. The dropdown menu shows the schemes that are available for this Payment Account.
Payment Sequence
Select a payment sequence. The dropdown menu shows the available options.
Amount Currency
Select one of two options to activate that field at the Recipient level:
- Recipient Currency ( ) - Form of currency selected for Recipient Currency shown in parenthesis ( )
- Payment Account Currency ( ) - Form of currency selected for Payment Account shown in parenthesis ( )
Displayed only for multi-currency payments.
Rate
The currency rate for the transaction.
Displayed only for multi-currency payments.
Customer Reference
Identifier for the transaction
Category Purpose
Select a Category Purpose Code to designate how the payment is to be processed
Posting Indicator
Select a Posting Indicator from the list:
Per Payment - One debit entry is posted for a group of credit instructions
Per Recipient - One debit entry is posted for each individual credit instruction
Payment Schedule
Payment Date
Date the payment is scheduled to be sent to the financial institution
Frequency
For Recurring Payments, the number of payments to process over the selected period of time
Ordering Customer
Select Add Information to display additional fields to enter ordering customer information to include with the payment.
Workflow
Select to save the information as a template.

Recipients

Recipient Name
The name of the recipient. Maximum of 30 characters allowed.
IBAN
Identifier for the Recipient Account used in place of an account number.
Recipient Contact Information
Physical address for the recipient.
Country
Select an ISO country
ID Type
Select a form of identifier for the Recipient. Once you have selected an ID type, certain fields will display based on configuration.
Bank
The bank where the Recipient holds the account. You can select from the Preferred or Full Bank lists, or enter the Bank information.
Mandate ID
Authorization for the Company to debit the Recipient's account for a specific purpose.
Signature
Enter an electronic validation for the mandate.
Signature Date
Select the date for the signature from the Calendar widget.
Options
Select both or either of the following options.
- Save to Master Recipient List
- Amend Mandate - this option allows you to amend a pre-existing mandate for the recipient.