SDD Core definition
SDD Core means a direct debit scheme which enables the payee to collect the given euro amount from the payer’s payment account, provided the payer has authorised the payee in advance and in writing to do so.
SDD Core means a direct debit scheme which enables the payee to collect the given euro amount from the
Examples of SDD Core in a sentence
It is executed by the Bank if it is received in accordance with the rules set out in the SDD Core Rulebook.
Il est exécuté par la Banque s'il est reçu dans le respect des règles définies dans le SDD Core Rulebook.
All PSPs participating in the SDD Core Scheme can adhere to the SEDA service.
CORE Direct Debit Scheme (SDD Core) - scheme available to both individual and corporate payers.
All ABI-associated PSPs participating in the SDD Core Scheme8 must participate in the “Basic” module of the SEDA service.
Interbank settlement date SDD Core Rulebook Date when the interbank settlement is carried out.