The aim of SEPA (Single Euro Payments Area) is to make it simpler and cheaper to send and receive euro payments by creating an integrated payments area across Europe.
SEPA will allow all European citizens and businesses in the EU to make payments from just one bank account and with a single set of payment instruments.
We have replaced existing direct debit mandates with SEPA mandates. Without these new authorisations, we won't be able to collect amounts owing.
More info on SEPA
New B2B direct debit mandate (with unique authorisation feature):