Skip to content
Login Free trial
Home » Blog » Direct debit order

Direct debit order

Direct debit order

A direct debit order is an instruction to a bank to debit an amount due from a specific bank account.

Related definitions

ISO 20022

International standard used for the exchange of financial data (payments, direct debits) between companies and banks, or between financial institutions.

Read more


SCT stands for SEPA Credit Transfer. It enables payments to be made in euros in the 36 member countries of

Read more


Whether you’re talking about a transfer remittance or a direct debit remittance, the remittance form must be filled…

Read more

Direct debit

A direct debit enables a sum of money to be withdrawn automatically from the debtor’s bank account, as in the

Read more

Need more information?

Find all our definitions in the Glossary section.

Contact us