SDD

SDD stands for SEPA Direct Debit. It enables the collection of payments in euros in the 36 member countries of the SEPA.

Related definitions

Transfer order

A transfer order is given by the owner of a bank account, whether an individual or a company, to pay

SCT

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

Remittance

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

Treasury transfer

A treasury transfer is the transfer of money between two bank accounts belonging to the same company or group…

Deposit slip

The deposit slip is a document handed over by a client to his banker, as part of a deposit or

ISO 20022

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

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