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

Related definitions


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

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SCI stands for SEPA Creditor Identifier. All creditors wishing to issue SEPA direct debits must have an SCI enabling them

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

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