Transfer order

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

Virement sepa et non sepa, lequel choisir ?

SEPA and non-SEPA international transfer, which one to choose for your cross-border payments?

Related definitions

Deposit slip

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

SDD

SDD stands for SEPA Direct Debit. It enables the collection of payments 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…

Direct debit order

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

SCT

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

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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Find all our definitions in the Glossary section.