Understanding B2B SEPA direct debits

The different types of B2B direct debit

There are two main types of B2B direct debits:

SEPA direct debits

SEPA B2B direct debits are specifically designed for designed for recurring business-to-business transactions . It is also used by public bodies for payments such as VAT to the Public Finance Department.

Faster and more secure, SEPA direct debits do not allow for no reimbursement to the debtor once payment has been made.

Core sampling

The core or B2C direct debit or SDD Core is the standard SEPA direct debit, which can be used by private individuals and professionals. is commonly used for personal payments, where the debtor sends his IBAN to the creditor . For this type of direct debit, the creditor must notify the debtor at least 14 days before the direct debit.

Which account is authorized for B2B direct debits?

For B2B direct debits, a business account is generally required. Business-to-business transactions involve funds linked to commercial activities. A dedicated account therefore makes it possible to clearly separate business finances from personal transactions.

Companies use their business account to authorize and manage B2B direct debits.

In addition the debtor's bank account is authorized by his bank for this type of direct debit. It is also important that the debtor signs a specific direct debit mandate and registers it with his bank before the first direct debit.

The debtor can refuse to accept B2B direct debits or set a maximum amount beyond which the direct debit will not be executed. It can also authorize B2B direct debits only for certain creditors, such as the French Public Finance Department (DGFiP).

B2B direct debit cannot be contested once it has been authorized and executed. It therefore offers greater security and speed for the creditor, but also entails risks.

Where can I find the SEPA B2B mandate?

The SEPA B2B mandate is a document authorizing the debiting of an amount from a company's bank account by another professional creditor or a public body. It details essential information about the transaction, and the rights and obligations of the debtor and the creditor. It is required to use the SEPA B2B direct debit.

To find the SEPA B2B mandate, you need to log in to your professional space on the impots.gouv.fr . You can then access the pre-filled mandate by clicking on "Manage my bank accounts" then "Edit mandate". You must print the mandate, sign it and send it to your bank before the first withdrawal. You must also indicate the Unique Mandate Reference (RUM) which appears on the mandate.

It can also be obtained from the creditor . It can be supplied in paper or electronic form Companies can also find SEPA B2B mandate templates. with financial institutions, online, or through dedicated payment management services.

What is the DGFIP B2B direct debit?

The DGFIP B2B direct debit is an online payment method that enables companies to pay their taxes to the Direction Générale des Finances Publiques (DGFiP). This is a SEPA direct debit between companies, which is faster, more secure and irrevocable than the standard SEPA direct debit.

In other words, it's a method of payment dedicated to business-to-business transactions and DGFIP .Il is often used to make payments related to tax obligations, such as VAT. Companies can set up this levy in compliance with the specific standards and procedures defined by the DGFIP.

To use the DGFIP B2B direct debit, the company must have a bank account in BIC IBAN format in the SEPA zone, it signs a specific direct debit mandate and registers it with your bank and the DGFIP before the first It cannot be contested or refunded once it has been made.

Can I contest this transfer?

So, yes, it is possible to contest a transfer including the DGFIP B2B direct debit. However, the possibility of contesting the latter depends on the type of transfer and the reason for the dispute You can contest a transfer :

• If you have not given your authorization for the transfer, you can request reimbursement of the amount from the date your account was debited.

• If you have given your authorization, but the amount or date of the transfer does not correspond to what you agreed with the creditor .

• If you have given your authorization, but the transfer was incorrectly executed by the bank (for example, if the amount has been debited twice or if the beneficiary has not received the transfer).

To contest a transfer, you must send a written request to your bank, indicating the reason for the dispute, the amount and date of the transfer, and the beneficiary's contact details. enclose a copy of your account statement and transfer authorization if you have one.

It is therefore essential to deal promptly with any dispute to avoid possible financial consequences.

In conclusion, the SEPA B2B direct debit is a key element in business-to-business transactions, offering simplicity and standardization. Understanding its nuances is essential for optimizing financial exchanges. It does, however, entail obligations and risks for the debtor, who must sign a specific mandate and waive his or her right to reimbursement. Visit B2B direct debit is a solution to be considered with care and discernment.