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Money transfers

How do I set up a direct debit?

To set up a direct debit, your payee must provide their payment service provider with a valid SEPA direct debit mandate (on paper or electronically) for debiting your iCard account, signed or otherwise confirmed by you. We will execute direct debit requests only in case they are made in accordance with the SEPA Direct Debit Core Rules, available on the website of the European Payment Council.

Your authorisation allows the payee to collect future payments from your iCard account according to the agreed conditions. No need to inform iCard or to do something in the iCard app. You just need to provide the merchant with the IBAN of your EUR account and account details.

 

Related articles:

Where can I find my IBAN?

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