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The SEPA Direct Debit scheme is designed to create a single, convenient and efficient way to accept and make direct debit payments in Euros throughout the SEPA (Single Euro Payment Area) community.
It can help reduce operational costs, simplify processing and strengthen cash management forecasting as well as improve access for UK businesses to European markets by removing barriers to collections. For the first time, businesses are able to collect funds from debtors using a consistent Europe-wide system and through a single bank account.
There are two schemes to choose from:
The SEPA Direct Debit scheme is available to Lloyds Bank customers. To find out if this solution can help your business, contact your relationship manager.
All applications for our products and services are subject to eligibility criteria.
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Lloyds Bank plc Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales no. 2065. Telephone: 0207 626 1500.
Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Registration Number 119278.
Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due to FSCS and FOS eligibility criteria not all business customers will be covered.
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t: 0207 158 8104
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t: 0207 1582 912
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LloydsLink online helpdesk0870 900 2070The helpdesk is available from 8am to 6pm Monday to Friday, with the exception of bank holidays.
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Andrew Willett (interim)FI Capital & Asset Backed Solutionsandrew.email@example.com
Farouk RamzanHead of Capital Markets Originationfarouk.firstname.lastname@example.org
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Andrew WillettHead of Risk Management Solutions and Strategic Client Solutionsandrew.email@example.com
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