You initiate collection and decide the collection dates.
You submit all collection details to one bank.
You collect payments for invoices in all SEPA countries.
Simple collection of invoices, at a time of your choosing
If your organisation is active in Europe and you would like to avoid late payments, The European direct debit is the simplest solution. You submit your collection details to KBC, and we take care of the actual collection. You also choose the collection date yourself. The payment of the invoice can happen on the due date. The duration of a payment is one working day.
Suppose your customer doesn’t have enough money in their account? No problem: we like to make things easy for you. The collection will be automatically relisted several times during five working days. So there’s no need for you to submit a new collection instruction.
Like to know more about the European direct debit? Read this
document or contact your relationship manager.