Direct Debit - opt for modern solutions for your business, which save both time and money

Use the service for automation of regular monthly liability payment

  • Automate and standardise collection processes
  • Shorten the collection period and costs
  • Settle your liabilities in a timely manner, without additional efforts or banking costs

More information about Direct Debit service:

We offer you the service for automating claim collection from the debtor's account, initiated by the creditor (invoice issuer), based on an authorisation issued by an individual (debtor)

Benefits for the creditor:

 

  1. Significantly decrease your collection costs
  2. Automate and standardise collection processes
  3. Decrease the average collection period
  4. Optimise your cash flows

Benefits for the debtor:

 

  • Settle your liabilities in a timely manner, without additional efforts and without costs of banking commissions for the payment of invoices (liabilities)

Participants:


DEBTOR – an individual who authorises the creditor, in accordance with the conditions stated in the authorisation, to collect funds from the debtor's account

CREDITOR - a legal entity which, in accordance with the conditions in the authorisation, initiates the collection of funds from the debtor's account 

BANKS – Creditor's bank and the debtor's bank

PROCESSOR – a legal entity which enables the execution of Direct Debit transactions - executes the operations of clearing direct debits (Association of Serbian Banks)  

Do you need more information about the Direct Debit service?

E-banking

All payment transactions of your company can be executed from a computer or any other device connected to the internet.

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