Direct Debit

Debit initiated by the recipient.

With the SEPA direct debit, the payee collects amounts from the payer's account on the basis of a granted mandate. The payer can have an authorized basic direct debit reversed within eight weeks without giving reasons.

The relevant statutes

§ 675f BGB

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Related terms

Bank Transfer
Basic Account

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General explanation for self-help, not legal advice (RDG). Individual cases may differ: if in doubt, contact a consumer advice center or a lawyer.