A country-specific update for SEPA direct debit for generic, Netherlands and Belgium

Voor Microsoft Dynamics AX 2009 SP1 en AX 2012 is de incasso functionaliteit conform SEPA uitgebracht.

The Single Euro Payments Area (SEPA) is an area that is set up by the European Commission. In the SEPA, all electronic payments are considered domestic, regardless of the country/region in which the individual, business or organization, and bank are located. Within this area, national and cross-border payments have no difference. The SEPA includes the 27 European Union (EU) member states, plus Iceland, Liechtenstein, Norway, Switzerland and Monaco. SEPA helps form a single market for payment transactions within the European Economic Area (EEA). Ultimately, the SEPA is expected to reduce the number of payment formats that banks, businesses, and people must work with.
A SEPA Direct Debit enables a creditor to collect funds from a customer’s bank account, if a signed mandate is granted by the customer to the creditor. The customer signs a mandate authorizing the creditor to collect a payment and instructing the customer’s bank to pay the collection. SEPA Direct Debits create, for the first time, a payment instrument that can be used for both national and cross-border euro direct debits throughout the 32 SEPA countries/regions.
As of February 1, 2014, SEPA Direct Debits will be mandatory for this kind of transaction within the euro area. There are two schemes available: the SEPA Core Direct Debit Scheme and the SEPA Business to Business Direct Debit Scheme.

Download information:

Update is available through following links:

· http://support.microsoft.com/kb/2786631

· https://mbs2.microsoft.com/Knowledgebase/KBDisplay.aspx?scid=kb;en-us;2786631

Vandaag wordt de mbs2 link in de loop van de dag actief.



Comments (1)

  1. great. I like this information.

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