Payment services, Non-cash Means of payment, Direct debit

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Direct debit

Direct debits are convenient and widely used payment means within the EU Member States. Nevertheless the volume of cross-border direct debits remains very low. The European Commission, the European banking sector and standardisation bodies have already started working towards a pan-European cross-border direct system.


Study

  • Harmonisation of the legal framework for cross-border direct debit systems in the 15 Member States of the European Union
Part 1 Executive Summary: Definitions and description of national direct debit systems PDF - 4.1 MbEnglish
Part 2 Comparative analysis of national direct debit schemes PDF - 2.7 MbEnglish
Part 3 Proposals for a harmonised legal framework PDF - 820 KBEnglish

Last update: 06.02.2012