Scheme between companies

The B2B directly debited debt is a type of SEPA direct debit, conceived specifically for transactions between legal entities (companies or self-employed workers).

The main advantage of the B2B scheme is that the refund deadline is reduced to only three days, reducing the trading risk and the risk of default or non-payment. Accordingly, the debtor is not entitled to be refunded by its financial institution once the debit has been made.

The B2B scheme is optional and not all banks may offer the service. The issuer must consult updated details of the countries and entities involved in the B2B scheme, both in Spain and in the remaining countries in the SEPA area, before making a B2B debit.