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What If Legacy Mandates Are Already In Existence? Will It Be Necessary To Obtain New Sepa Mandates In Order To Be Able To Make Sepa Direct Debits In The Future? |
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Answer» REGULATION (EU) No 260/2012 STIPULATES that existing direct debit mandates that were issued before 1 FEBRUARY 2014 will remain valid after the migration end date when MAKING core SEPA direct debit payments. Regulation (EU) No 260/2012 stipulates that existing direct debit mandates that were issued before 1 February 2014 will remain valid after the migration end date when making core SEPA direct debit payments. |
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