What Is The Unique Mandate Reference?

1.	What Is The Unique Mandate Reference?
Answer» The mandate reference is a unique COMBINATION of up to 35 alphanumeric characters chosen by the payee. It is a reference number given to each SEPA direct debit mandate received, ensuring that all direct debits based on this particular mandate can be identified. The unique mandate reference is part of the required DATA ELEMENTS that the payee NEEDS to provide in order to INITIATE a SEPA direct debit. The mandate reference is a unique combination of up to 35 alphanumeric characters chosen by the payee. It is a reference number given to each SEPA direct debit mandate received, ensuring that all direct debits based on this particular mandate can be identified. The unique mandate reference is part of the required data elements that the payee needs to provide in order to initiate a SEPA direct debit.

Answer»

The mandate reference is a unique COMBINATION of up to 35 alphanumeric characters chosen by the payee. It is a reference number given to each SEPA direct debit mandate received, ensuring that all direct debits based on this particular mandate can be identified. The unique mandate reference is part of the required DATA ELEMENTS that the payee NEEDS to provide in order to INITIATE a SEPA direct debit.

The mandate reference is a unique combination of up to 35 alphanumeric characters chosen by the payee. It is a reference number given to each SEPA direct debit mandate received, ensuring that all direct debits based on this particular mandate can be identified. The unique mandate reference is part of the required data elements that the payee needs to provide in order to initiate a SEPA direct debit.

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