Direct debits are a banking service that enables you to collect payments from your customers using a direct debit order. The direct debit order signed by your customer enables automatic collection, as it authorizes the creditor to withdraw payment from the debtor's account.
SEPA direct debits or SEPA direct debit billing
Automate your business' collections at no cost for the first year
By means of SEPA direct debits, your customers will authorize you to make regular or one-off collections directly to their account.
- Expedite the filing of debit entries.
- Reduce loads and administrative costs.
- Enjoy detailed information when they are charged.
Through 04/30/2026
You're still not a customer? Become a BBVA customer and send SEPA direct debits free of charge for the first year
If you usually make periodic collections, you can now automate them at no cost for 12 months.
- Open your Bienvenida Account with no fees or conditions.
- Send your company's SEPA direct debits.
Only for new self-employed customers and companies with a turnover below 5 million euros a year.
How does it work?
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Collection by SEPA direct debit mandates (Rulebook 19 of the AEB, the Spanish Banking Association) allows issuing customers to:
- Optimize the transaction value dates applied to the deposits by streamlining the filing of debit entries.
- Reduce administrative costs by eliminating paperwork and other types of physical media.
- Optimize recovery stocks, by having punctual, detailed information of the refunds on the same day they are charged.
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